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Valerietanzx

Valerietanzx

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2021-03-06

Seems like i’s not the end to Bitcoin.

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2021-03-04

Good article. Is it no strange we are so willing to pay double digit the earnings ratio.

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2021-02-26

Everything’s red!

2021-02-24

Is the Bitcoin momentum really slowing or is this just a small contraction for bigger highs?

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2021-02-22

Can’t belive there are marijuana ETFs now.

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2021-02-20

If it weren’t good, there wouldn’t be restrictions for such large sums of investment.

Goldman Sachs is joining the robo-investing party — should you?

2021-02-17

I wonder how crypto will impact our lives in the future.

Bitcoin Scales $51,000 for the First Time Amid Crypto Fever

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like i’s not the end to Bitcoin.&nbsp;","listText":"Seems like i’s not the end to Bitcoin.&nbsp;","text":"Seems like i’s not the end to Bitcoin.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/320338047","repostId":"1182430321","repostType":4,"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364487371,"gmtCreate":1614870009893,"gmtModify":1703482310195,"author":{"id":"3575359145069729","authorId":"3575359145069729","name":"Valerietanzx","avatar":"https://static.tigerbbs.com/9f2dca1a4de8763e172a19082fe548c7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575359145069729","idStr":"3575359145069729"},"themes":[],"htmlText":"Good article. Is it no strange we are so willing to pay double digit the earnings ratio.&nbsp;","listText":"Good article. Is it no strange we are so willing to pay double digit the earnings ratio.&nbsp;","text":"Good article. Is it no strange we are so willing to pay double digit the earnings ratio.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/364487371","repostId":"1156189136","repostType":4,"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368747020,"gmtCreate":1614355156260,"gmtModify":1703476903616,"author":{"id":"3575359145069729","authorId":"3575359145069729","name":"Valerietanzx","avatar":"https://static.tigerbbs.com/9f2dca1a4de8763e172a19082fe548c7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575359145069729","idStr":"3575359145069729"},"themes":[],"htmlText":"Everything’s red!","listText":"Everything’s red!","text":"Everything’s red!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368747020","isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361023106,"gmtCreate":1614180080005,"gmtModify":1634550832236,"author":{"id":"3575359145069729","authorId":"3575359145069729","name":"Valerietanzx","avatar":"https://static.tigerbbs.com/9f2dca1a4de8763e172a19082fe548c7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575359145069729","idStr":"3575359145069729"},"themes":[],"htmlText":"Is the Bitcoin momentum really slowing or is this just a small contraction for bigger highs?","listText":"Is the Bitcoin momentum really slowing or is this just a small contraction for bigger highs?","text":"Is the Bitcoin momentum really slowing or is this just a small contraction for bigger highs?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/361023106","repostId":"1155806524","repostType":2,"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360759779,"gmtCreate":1613982562491,"gmtModify":1634551672100,"author":{"id":"3575359145069729","authorId":"3575359145069729","name":"Valerietanzx","avatar":"https://static.tigerbbs.com/9f2dca1a4de8763e172a19082fe548c7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575359145069729","idStr":"3575359145069729"},"themes":[],"htmlText":"Can’t belive there are marijuana ETFs now.&nbsp;","listText":"Can’t belive there are marijuana ETFs now.&nbsp;","text":"Can’t belive there are marijuana ETFs now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/360759779","repostId":"1165604778","repostType":4,"isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360077242,"gmtCreate":1613803183786,"gmtModify":1634552150595,"author":{"id":"3575359145069729","authorId":"3575359145069729","name":"Valerietanzx","avatar":"https://static.tigerbbs.com/9f2dca1a4de8763e172a19082fe548c7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575359145069729","idStr":"3575359145069729"},"themes":[],"htmlText":"If it weren’t good, there wouldn’t be restrictions for such large sums of investment.&nbsp;","listText":"If it weren’t good, there wouldn’t be restrictions for such large sums of investment.&nbsp;","text":"If it weren’t good, there wouldn’t be restrictions for such large sums of investment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/360077242","repostId":"1161529893","repostType":4,"repost":{"id":"1161529893","pubTimestamp":1613733842,"share":"https://www.laohu8.com/m/news/1161529893?lang=&edition=full","pubTime":"2021-02-19 19:24","market":"us","language":"en","title":"Goldman Sachs is joining the robo-investing party — should you?","url":"https://stock-news.laohu8.com/highlight/detail?id=1161529893","media":"Marketwatch","summary":"‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.Robo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.Now anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by so","content":"<blockquote>\n ‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n</blockquote>\n<p>Robo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.</p>\n<p>Now anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by some of Goldman Sachs’ wealthiest clients for a 0.35% annual advisory fee. But investing experts say there are more costs to consider before jumping on the robo-investing train.</p>\n<p>“Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.</p>\n<p>Although the 35 basis-point price tag is a “loss leader” to Goldman Sachs, he said companies typically make such offers in order to attract clients to cross-sell them banking products.</p>\n<p>“People forget that banks are ultimately in the business of making money,” he said.</p>\n<p>Goldman Sachs declined to comment.</p>\n<p>The company is among other major financial-services firms offering digital advisers, including Vanguard, Fidelity and Schwab SCHW, +1.03% and startups such as Betterment and Wealthfront.</p>\n<p>Fees for robo advisers can start at around 0.25%, and increase to 1% and above for traditional brokers. A survey of nearly 1,000 financial planners by Inside Information, a trade publication, found that the bigger the portfolio, the lower the percentage clients paid in fees.</p>\n<p>The median annual charge hovered at around 1% for portfolios of $1 million or less, and 0.5% for portfolios worth $5 million to $10 million.</p>\n<p>Robo advisers like those on offer from Goldman Sachs and Betterment differ from robo platforms like Robinhood. The former suggest portfolios focused on exchange-traded funds, while Robinhood allows users to invest in individual ETFs, stocks, options and even cryptocurrencies.</p>\n<p><b>Robo investing as a self-driving car</b></p>\n<p>Consumers have turned to robo-investing at unprecedented levels during the pandemic.</p>\n<p>The rate of new accounts opened jumped between 50% and 300% during the first quarter of 2020 compared to the fourth quarter of last year, according to a May report published by research and advisory firm Aite Group.</p>\n<p>So what is rob-investing? Think of it like a self-driving car.</p>\n<p>You put in your destination, buckle up in the backseat and your driver (robo adviser) will get there. You, the passenger, can’t easily slam the breaks if you fear your driver is leading you in the wrong direction. Nor can you put your foot on the gas pedal if you’re in a rush and want to get to your destination faster.</p>\n<p>Robo-investing platforms use advanced-trading algorithm software to design investment portfolios based on factors such as an individual’s appetite for risk-taking and desired short-term and long-term returns.</p>\n<p>There are over 200 platforms that provide these services charging typically no more than a 0.5% annual advisory fee, compared to the 1% annual fee human investment advisors charge.</p>\n<p>And rather than investing entirely on your own, which can become a second job and lead to emotional investment decisions, robo advisers handle buying and selling assets.</p>\n<p>Cynthia Loh, Schwab vice president of Digital Advice and Innovation, disagrees, and argues that robo investing doesn’t mean giving technology control of your money. Schwab, she said, has a team of investment experts who oversee investment strategy and keep watch during periods of market volatility, although some services have more input from humans than others.</p>\n<p>As she recently wrote on MarketWatch: “One common misconception about automated investing is that choosing a robo adviser essentially means handing control of your money over to robots. The truth is that robo solutions have a combination of automated and human components running things behind the scenes.”</p>\n<p><b>Robos appeal to inexperienced investors</b></p>\n<p>Robo investing tends to appeal to inexperienced investors or ones who don’t have the time or energy to manage their own portfolios. These investors can take comfort in the “set it and forget it approach to investing and overtime let the markets do their thing,” Barse said.</p>\n<p>That makes it much easier to stomach market volatility knowing that you don’t necessarily have to make spur-of-the-moment decisions to buy or sell assets, said Tiffany Lam-Balfour, an investing and retirement specialist at NerdWallet.</p>\n<p>“When you’re investing, you don’t want to keep looking at the market and going ‘Oh I need to get out of this,’” she said. “You want to leave it to the professionals to get you through it because they know what your time horizon is, and they’ll adjust your portfolio automatically for you.”</p>\n<p>That said, “you can’t just expect your investments will only go up. Even if you had the world’s best human financial adviser you can’t expect that.”