Money makes money...!
No surprises there. It's an oft quoted maxim - "You've got to have money to make money".
This recent post caught my eye - https://www.techinasia.com/wealth-funding-vulpes-prive
It's not surprising, and as a business idea, makes very good sense. But it brought the point home to me - "here is yet another service for those that already have Wealth, but what about a services/s for those that want to create Wealth"?
People like Ned Phillips and the Team at Bambu (https://www.bambu.life/) are doing great work to democratise access to wealth management strategies that were previously the preserve of the wealthy. They've spearheaded a wave of what are called Robo Advisors. A robo-advisor is a digital wealth management service that provides automated, technology-augmented and algorithm-based portfolio management services.
We all could use a little more money in our pocket and in our bank account.
The time has come to take advantage of technological innovation to level the playing field.
Do you already use an App to help you save, invest, trade, budget, purchase etc.? I'd love to hear from people about their experiences and where they see FinTech going in the next few years.
Sales Director Southeast Asia at Ceva Logistics
7 年Hi James, sounds like a great idea, use an app to take advantage of the technology and algos out there, and make it available to retail investors...