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Ameriprise Financial and Fidelity Investments tied for the top spot in the 2018 Temkin Trust Ratings, released Tuesday. Ameriprise and Fidelity were named the most trustworthy out of 13 companies in the investing space, which also included Vanguard, Morgan Stanley Smith Barney, Merrill Lynch, TD Ameritrade, Charles Schwab, Wells Fargo Advisors among others. ...
Millennials Love ETFs
Nearly all millennials consider ETFs their investment vehicle of choice, and even more find ETFs to be a necessary part of their investment portfolio, according to the 2018 ETF Investor Study by Charles Schwab. The study found 91 percent of millennials consider ETFs to be the investment vehicle of their choice, and 96 percent of millennial investors said ETFs are a necessary part of their portfolio. ...
South Korean Hack Worsens Crypto Woes
An exchange hack in South Korea is being blamed by some observers for the latest big selloff in cryptocurrencies, which has now eviscerated about $42 billion in market value since Friday's close. The latest hack, of a cryptocurrency venue called Coinrail, was much smaller than the $500 million theft from Coincheck Inc., a Japanese exchange, in January but it still triggered a selloff. ... |