</p>\n<p>Others disagree, and say robo advisers appeal to older investors. “Planning for and paying yourself in retirement is complex. There are many options out there to help investors through it, and robo investing is one of them,” Loh said.</p>\n<p>“Many thoughtful, long-term investors have discovered that they want a more modern, streamlined, and inexpensive way to invest, and robo investing fits the bill. They are happy to let technology handle the mundane activities that are harder and more time-consuming for investors to do themselves,” she added.</p>\n<p><b>There is often no door to knock on</b></p>\n<p>Your robo adviser only knows what you tell it. The simplistic questionnaire you’re required to fill out will on most robo-investing platforms will collect information on your annual income, desired age to retire and the level of risk you’re willing to take on.</p>\n<p>It won’t however know if you just had a child and would like to begin saving for their education down the road or if you recently lost your job.</p>\n<p>“The question then becomes to whom does that person go to for advice and does that platform offer that and if so, to what level of complexity?” said Barse.</p>\n<p>Not all platforms give individualized investment advice and the hybrid models that do offer advice from a human tend to charge higher annual fees.</p>\n<p>Additionally, a robo adviser won’t necessarily “manage your money with tax efficiency at front of mind,” said Roger Ma, a certified financial planner at Lifelaidout, a New York City-based financial advisory group.</p>\n<p>For instance, one common way investors offset the taxes they pay on long-term investments is by selling assets that have accrued losses. Traditional advisers often specialize in constructing portfolios that lead to the most tax-efficient outcomes, said Ma, who is the author of “Work Your Money, Not Your Life”.</p>\n<p>But with robo investing, the trades that are made for you are the same ones that are being made for a slew of other investors who may fall under a different tax-bracket than you.</p>\n<p>On top of that, while robo investing may feel like a simplistic way to get into investing, especially for beginners it can “overcomplicate investing,” Ma said.</p>\n<p>“If you are just looking to dip your toe in and you want to feel like you’re invested in a diversified portfolio, I wouldn’t say definitely don’t do a robo adviser,” he said.</p>\n<p>Don’t rule out investing through a target-date fund that selects a single fund to invest in and adjusts the position over time based on their investment goals, he added.</p>\n<p>But not everyone can tell the difference between robo advice and advice from a human being. In 2015, MarketWatch asked four prominent robo advisers and four of the traditional, flesh-and-blood variety to construct portfolios for a hypothetical 35-year-old investor with $40,000 to invest.</p>\n<p>The results were, perhaps, surprising for critics of robo advisers. The robots’ suggestions were “not massively different” from what the human advisers proposed, said Michael Kitces, Pinnacle Advisory Group’s research director, after reviewing the results.</p>\n<p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs is joining the robo-investing party — should you?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs is joining the robo-investing party — should you?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 19:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n\nRobo investing has become ...</p>\n\n<a href=\"https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161529893","content_text":"‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n\nRobo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.\nNow anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by some of Goldman Sachs’ wealthiest clients for a 0.35% annual advisory fee. But investing experts say there are more costs to consider before jumping on the robo-investing train.\n“Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\nAlthough the 35 basis-point price tag is a “loss leader” to Goldman Sachs, he said companies typically make such offers in order to attract clients to cross-sell them banking products.\n“People forget that banks are ultimately in the business of making money,” he said.\nGoldman Sachs declined to comment.\nThe company is among other major financial-services firms offering digital advisers, including Vanguard, Fidelity and Schwab SCHW, +1.03% and startups such as Betterment and Wealthfront.\nFees for robo advisers can start at around 0.25%, and increase to 1% and above for traditional brokers. A survey of nearly 1,000 financial planners by Inside Information, a trade publication, found that the bigger the portfolio, the lower the percentage clients paid in fees.\nThe median annual charge hovered at around 1% for portfolios of $1 million or less, and 0.5% for portfolios worth $5 million to $10 million.\nRobo advisers like those on offer from Goldman Sachs and Betterment differ from robo platforms like Robinhood. The former suggest portfolios focused on exchange-traded funds, while Robinhood allows users to invest in individual ETFs, stocks, options and even cryptocurrencies.\nRobo investing as a self-driving car\nConsumers have turned to robo-investing at unprecedented levels during the pandemic.\nThe rate of new accounts opened jumped between 50% and 300% during the first quarter of 2020 compared to the fourth quarter of last year, according to a May report published by research and advisory firm Aite Group.\nSo what is rob-investing? Think of it like a self-driving car.\nYou put in your destination, buckle up in the backseat and your driver (robo adviser) will get there. You, the passenger, can’t easily slam the breaks if you fear your driver is leading you in the wrong direction. Nor can you put your foot on the gas pedal if you’re in a rush and want to get to your destination faster.\nRobo-investing platforms use advanced-trading algorithm software to design investment portfolios based on factors such as an individual’s appetite for risk-taking and desired short-term and long-term returns.\nThere are over 200 platforms that provide these services charging typically no more than a 0.5% annual advisory fee, compared to the 1% annual fee human investment advisors charge.\nAnd rather than investing entirely on your own, which can become a second job and lead to emotional investment decisions, robo advisers handle buying and selling assets.\nCynthia Loh, Schwab vice president of Digital Advice and Innovation, disagrees, and argues that robo investing doesn’t mean giving technology control of your money. Schwab, she said, has a team of investment experts who oversee investment strategy and keep watch during periods of market volatility, although some services have more input from humans than others.\nAs she recently wrote on MarketWatch: “One common misconception about automated investing is that choosing a robo adviser essentially means handing control of your money over to robots. The truth is that robo solutions have a combination of automated and human components running things behind the scenes.”\nRobos appeal to inexperienced investors\nRobo investing tends to appeal to inexperienced investors or ones who don’t have the time or energy to manage their own portfolios. These investors can take comfort in the “set it and forget it approach to investing and overtime let the markets do their thing,” Barse said.\nThat makes it much easier to stomach market volatility knowing that you don’t necessarily have to make spur-of-the-moment decisions to buy or sell assets, said Tiffany Lam-Balfour, an investing and retirement specialist at NerdWallet.\n“When you’re investing, you don’t want to keep looking at the market and going ‘Oh I need to get out of this,’” she said. “You want to leave it to the professionals to get you through it because they know what your time horizon is, and they’ll adjust your portfolio automatically for you.”\nThat said, “you can’t just expect your investments will only go up. Even if you had the world’s best human financial adviser you can’t expect that.”\nOthers disagree, and say robo advisers appeal to older investors. “Planning for and paying yourself in retirement is complex. There are many options out there to help investors through it, and robo investing is one of them,” Loh said.\n“Many thoughtful, long-term investors have discovered that they want a more modern, streamlined, and inexpensive way to invest, and robo investing fits the bill. They are happy to let technology handle the mundane activities that are harder and more time-consuming for investors to do themselves,” she added.\nThere is often no door to knock on\nYour robo adviser only knows what you tell it. The simplistic questionnaire you’re required to fill out will on most robo-investing platforms will collect information on your annual income, desired age to retire and the level of risk you’re willing to take on.\nIt won’t however know if you just had a child and would like to begin saving for their education down the road or if you recently lost your job.\n“The question then becomes to whom does that person go to for advice and does that platform offer that and if so, to what level of complexity?” said Barse.\nNot all platforms give individualized investment advice and the hybrid models that do offer advice from a human tend to charge higher annual fees.\nAdditionally, a robo adviser won’t necessarily “manage your money with tax efficiency at front of mind,” said Roger Ma, a certified financial planner at Lifelaidout, a New York City-based financial advisory group.\nFor instance, one common way investors offset the taxes they pay on long-term investments is by selling assets that have accrued losses. Traditional advisers often specialize in constructing portfolios that lead to the most tax-efficient outcomes, said Ma, who is the author of “Work Your Money, Not Your Life”.\nBut with robo investing, the trades that are made for you are the same ones that are being made for a slew of other investors who may fall under a different tax-bracket than you.\nOn top of that, while robo investing may feel like a simplistic way to get into investing, especially for beginners it can “overcomplicate investing,” Ma said.\n“If you are just looking to dip your toe in and you want to feel like you’re invested in a diversified portfolio, I wouldn’t say definitely don’t do a robo adviser,” he said.\nDon’t rule out investing through a target-date fund that selects a single fund to invest in and adjusts the position over time based on their investment goals, he added.\nBut not everyone can tell the difference between robo advice and advice from a human being. In 2015, MarketWatch asked four prominent robo advisers and four of the traditional, flesh-and-blood variety to construct portfolios for a hypothetical 35-year-old investor with $40,000 to invest.\nThe results were, perhaps, surprising for critics of robo advisers. The robots’ suggestions were “not massively different” from what the human advisers proposed, said Michael Kitces, Pinnacle Advisory Group’s research director, after reviewing the results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385265790,"gmtCreate":1613555862110,"gmtModify":1634553180403,"author":{"id":"3575359145069729","authorId":"3575359145069729","name":"Valerietanzx","avatar":"https://static.tigerbbs.com/9f2dca1a4de8763e172a19082fe548c7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575359145069729","idStr":"3575359145069729"},"themes":[],"htmlText":"I wonder how crypto will impact our lives in the future.&nbsp;","listText":"I wonder how crypto will impact our lives in the future.&nbsp;","text":"I wonder how crypto will impact our lives in the future.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/385265790","repostId":"1167310121","repostType":4,"repost":{"id":"1167310121","pubTimestamp":1613550070,"share":"https://www.laohu8.com/m/news/1167310121?lang=&edition=full","pubTime":"2021-02-17 16:21","market":"fut","language":"en","title":"Bitcoin Scales $51,000 for the First Time Amid Crypto Fever","url":"https://stock-news.laohu8.com/highlight/detail?id=1167310121","media":"Bloomberg","summary":"Largest digital token extends its fivefold rally in past yearJPMorgan says Bitcoin volatility needs ","content":"<ul><li>Largest digital token extends its fivefold rally in past year</li><li>JPMorgan says Bitcoin volatility needs to ebb to sustain rally</li></ul><p>Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past $51,000 for the first time.</p><p>The largest cryptocurrency rose almost 6% Wednesday to about $51,431 after a fivefold surge in the past year, according to a composite of prices compiled by Bloomberg. The Bloomberg Galaxy Crypto Index reached a record.</p><p>Bitcoin’s rally for some is emblematic of speculative froth in financial markets awash with stimulus. The crypto faithful counter that the digital asset is grabbing more mainstream attention, especially after&nbsp;Tesla Inc.’s recent $1.5 billion purchase.MicroStrategy Inc.&nbsp;said Tuesday it would sell $600 million of convertible bonds and use the proceeds to buy more of the tokens.</p><p>MicroStrategy’s step is “a warning sign if there ever was one that things are getting out of hand in the crypto world,” Jeffrey Halley, a senior market analyst at&nbsp;Oanda Asia Pacific Pte, wrote in emailed comments.</p><p><img src=\"https://static.tigerbbs.com/fef83bce616e135fef280f6b2b2e556a\" tg-width=\"930\" tg-height=\"523\"></p><p>Others take a different view, contending that demand from institutional investors and companies is set to expand, driving further gains.</p><p>“There are a number of reasons why Bitcoin is soaring, but what stands out most is the trend that MicroStrategy started and Tesla popularised: moving institutional balance sheets into Bitcoin to hedge against inflation,” said Nicholas Pelecanos, head of trading at NEM.</p><p>Activity inBitcoin futures&nbsp;suggests traders don’t see a sudden end to the crypto rally, with spreads continuing to widen between the active contract and March futures, according to data compiled by Bloomberg.</p><p>Shares of Asian crypto-linked companies are&nbsp;advancing&nbsp;too. Japan’s&nbsp;Monex Group Inc.&nbsp;jumped 11% to hit a 13-year high, while&nbsp;BC Technology Group Ltd.&nbsp;in Hong Kong closed at a record.</p><p><img src=\"https://static.tigerbbs.com/4f64a9af9a78c46c150143e5d4ab452a\" tg-width=\"930\" tg-height=\"523\"></p><p>JPMorgan Chase &amp; Co. strategists&nbsp;said&nbsp;Bitcoin’s volatility needs to ease to prevent its rally from fizzling. Other commentators see a mania likely to end in a bust akin to the implosion in 2017.</p><p>The digital coin’s 60-day realized volatility is around the highest since May last year, though still below the levels seen around the peak of its last boom some three years ago.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Scales $51,000 for the First Time Amid Crypto Fever</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Scales $51,000 for the First Time Amid Crypto Fever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-17 16:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-02-17/bitcoin-jumps-to-all-time-high-as-cryptocurrency-fever-continues?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Largest digital token extends its fivefold rally in past yearJPMorgan says Bitcoin volatility needs to ebb to sustain rallyBitcoin’s incredible rally shows little sign of abating yet after the token ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-02-17/bitcoin-jumps-to-all-time-high-as-cryptocurrency-fever-continues?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"http://bloomberg.com/news/articles/2021-02-17/bitcoin-jumps-to-all-time-high-as-cryptocurrency-fever-continues?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167310121","content_text":"Largest digital token extends its fivefold rally in past yearJPMorgan says Bitcoin volatility needs to ebb to sustain rallyBitcoin’s incredible rally shows little sign of abating yet after the token jumped past $51,000 for the first time.The largest cryptocurrency rose almost 6% Wednesday to about $51,431 after a fivefold surge in the past year, according to a composite of prices compiled by Bloomberg. The Bloomberg Galaxy Crypto Index reached a record.Bitcoin’s rally for some is emblematic of speculative froth in financial markets awash with stimulus. The crypto faithful counter that the digital asset is grabbing more mainstream attention, especially after Tesla Inc.’s recent $1.5 billion purchase.MicroStrategy Inc. said Tuesday it would sell $600 million of convertible bonds and use the proceeds to buy more of the tokens.MicroStrategy’s step is “a warning sign if there ever was one that things are getting out of hand in the crypto world,” Jeffrey Halley, a senior market analyst at Oanda Asia Pacific Pte, wrote in emailed comments.Others take a different view, contending that demand from institutional investors and companies is set to expand, driving further gains.“There are a number of reasons why Bitcoin is soaring, but what stands out most is the trend that MicroStrategy started and Tesla popularised: moving institutional balance sheets into Bitcoin to hedge against inflation,” said Nicholas Pelecanos, head of trading at NEM.Activity inBitcoin futures suggests traders don’t see a sudden end to the crypto rally, with spreads continuing to widen between the active contract and March futures, according to data compiled by Bloomberg.Shares of Asian crypto-linked companies are advancing too. Japan’s Monex Group Inc. jumped 11% to hit a 13-year high, while BC Technology Group Ltd. in Hong Kong closed at a record.JPMorgan Chase & Co. strategists said Bitcoin’s volatility needs to ease to prevent its rally from fizzling. Other commentators see a mania likely to end in a bust akin to the implosion in 2017.The digital coin’s 60-day realized volatility is around the highest since May last year, though still below the levels seen around the peak of its last boom some three years ago.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":361023106,"gmtCreate":1614180080005,"gmtModify":1634550832236,"author":{"id":"3575359145069729","authorId":"3575359145069729","name":"Valerietanzx","avatar":"https://static.tigerbbs.com/9f2dca1a4de8763e172a19082fe548c7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575359145069729","authorIdStr":"3575359145069729"},"themes":[],"htmlText":"Is the Bitcoin momentum really slowing or is this just a small contraction for bigger highs?","listText":"Is the Bitcoin momentum really slowing or is this just a small contraction for bigger highs?","text":"Is the Bitcoin momentum really slowing or is this just a small contraction for bigger highs?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/361023106","repostId":"1155806524","repostType":2,"repost":{"id":"1155806524","pubTimestamp":1614135098,"share":"https://www.laohu8.com/m/news/1155806524?lang=&edition=full","pubTime":"2021-02-24 10:51","market":"us","language":"en","title":"The Bitcoin Bubble Could Be Popping. It’s a Headwind for Some High-Flying Stocks.","url":"https://stock-news.laohu8.com/highlight/detail?id=1155806524","media":"Barrons","summary":"A bear market in Bitcoin may be forming, potentially contributing to the selloff in some highflying ","content":"<p>A bear market in Bitcoin may be forming, potentially contributing to the selloff&nbsp;in&nbsp;some highflying stocks—if not the broader market.</p>\n<p>Tesla(ticker:Tesla),PayPal Holdings(PYPL), and&nbsp;Square(Square), to name just a few, are trading in tighter correlation to the digital currency. Tesla recentlypurchased$1.5 billion of the digital currency, and said it plans to accept it as payment, fueling a surge in its stock.</p>\n<p>High-growth stocks are under pressure due to fears of rising interest rates and bond yields, which reduce the present value of future cash flows. Tesla and the online payment stocks are also crowded trades, making them vulnerable to a selloff.</p>\n<p>PayPal Holdingsand Square are becoming digital-currency brokers, enabling consumers to buy and store Bitcoin on their apps, aiming to eventually allow people to use it to make purchases.</p>\n<p>The stocks have been sliding as Bitcoin has been in free fall. The digital currency was recently trading around $47,300, down 10% in the past 24 hours and off 18% from highs around $58,000 on Feb. 21, according to CoinDesk.</p>\n<p>Falling prices of Bitcoin may be helping to drag down the broaderNasdaq CompositeIndex, which fell 2.5% Monday and was down 2.2% on Tuesday.</p>\n<p>The selloff in Bitcoin may have been overdue after its surge over the past few months, and it may have gotten a nudge from Treasury Secretary Janet Yellen. She labeled Bitcoin an “inefficient” currency and warned that it could be a sign of speculative excesses, in aninterviewpublished by the New York Times on Tuesday.</p>\n<p>Traders appear to be taking Yellen’s comments as a sign that regulators in the Biden administration may erect more regulatory hurdles to crypto, making it tougher for banks and brokerages to offer commercial services in digital currencies.</p>\n<p>TheNasdaq Compositeand other larger-cap indexes may be more closely tied to Bitcoin as the roster of companies involved in crpyto technology or services expands. It now includes the chip manufacturer&nbsp;Nvidia(NVDA), the internet retailer&nbsp;Overstock.com(OSTK), and banks such as&nbsp;Signature Bank(SBNY). Exchanges and brokerages such as&nbsp;CME Group(CME),Cboe Global Markets(CBOE), and Interactive Brokers (IBKR) are also turning into crypto bets as they expand trading in options and futures contracts related to digital currencies.</p>\n<p>Tesla’s push into Bitcoin was a vote of confidence in crypto, but it may also have turned Tesla into a proxy for the currency, fueling an exodus from the stock from investors who wanted a car maker, not a crypto play.</p>\n<p>“By Musk and Tesla aggressively embracing Bitcoin (from a transactional perspective as well), investors are starting to tie Bitcoin and Tesla at the hip,” wrote Wedbush Securities analyst Dan Ives in a note on Tuesday, referring to Tesla CEO Elon Musk.</p>\n<p>Bitcoin’s surge has also done wonders for stocks that were left for dead. Overstock, for instance, surged 850% from $2.50 to $85 over the past year, including a 77% gain this year. The company has built a portfolio of blockchain and crypto-companies&nbsp;under its Medici Ventures division. It now plans to convert that unit into a limited partnership called Pelion Venture Partners Fund.</p>\n<p>Overstock was down 10% Tuesday, continuing a slide in the last few days as Bitcoin prices slumped.</p>\n<p>Bitcoin’s impact is being felt heavily in PayPal and Square. The companies earn transaction fees on cryptocurrencies, and they appear to be increasing customer engagement and revenue per user, compared with customers who aren’t involved in crypto.</p>\n<p>Neither firm makes much profit off Bitcoin so far, and transactions involving the currency make minimal contributions to revenue. Wolfe analyst Darrin Peller estimates that Bitcoin contributes less than 1% to PayPal’s revenue, and slightly more to Square’s.</p>\n<p>“It’s not a major driver of revenue, but it’s a helpful tool to get customers more engaged,” he says. “As more people are engaged with the apps, they use their digital wallets more frequently, and more money goes into the ecosystem.”</p>\n<p>Indeed, the apps could be conduits for Bitcoin to go mainstream. That, in turn, has fueled excitement about the stocks.</p>\n<p>But they are now falling in tandem with Bitcoin. PayPal stock was down 6% Tuesday to $258 and is off 15% in the past five sessions from record highs around $305.</p>\n<p>Square, which reports earnings after the close Tuesday, was down 7% to $248, off 9% from its record closing high of $272.75 on Feb. 12.</p>\n<p>The total value of Bitcoin remains formidable at nearly $1 trillion. The blockchain technology behind it is being embraced at banks and other financial firms.JPMorgan Chase(JPM)Citigroup(C), andWells Fargo(WFC) have all invested in blockchain. The custody bankBank of New York Mellonrecently announced that it would hold, transfer, and issue crypto for asset-management clients.</p>\n<p>More banks are eager to offer crypto services, notedBank of Americain a report on Tuesday, but they are waiting for guidance from Washington. It may be a while before investors see any impact on their income statements, however, especially if the Bitcoin bubble is now bursting.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Bitcoin Bubble Could Be Popping. It’s a Headwind for Some High-Flying Stocks.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Bitcoin Bubble Could Be Popping. It’s a Headwind for Some High-Flying Stocks.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-24 10:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/the-bitcoin-bubble-could-be-popping-its-a-headwind-for-some-high-flying-stocks-51614105457?mod=hp_LEAD_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A bear market in Bitcoin may be forming, potentially contributing to the selloff in some highflying stocks—if not the broader market.\nTesla(ticker:Tesla),PayPal Holdings(PYPL), and Square(Square), to ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-bitcoin-bubble-could-be-popping-its-a-headwind-for-some-high-flying-stocks-51614105457?mod=hp_LEAD_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","GBTC":"Grayscale Bitcoin Trust","IBKR":"盈透证券","PYPL":"PayPal","CME":"芝加哥商品交易所","CBOE":"芝加哥期权交易所","NVDA":"英伟达","SBNY":"签字银行","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/the-bitcoin-bubble-could-be-popping-its-a-headwind-for-some-high-flying-stocks-51614105457?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155806524","content_text":"A bear market in Bitcoin may be forming, potentially contributing to the selloff in some highflying stocks—if not the broader market.\nTesla(ticker:Tesla),PayPal Holdings(PYPL), and Square(Square), to name just a few, are trading in tighter correlation to the digital currency. Tesla recentlypurchased$1.5 billion of the digital currency, and said it plans to accept it as payment, fueling a surge in its stock.\nHigh-growth stocks are under pressure due to fears of rising interest rates and bond yields, which reduce the present value of future cash flows. Tesla and the online payment stocks are also crowded trades, making them vulnerable to a selloff.\nPayPal Holdingsand Square are becoming digital-currency brokers, enabling consumers to buy and store Bitcoin on their apps, aiming to eventually allow people to use it to make purchases.\nThe stocks have been sliding as Bitcoin has been in free fall. The digital currency was recently trading around $47,300, down 10% in the past 24 hours and off 18% from highs around $58,000 on Feb. 21, according to CoinDesk.\nFalling prices of Bitcoin may be helping to drag down the broaderNasdaq CompositeIndex, which fell 2.5% Monday and was down 2.2% on Tuesday.\nThe selloff in Bitcoin may have been overdue after its surge over the past few months, and it may have gotten a nudge from Treasury Secretary Janet Yellen. She labeled Bitcoin an “inefficient” currency and warned that it could be a sign of speculative excesses, in aninterviewpublished by the New York Times on Tuesday.\nTraders appear to be taking Yellen’s comments as a sign that regulators in the Biden administration may erect more regulatory hurdles to crypto, making it tougher for banks and brokerages to offer commercial services in digital currencies.\nTheNasdaq Compositeand other larger-cap indexes may be more closely tied to Bitcoin as the roster of companies involved in crpyto technology or services expands. It now includes the chip manufacturer Nvidia(NVDA), the internet retailer Overstock.com(OSTK), and banks such as Signature Bank(SBNY). Exchanges and brokerages such as CME Group(CME),Cboe Global Markets(CBOE), and Interactive Brokers (IBKR) are also turning into crypto bets as they expand trading in options and futures contracts related to digital currencies.\nTesla’s push into Bitcoin was a vote of confidence in crypto, but it may also have turned Tesla into a proxy for the currency, fueling an exodus from the stock from investors who wanted a car maker, not a crypto play.\n“By Musk and Tesla aggressively embracing Bitcoin (from a transactional perspective as well), investors are starting to tie Bitcoin and Tesla at the hip,” wrote Wedbush Securities analyst Dan Ives in a note on Tuesday, referring to Tesla CEO Elon Musk.\nBitcoin’s surge has also done wonders for stocks that were left for dead. Overstock, for instance, surged 850% from $2.50 to $85 over the past year, including a 77% gain this year. The company has built a portfolio of blockchain and crypto-companies under its Medici Ventures division. It now plans to convert that unit into a limited partnership called Pelion Venture Partners Fund.\nOverstock was down 10% Tuesday, continuing a slide in the last few days as Bitcoin prices slumped.\nBitcoin’s impact is being felt heavily in PayPal and Square. The companies earn transaction fees on cryptocurrencies, and they appear to be increasing customer engagement and revenue per user, compared with customers who aren’t involved in crypto.\nNeither firm makes much profit off Bitcoin so far, and transactions involving the currency make minimal contributions to revenue. Wolfe analyst Darrin Peller estimates that Bitcoin contributes less than 1% to PayPal’s revenue, and slightly more to Square’s.\n“It’s not a major driver of revenue, but it’s a helpful tool to get customers more engaged,” he says. “As more people are engaged with the apps, they use their digital wallets more frequently, and more money goes into the ecosystem.”\nIndeed, the apps could be conduits for Bitcoin to go mainstream. That, in turn, has fueled excitement about the stocks.\nBut they are now falling in tandem with Bitcoin. PayPal stock was down 6% Tuesday to $258 and is off 15% in the past five sessions from record highs around $305.\nSquare, which reports earnings after the close Tuesday, was down 7% to $248, off 9% from its record closing high of $272.75 on Feb. 12.\nThe total value of Bitcoin remains formidable at nearly $1 trillion. The blockchain technology behind it is being embraced at banks and other financial firms.JPMorgan Chase(JPM)Citigroup(C), andWells Fargo(WFC) have all invested in blockchain. The custody bankBank of New York Mellonrecently announced that it would hold, transfer, and issue crypto for asset-management clients.\nMore banks are eager to offer crypto services, notedBank of Americain a report on Tuesday, but they are waiting for guidance from Washington. It may be a while before investors see any impact on their income statements, however, especially if the Bitcoin bubble is now bursting.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360759779,"gmtCreate":1613982562491,"gmtModify":1634551672100,"author":{"id":"3575359145069729","authorId":"3575359145069729","name":"Valerietanzx","avatar":"https://static.tigerbbs.com/9f2dca1a4de8763e172a19082fe548c7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575359145069729","authorIdStr":"3575359145069729"},"themes":[],"htmlText":"Can’t belive there are marijuana ETFs now.&nbsp;","listText":"Can’t belive there are marijuana ETFs now.&nbsp;","text":"Can’t belive there are marijuana ETFs now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/360759779","repostId":"1165604778","repostType":4,"repost":{"id":"1165604778","pubTimestamp":1613976323,"share":"https://www.laohu8.com/m/news/1165604778?lang=&edition=full","pubTime":"2021-02-22 14:45","market":"us","language":"en","title":"Should you put your hard-earned money into marijuana stocks?","url":"https://stock-news.laohu8.com/highlight/detail?id=1165604778","media":"Motley Fool","summary":"Should you put your hard-earned money into marijuana stocks? We detail the investment opportunities,","content":"<p>Should you put your hard-earned money into marijuana stocks? We detail the investment opportunities, risks, and regulations in the cannabis space.</p>\n<p>The marijuana industry is expected to triple in the next five years -- and many investors are looking to profit.</p>\n<p>As states and entire countries decriminalize or legalize cannabis and/or its components, there are loads of opportunities for entrepreneurs and existing companies.</p>\n<p>But as in any nascent industry, there are also loads of risks and bad actors. Whether you're a first-time investor or a seasoned veteran, it pays to understand all of the moving parts.</p>\n<p>This guide will get you up to speed quickly.</p>\n<p>How to Invest in Marijuana Stocks</p>\n<p>Follow these seven steps if you're thinking about buying cannabis stocks. The following is a summary, but we encourage you to read the entire article linked below for all the details.</p>\n<p><b><i>1. Understand the types of marijuana products.</i></b></p>\n<ul>\n <li>There are two types of cannabis products: medical marijuana vs. recreational marijuana.</li>\n <li>Cannabidiol (CBD) is a cannabinoid that is different than the psychoactive delta-9 tetrahydrocannabinol (THC).</li>\n</ul>\n<p><b><i>2. Know the different types of marijuana stocks.</i></b></p>\n<ul>\n <li>Marijuana growers like<b>Canopy Growth Corporation</b>(NYSE:CGC)</li>\n <li>Cannabis-focused biotechs like<b>GW Pharmaceuticals</b>(NASDAQ:GWPH)</li>\n <li>Providers of supporting products and services like<b>Scotts Miracle-Gro</b>(NYSE:SMG)</li>\n</ul>\n<p><b><i>3. Understand the risks of investing in marijuana stocks.</i></b></p>\n<ul>\n <li>Legal and political risks</li>\n <li>Supply/demand imbalances</li>\n <li>Risk in those that are over-the-counter stocks</li>\n</ul>\n<p><b><i>4. Know what to look for in a marijuana stock.</i></b></p>\n<ul>\n <li>Normal stock considerations, including:</li>\n <li>Cannabis production costs</li>\n <li>For Canadian companies, the extent of international operations and distribution</li>\n <li>Dilution risks via warrants and convertible securities</li>\n</ul>\n<p><b><i>5. Evaluate the top marijuana stocks and exchange-traded funds (ETFs).</i></b></p>\n<ul>\n <li>Marijuana growers like Canopy Growth,<b>Aurora Cannabis</b>(NYSE:ACB),<b>Tilray</b>(NASDAQ:TLRY), and<b>Aphria</b>(NYSE:APHA)</li>\n <li>Biotechs like GW Pharmaceuticals,<b>Cara Therapeutics</b>(NASDAQ:CARA), and<b>Insys Therapeutics</b>(NASDAQ:INSY)</li>\n <li>Ancillary providers like Scotts Miracle-Gro</li>\n <li>ETFs like<b>Horizons Marijuana Life Sciences ETF</b>(NASDAQOTH:HMLSF) and<b>ETFMG Alternative Harvest ETF</b>(NYSEMKT:MJ)</li>\n</ul>\n<p><b><i>6. Invest carefully.</i></b></p>\n<ul>\n <li>For many, avoiding individual investments in the marijuana space entirely is the right call.</li>\n <li>For those who buy in, keeping your marijuana exposure to a small percentage of your overall portfolio limits your risk.</li>\n <li>Pure plays are riskier than more diversified plays.</li>\n</ul>\n<p><b><i>7. Monitor changing industry dynamics closely.</i></b></p>\n<ul>\n <li>Laws, regulations, competitive forces, and the business strategies of the companies themselves will all change rapidly over time.</li>\n</ul>\n<p>Read more:How to Invest in Marijuana Stocks(Note: includes a list of every major marijuana stock)</p>\n<p>But, Really, Should I Buy Marijuana Stocks?</p>\n<p>We just went step-by-step through how to invest in cannabis, but just because there's a trendy new sector with lots of press and potential growth doesn't mean you need to put your hard-earned money in it. After all, if you buy broad index funds, you're covered no matter what sector of the stock market does well.</p>\n<p>Think through the pros and cons as you read on:Should You Invest in Marijuana Stocks?</p>\n<p>Marijuana Legalization in the U.S.: The History and the Future</p>\n<p>One of the biggest variables in cannabis investing is to what extent marijuana will be decriminalized or legalized within the United States, both on a state-by-state basis and on a federal basis.</p>\n<p>The link below provides a quick spin through what we've seen so far, from decriminalization efforts starting in 1973 to legalization efforts beginning in earnest in 1996 to the political signs of where we seem to be heading.</p>\n<p>Read on:Timeline for Marijuana Legalization in the United States: How the Dominoes Are Falling</p>\n<p>More Information on Canadian Marijuana Stocks</p>\n<p>There's been tremendous interest in Canadian cannabis stocks, because on October 17, 2018, recreational use of marijuana became legal in Canada (it had been legalized on a medical basis since 2001).</p>\n<p>Beyond consumption by Canadians, the upside thesis involves operations or distribution to other countries that have legalized or may legalize marijuana to various extents. This includes Germany and particularly the large market on Canada's southern border.</p>\n<p>Read on:Everything You Need to Know About Investing in Canadian Marijuana Stocks</p>\n<p>Commonly Confused Cannabis Terms</p>\n<p>One of the difficulties in understanding the marijuana industry is the jargon. Fortunately, it's not too complicated once you get a handle on a few main terms.</p>\n<p><i>Marijuana vs. cannabis</i></p>\n<p>Cannabis is the scientific name of the plant (the genus that houses three species). For an investor's purposes, marijuana is synonymous with cannabis, as are more informal nicknames like pot, weed, ganja, dope, grass, 420, sticky icky, etc.</p>\n<p><i>CBD vs. THC</i></p>\n<p>Cannabis is made up of nearly 500 chemical constituents, including many dozens of cannabinoids (substances that act on the body's cannabinoid receptors).</p>\n<p>The two most commercially relevant of these cannabinoids are delta-9 tetrahydrocannabinol (THC) and cannabidiol (CBD). Only THC is psychoactive (i.e., makes you high).</p>\n<p><i>Hemp</i></p>\n<p>Hemp is a strain of a species of cannabis with relatively low levels of THC and relatively high levels of CBD. It has many industrial uses like providing fibers to make rope and clothing.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should you put your hard-earned money into marijuana stocks? </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShould you put your hard-earned money into marijuana stocks? \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-22 14:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/marijuana-stocks/?page=1><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Should you put your hard-earned money into marijuana stocks? We detail the investment opportunities, risks, and regulations in the cannabis space.\nThe marijuana industry is expected to triple in the ...</p>\n\n<a href=\"https://www.fool.com/marijuana-stocks/?page=1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CGC":"Canopy Growth Corporation","ACB":"奥罗拉大麻公司","SNDL":"SNDL Inc.","CRON":"Cronos Group Inc.","APHA":"Aphria Inc.","MJ":"Amplify Alternative Harvest ETF","TLRY":"Tilray Inc."},"source_url":"https://www.fool.com/marijuana-stocks/?page=1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165604778","content_text":"Should you put your hard-earned money into marijuana stocks? We detail the investment opportunities, risks, and regulations in the cannabis space.\nThe marijuana industry is expected to triple in the next five years -- and many investors are looking to profit.\nAs states and entire countries decriminalize or legalize cannabis and/or its components, there are loads of opportunities for entrepreneurs and existing companies.\nBut as in any nascent industry, there are also loads of risks and bad actors. Whether you're a first-time investor or a seasoned veteran, it pays to understand all of the moving parts.\nThis guide will get you up to speed quickly.\nHow to Invest in Marijuana Stocks\nFollow these seven steps if you're thinking about buying cannabis stocks. The following is a summary, but we encourage you to read the entire article linked below for all the details.\n1. Understand the types of marijuana products.\n\nThere are two types of cannabis products: medical marijuana vs. recreational marijuana.\nCannabidiol (CBD) is a cannabinoid that is different than the psychoactive delta-9 tetrahydrocannabinol (THC).\n\n2. Know the different types of marijuana stocks.\n\nMarijuana growers likeCanopy Growth Corporation(NYSE:CGC)\nCannabis-focused biotechs likeGW Pharmaceuticals(NASDAQ:GWPH)\nProviders of supporting products and services likeScotts Miracle-Gro(NYSE:SMG)\n\n3. Understand the risks of investing in marijuana stocks.\n\nLegal and political risks\nSupply/demand imbalances\nRisk in those that are over-the-counter stocks\n\n4. Know what to look for in a marijuana stock.\n\nNormal stock considerations, including:\nCannabis production costs\nFor Canadian companies, the extent of international operations and distribution\nDilution risks via warrants and convertible securities\n\n5. Evaluate the top marijuana stocks and exchange-traded funds (ETFs).\n\nMarijuana growers like Canopy Growth,Aurora Cannabis(NYSE:ACB),Tilray(NASDAQ:TLRY), andAphria(NYSE:APHA)\nBiotechs like GW Pharmaceuticals,Cara Therapeutics(NASDAQ:CARA), andInsys Therapeutics(NASDAQ:INSY)\nAncillary providers like Scotts Miracle-Gro\nETFs likeHorizons Marijuana Life Sciences ETF(NASDAQOTH:HMLSF) andETFMG Alternative Harvest ETF(NYSEMKT:MJ)\n\n6. Invest carefully.\n\nFor many, avoiding individual investments in the marijuana space entirely is the right call.\nFor those who buy in, keeping your marijuana exposure to a small percentage of your overall portfolio limits your risk.\nPure plays are riskier than more diversified plays.\n\n7. Monitor changing industry dynamics closely.\n\nLaws, regulations, competitive forces, and the business strategies of the companies themselves will all change rapidly over time.\n\nRead more:How to Invest in Marijuana Stocks(Note: includes a list of every major marijuana stock)\nBut, Really, Should I Buy Marijuana Stocks?\nWe just went step-by-step through how to invest in cannabis, but just because there's a trendy new sector with lots of press and potential growth doesn't mean you need to put your hard-earned money in it. After all, if you buy broad index funds, you're covered no matter what sector of the stock market does well.\nThink through the pros and cons as you read on:Should You Invest in Marijuana Stocks?\nMarijuana Legalization in the U.S.: The History and the Future\nOne of the biggest variables in cannabis investing is to what extent marijuana will be decriminalized or legalized within the United States, both on a state-by-state basis and on a federal basis.\nThe link below provides a quick spin through what we've seen so far, from decriminalization efforts starting in 1973 to legalization efforts beginning in earnest in 1996 to the political signs of where we seem to be heading.\nRead on:Timeline for Marijuana Legalization in the United States: How the Dominoes Are Falling\nMore Information on Canadian Marijuana Stocks\nThere's been tremendous interest in Canadian cannabis stocks, because on October 17, 2018, recreational use of marijuana became legal in Canada (it had been legalized on a medical basis since 2001).\nBeyond consumption by Canadians, the upside thesis involves operations or distribution to other countries that have legalized or may legalize marijuana to various extents. This includes Germany and particularly the large market on Canada's southern border.\nRead on:Everything You Need to Know About Investing in Canadian Marijuana Stocks\nCommonly Confused Cannabis Terms\nOne of the difficulties in understanding the marijuana industry is the jargon. Fortunately, it's not too complicated once you get a handle on a few main terms.\nMarijuana vs. cannabis\nCannabis is the scientific name of the plant (the genus that houses three species). For an investor's purposes, marijuana is synonymous with cannabis, as are more informal nicknames like pot, weed, ganja, dope, grass, 420, sticky icky, etc.\nCBD vs. THC\nCannabis is made up of nearly 500 chemical constituents, including many dozens of cannabinoids (substances that act on the body's cannabinoid receptors).\nThe two most commercially relevant of these cannabinoids are delta-9 tetrahydrocannabinol (THC) and cannabidiol (CBD). Only THC is psychoactive (i.e., makes you high).\nHemp\nHemp is a strain of a species of cannabis with relatively low levels of THC and relatively high levels of CBD. It has many industrial uses like providing fibers to make rope and clothing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385265790,"gmtCreate":1613555862110,"gmtModify":1634553180403,"author":{"id":"3575359145069729","authorId":"3575359145069729","name":"Valerietanzx","avatar":"https://static.tigerbbs.com/9f2dca1a4de8763e172a19082fe548c7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575359145069729","authorIdStr":"3575359145069729"},"themes":[],"htmlText":"I wonder how crypto will impact our lives in the future.&nbsp;","listText":"I wonder how crypto will impact our lives in the future.&nbsp;","text":"I wonder how crypto will impact our lives in the future.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/385265790","repostId":"1167310121","repostType":4,"repost":{"id":"1167310121","pubTimestamp":1613550070,"share":"https://www.laohu8.com/m/news/1167310121?lang=&edition=full","pubTime":"2021-02-17 16:21","market":"fut","language":"en","title":"Bitcoin Scales $51,000 for the First Time Amid Crypto Fever","url":"https://stock-news.laohu8.com/highlight/detail?id=1167310121","media":"Bloomberg","summary":"Largest digital token extends its fivefold rally in past yearJPMorgan says Bitcoin volatility needs ","content":"<ul><li>Largest digital token extends its fivefold rally in past year</li><li>JPMorgan says Bitcoin volatility needs to ebb to sustain rally</li></ul><p>Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past $51,000 for the first time.</p><p>The largest cryptocurrency rose almost 6% Wednesday to about $51,431 after a fivefold surge in the past year, according to a composite of prices compiled by Bloomberg. The Bloomberg Galaxy Crypto Index reached a record.</p><p>Bitcoin’s rally for some is emblematic of speculative froth in financial markets awash with stimulus. The crypto faithful counter that the digital asset is grabbing more mainstream attention, especially after&nbsp;Tesla Inc.’s recent $1.5 billion purchase.MicroStrategy Inc.&nbsp;said Tuesday it would sell $600 million of convertible bonds and use the proceeds to buy more of the tokens.</p><p>MicroStrategy’s step is “a warning sign if there ever was one that things are getting out of hand in the crypto world,” Jeffrey Halley, a senior market analyst at&nbsp;Oanda Asia Pacific Pte, wrote in emailed comments.</p><p><img src=\"https://static.tigerbbs.com/fef83bce616e135fef280f6b2b2e556a\" tg-width=\"930\" tg-height=\"523\"></p><p>Others take a different view, contending that demand from institutional investors and companies is set to expand, driving further gains.</p><p>“There are a number of reasons why Bitcoin is soaring, but what stands out most is the trend that MicroStrategy started and Tesla popularised: moving institutional balance sheets into Bitcoin to hedge against inflation,” said Nicholas Pelecanos, head of trading at NEM.</p><p>Activity inBitcoin futures&nbsp;suggests traders don’t see a sudden end to the crypto rally, with spreads continuing to widen between the active contract and March futures, according to data compiled by Bloomberg.</p><p>Shares of Asian crypto-linked companies are&nbsp;advancing&nbsp;too. Japan’s&nbsp;Monex Group Inc.&nbsp;jumped 11% to hit a 13-year high, while&nbsp;BC Technology Group Ltd.&nbsp;in Hong Kong closed at a record.</p><p><img src=\"https://static.tigerbbs.com/4f64a9af9a78c46c150143e5d4ab452a\" tg-width=\"930\" tg-height=\"523\"></p><p>JPMorgan Chase &amp; Co. strategists&nbsp;said&nbsp;Bitcoin’s volatility needs to ease to prevent its rally from fizzling. Other commentators see a mania likely to end in a bust akin to the implosion in 2017.</p><p>The digital coin’s 60-day realized volatility is around the highest since May last year, though still below the levels seen around the peak of its last boom some three years ago.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Scales $51,000 for the First Time Amid Crypto Fever</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Scales $51,000 for the First Time Amid Crypto Fever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-17 16:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-02-17/bitcoin-jumps-to-all-time-high-as-cryptocurrency-fever-continues?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Largest digital token extends its fivefold rally in past yearJPMorgan says Bitcoin volatility needs to ebb to sustain rallyBitcoin’s incredible rally shows little sign of abating yet after the token ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-02-17/bitcoin-jumps-to-all-time-high-as-cryptocurrency-fever-continues?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"http://bloomberg.com/news/articles/2021-02-17/bitcoin-jumps-to-all-time-high-as-cryptocurrency-fever-continues?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167310121","content_text":"Largest digital token extends its fivefold rally in past yearJPMorgan says Bitcoin volatility needs to ebb to sustain rallyBitcoin’s incredible rally shows little sign of abating yet after the token jumped past $51,000 for the first time.The largest cryptocurrency rose almost 6% Wednesday to about $51,431 after a fivefold surge in the past year, according to a composite of prices compiled by Bloomberg. The Bloomberg Galaxy Crypto Index reached a record.Bitcoin’s rally for some is emblematic of speculative froth in financial markets awash with stimulus. The crypto faithful counter that the digital asset is grabbing more mainstream attention, especially after Tesla Inc.’s recent $1.5 billion purchase.MicroStrategy Inc. said Tuesday it would sell $600 million of convertible bonds and use the proceeds to buy more of the tokens.MicroStrategy’s step is “a warning sign if there ever was one that things are getting out of hand in the crypto world,” Jeffrey Halley, a senior market analyst at Oanda Asia Pacific Pte, wrote in emailed comments.Others take a different view, contending that demand from institutional investors and companies is set to expand, driving further gains.“There are a number of reasons why Bitcoin is soaring, but what stands out most is the trend that MicroStrategy started and Tesla popularised: moving institutional balance sheets into Bitcoin to hedge against inflation,” said Nicholas Pelecanos, head of trading at NEM.Activity inBitcoin futures suggests traders don’t see a sudden end to the crypto rally, with spreads continuing to widen between the active contract and March futures, according to data compiled by Bloomberg.Shares of Asian crypto-linked companies are advancing too. Japan’s Monex Group Inc. jumped 11% to hit a 13-year high, while BC Technology Group Ltd. in Hong Kong closed at a record.JPMorgan Chase & Co. strategists said Bitcoin’s volatility needs to ease to prevent its rally from fizzling. Other commentators see a mania likely to end in a bust akin to the implosion in 2017.The digital coin’s 60-day realized volatility is around the highest since May last year, though still below the levels seen around the peak of its last boom some three years ago.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320338047,"gmtCreate":1615011914189,"gmtModify":1703484226696,"author":{"id":"3575359145069729","authorId":"3575359145069729","name":"Valerietanzx","avatar":"https://static.tigerbbs.com/9f2dca1a4de8763e172a19082fe548c7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575359145069729","authorIdStr":"3575359145069729"},"themes":[],"htmlText":"Seems like i’s not the end to Bitcoin.&nbsp;","listText":"Seems like i’s not the end to Bitcoin.&nbsp;","text":"Seems like i’s not the end to Bitcoin.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/320338047","repostId":"1182430321","repostType":4,"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364487371,"gmtCreate":1614870009893,"gmtModify":1703482310195,"author":{"id":"3575359145069729","authorId":"3575359145069729","name":"Valerietanzx","avatar":"https://static.tigerbbs.com/9f2dca1a4de8763e172a19082fe548c7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575359145069729","authorIdStr":"3575359145069729"},"themes":[],"htmlText":"Good article. Is it no strange we are so willing to pay double digit the earnings ratio.&nbsp;","listText":"Good article. Is it no strange we are so willing to pay double digit the earnings ratio.&nbsp;","text":"Good article. Is it no strange we are so willing to pay double digit the earnings ratio.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/364487371","repostId":"1156189136","repostType":4,"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368747020,"gmtCreate":1614355156260,"gmtModify":1703476903616,"author":{"id":"3575359145069729","authorId":"3575359145069729","name":"Valerietanzx","avatar":"https://static.tigerbbs.com/9f2dca1a4de8763e172a19082fe548c7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575359145069729","authorIdStr":"3575359145069729"},"themes":[],"htmlText":"Everything’s red!","listText":"Everything’s red!","text":"Everything’s red!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/368747020","isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360077242,"gmtCreate":1613803183786,"gmtModify":1634552150595,"author":{"id":"3575359145069729","authorId":"3575359145069729","name":"Valerietanzx","avatar":"https://static.tigerbbs.com/9f2dca1a4de8763e172a19082fe548c7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575359145069729","authorIdStr":"3575359145069729"},"themes":[],"htmlText":"If it weren’t good, there wouldn’t be restrictions for such large sums of investment.&nbsp;","listText":"If it weren’t good, there wouldn’t be restrictions for such large sums of investment.&nbsp;","text":"If it weren’t good, there wouldn’t be restrictions for such large sums of investment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/360077242","repostId":"1161529893","repostType":4,"repost":{"id":"1161529893","pubTimestamp":1613733842,"share":"https://www.laohu8.com/m/news/1161529893?lang=&edition=full","pubTime":"2021-02-19 19:24","market":"us","language":"en","title":"Goldman Sachs is joining the robo-investing party — should you?","url":"https://stock-news.laohu8.com/highlight/detail?id=1161529893","media":"Marketwatch","summary":"‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.Robo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.Now anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by so","content":"<blockquote>\n ‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n</blockquote>\n<p>Robo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.</p>\n<p>Now anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by some of Goldman Sachs’ wealthiest clients for a 0.35% annual advisory fee. But investing experts say there are more costs to consider before jumping on the robo-investing train.</p>\n<p>“Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.</p>\n<p>Although the 35 basis-point price tag is a “loss leader” to Goldman Sachs, he said companies typically make such offers in order to attract clients to cross-sell them banking products.</p>\n<p>“People forget that banks are ultimately in the business of making money,” he said.</p>\n<p>Goldman Sachs declined to comment.</p>\n<p>The company is among other major financial-services firms offering digital advisers, including Vanguard, Fidelity and Schwab SCHW, +1.03% and startups such as Betterment and Wealthfront.</p>\n<p>Fees for robo advisers can start at around 0.25%, and increase to 1% and above for traditional brokers. A survey of nearly 1,000 financial planners by Inside Information, a trade publication, found that the bigger the portfolio, the lower the percentage clients paid in fees.</p>\n<p>The median annual charge hovered at around 1% for portfolios of $1 million or less, and 0.5% for portfolios worth $5 million to $10 million.</p>\n<p>Robo advisers like those on offer from Goldman Sachs and Betterment differ from robo platforms like Robinhood. The former suggest portfolios focused on exchange-traded funds, while Robinhood allows users to invest in individual ETFs, stocks, options and even cryptocurrencies.</p>\n<p><b>Robo investing as a self-driving car</b></p>\n<p>Consumers have turned to robo-investing at unprecedented levels during the pandemic.</p>\n<p>The rate of new accounts opened jumped between 50% and 300% during the first quarter of 2020 compared to the fourth quarter of last year, according to a May report published by research and advisory firm Aite Group.</p>\n<p>So what is rob-investing? Think of it like a self-driving car.</p>\n<p>You put in your destination, buckle up in the backseat and your driver (robo adviser) will get there. You, the passenger, can’t easily slam the breaks if you fear your driver is leading you in the wrong direction. Nor can you put your foot on the gas pedal if you’re in a rush and want to get to your destination faster.</p>\n<p>Robo-investing platforms use advanced-trading algorithm software to design investment portfolios based on factors such as an individual’s appetite for risk-taking and desired short-term and long-term returns.</p>\n<p>There are over 200 platforms that provide these services charging typically no more than a 0.5% annual advisory fee, compared to the 1% annual fee human investment advisors charge.</p>\n<p>And rather than investing entirely on your own, which can become a second job and lead to emotional investment decisions, robo advisers handle buying and selling assets.</p>\n<p>Cynthia Loh, Schwab vice president of Digital Advice and Innovation, disagrees, and argues that robo investing doesn’t mean giving technology control of your money. Schwab, she said, has a team of investment experts who oversee investment strategy and keep watch during periods of market volatility, although some services have more input from humans than others.</p>\n<p>As she recently wrote on MarketWatch: “One common misconception about automated investing is that choosing a robo adviser essentially means handing control of your money over to robots. The truth is that robo solutions have a combination of automated and human components running things behind the scenes.”</p>\n<p><b>Robos appeal to inexperienced investors</b></p>\n<p>Robo investing tends to appeal to inexperienced investors or ones who don’t have the time or energy to manage their own portfolios. These investors can take comfort in the “set it and forget it approach to investing and overtime let the markets do their thing,” Barse said.</p>\n<p>That makes it much easier to stomach market volatility knowing that you don’t necessarily have to make spur-of-the-moment decisions to buy or sell assets, said Tiffany Lam-Balfour, an investing and retirement specialist at NerdWallet.</p>\n<p>“When you’re investing, you don’t want to keep looking at the market and going ‘Oh I need to get out of this,’” she said. “You want to leave it to the professionals to get you through it because they know what your time horizon is, and they’ll adjust your portfolio automatically for you.”</p>\n<p>That said, “you can’t just expect your investments will only go up. Even if you had the world’s best human financial adviser you can’t expect that.”</p>\n<p>Others disagree, and say robo advisers appeal to older investors. “Planning for and paying yourself in retirement is complex. There are many options out there to help investors through it, and robo investing is one of them,” Loh said.</p>\n<p>“Many thoughtful, long-term investors have discovered that they want a more modern, streamlined, and inexpensive way to invest, and robo investing fits the bill. They are happy to let technology handle the mundane activities that are harder and more time-consuming for investors to do themselves,” she added.</p>\n<p><b>There is often no door to knock on</b></p>\n<p>Your robo adviser only knows what you tell it. The simplistic questionnaire you’re required to fill out will on most robo-investing platforms will collect information on your annual income, desired age to retire and the level of risk you’re willing to take on.</p>\n<p>It won’t however know if you just had a child and would like to begin saving for their education down the road or if you recently lost your job.</p>\n<p>“The question then becomes to whom does that person go to for advice and does that platform offer that and if so, to what level of complexity?” said Barse.</p>\n<p>Not all platforms give individualized investment advice and the hybrid models that do offer advice from a human tend to charge higher annual fees.</p>\n<p>Additionally, a robo adviser won’t necessarily “manage your money with tax efficiency at front of mind,” said Roger Ma, a certified financial planner at Lifelaidout, a New York City-based financial advisory group.</p>\n<p>For instance, one common way investors offset the taxes they pay on long-term investments is by selling assets that have accrued losses. Traditional advisers often specialize in constructing portfolios that lead to the most tax-efficient outcomes, said Ma, who is the author of “Work Your Money, Not Your Life”.</p>\n<p>But with robo investing, the trades that are made for you are the same ones that are being made for a slew of other investors who may fall under a different tax-bracket than you.</p>\n<p>On top of that, while robo investing may feel like a simplistic way to get into investing, especially for beginners it can “overcomplicate investing,” Ma said.</p>\n<p>“If you are just looking to dip your toe in and you want to feel like you’re invested in a diversified portfolio, I wouldn’t say definitely don’t do a robo adviser,” he said.</p>\n<p>Don’t rule out investing through a target-date fund that selects a single fund to invest in and adjusts the position over time based on their investment goals, he added.</p>\n<p>But not everyone can tell the difference between robo advice and advice from a human being. In 2015, MarketWatch asked four prominent robo advisers and four of the traditional, flesh-and-blood variety to construct portfolios for a hypothetical 35-year-old investor with $40,000 to invest.</p>\n<p>The results were, perhaps, surprising for critics of robo advisers. The robots’ suggestions were “not massively different” from what the human advisers proposed, said Michael Kitces, Pinnacle Advisory Group’s research director, after reviewing the results.</p>\n<p></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs is joining the robo-investing party — should you?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs is joining the robo-investing party — should you?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 19:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n\nRobo investing has become ...</p>\n\n<a href=\"https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/goldman-sachs-is-joining-the-robo-investing-party-should-you-11613658128?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161529893","content_text":"‘Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\n\nRobo investing has become increasingly ubiquitous on practically every brokerage platform. Until Tuesday, Goldman Sachs GS, -0.91% restricted its robo-advisory service, Marcus, to people who had at least $10 million to invest.\nNow anyone with at least $1,000 to invest in can access the same trading algorithms that have been used by some of Goldman Sachs’ wealthiest clients for a 0.35% annual advisory fee. But investing experts say there are more costs to consider before jumping on the robo-investing train.\n“Much like in Vegas, the house generally wins,” said Vance Barse, a San Diego, California-based financial advisor who runs a company called Your Dedicated Fiduciary.\nAlthough the 35 basis-point price tag is a “loss leader” to Goldman Sachs, he said companies typically make such offers in order to attract clients to cross-sell them banking products.\n“People forget that banks are ultimately in the business of making money,” he said.\nGoldman Sachs declined to comment.\nThe company is among other major financial-services firms offering digital advisers, including Vanguard, Fidelity and Schwab SCHW, +1.03% and startups such as Betterment and Wealthfront.\nFees for robo advisers can start at around 0.25%, and increase to 1% and above for traditional brokers. A survey of nearly 1,000 financial planners by Inside Information, a trade publication, found that the bigger the portfolio, the lower the percentage clients paid in fees.\nThe median annual charge hovered at around 1% for portfolios of $1 million or less, and 0.5% for portfolios worth $5 million to $10 million.\nRobo advisers like those on offer from Goldman Sachs and Betterment differ from robo platforms like Robinhood. The former suggest portfolios focused on exchange-traded funds, while Robinhood allows users to invest in individual ETFs, stocks, options and even cryptocurrencies.\nRobo investing as a self-driving car\nConsumers have turned to robo-investing at unprecedented levels during the pandemic.\nThe rate of new accounts opened jumped between 50% and 300% during the first quarter of 2020 compared to the fourth quarter of last year, according to a May report published by research and advisory firm Aite Group.\nSo what is rob-investing? Think of it like a self-driving car.\nYou put in your destination, buckle up in the backseat and your driver (robo adviser) will get there. You, the passenger, can’t easily slam the breaks if you fear your driver is leading you in the wrong direction. Nor can you put your foot on the gas pedal if you’re in a rush and want to get to your destination faster.\nRobo-investing platforms use advanced-trading algorithm software to design investment portfolios based on factors such as an individual’s appetite for risk-taking and desired short-term and long-term returns.\nThere are over 200 platforms that provide these services charging typically no more than a 0.5% annual advisory fee, compared to the 1% annual fee human investment advisors charge.\nAnd rather than investing entirely on your own, which can become a second job and lead to emotional investment decisions, robo advisers handle buying and selling assets.\nCynthia Loh, Schwab vice president of Digital Advice and Innovation, disagrees, and argues that robo investing doesn’t mean giving technology control of your money. Schwab, she said, has a team of investment experts who oversee investment strategy and keep watch during periods of market volatility, although some services have more input from humans than others.\nAs she recently wrote on MarketWatch: “One common misconception about automated investing is that choosing a robo adviser essentially means handing control of your money over to robots. The truth is that robo solutions have a combination of automated and human components running things behind the scenes.”\nRobos appeal to inexperienced investors\nRobo investing tends to appeal to inexperienced investors or ones who don’t have the time or energy to manage their own portfolios. These investors can take comfort in the “set it and forget it approach to investing and overtime let the markets do their thing,” Barse said.\nThat makes it much easier to stomach market volatility knowing that you don’t necessarily have to make spur-of-the-moment decisions to buy or sell assets, said Tiffany Lam-Balfour, an investing and retirement specialist at NerdWallet.\n“When you’re investing, you don’t want to keep looking at the market and going ‘Oh I need to get out of this,’” she said. “You want to leave it to the professionals to get you through it because they know what your time horizon is, and they’ll adjust your portfolio automatically for you.”\nThat said, “you can’t just expect your investments will only go up. Even if you had the world’s best human financial adviser you can’t expect that.”\nOthers disagree, and say robo advisers appeal to older investors. “Planning for and paying yourself in retirement is complex. There are many options out there to help investors through it, and robo investing is one of them,” Loh said.\n“Many thoughtful, long-term investors have discovered that they want a more modern, streamlined, and inexpensive way to invest, and robo investing fits the bill. They are happy to let technology handle the mundane activities that are harder and more time-consuming for investors to do themselves,” she added.\nThere is often no door to knock on\nYour robo adviser only knows what you tell it. The simplistic questionnaire you’re required to fill out will on most robo-investing platforms will collect information on your annual income, desired age to retire and the level of risk you’re willing to take on.\nIt won’t however know if you just had a child and would like to begin saving for their education down the road or if you recently lost your job.\n“The question then becomes to whom does that person go to for advice and does that platform offer that and if so, to what level of complexity?” said Barse.\nNot all platforms give individualized investment advice and the hybrid models that do offer advice from a human tend to charge higher annual fees.\nAdditionally, a robo adviser won’t necessarily “manage your money with tax efficiency at front of mind,” said Roger Ma, a certified financial planner at Lifelaidout, a New York City-based financial advisory group.\nFor instance, one common way investors offset the taxes they pay on long-term investments is by selling assets that have accrued losses. Traditional advisers often specialize in constructing portfolios that lead to the most tax-efficient outcomes, said Ma, who is the author of “Work Your Money, Not Your Life”.\nBut with robo investing, the trades that are made for you are the same ones that are being made for a slew of other investors who may fall under a different tax-bracket than you.\nOn top of that, while robo investing may feel like a simplistic way to get into investing, especially for beginners it can “overcomplicate investing,” Ma said.\n“If you are just looking to dip your toe in and you want to feel like you’re invested in a diversified portfolio, I wouldn’t say definitely don’t do a robo adviser,” he said.\nDon’t rule out investing through a target-date fund that selects a single fund to invest in and adjusts the position over time based on their investment goals, he added.\nBut not everyone can tell the difference between robo advice and advice from a human being. In 2015, MarketWatch asked four prominent robo advisers and four of the traditional, flesh-and-blood variety to construct portfolios for a hypothetical 35-year-old investor with $40,000 to invest.\nThe results were, perhaps, surprising for critics of robo advisers. The robots’ suggestions were “not massively different” from what the human advisers proposed, said Michael Kitces, Pinnacle Advisory Group’s research director, after reviewing the results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}