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Brokerage Apps Seeing a Surge of New Investors Amid COVID-19 Crisis

With unemployment now nearing 15% and economic uncertainty abounding, it might not seem like the best time for Millennials and younger adults to start their first-time investing journeys. Alas it seems that that's exactly what many of them are doing. As Axios reports, there are several signs showing that young...

Survey Reveals What Consumers Look for in a "Go-To" Small Business 2

With some cities and states beginning to ease restrictions on non-essential businesses, service providers are now hoping that their regulars will soon return. Of course, this begs the question: how do consumers decide which small businesses should become their "go-tos" in the first place? That's what a recent survey by...

Charles Schwab Announces Fractional Shares Platform "Stock Slices"

Last fall, Charles Schwab shook up the brokerage world by announcing that it would be eliminating its trade commission fees. While this model had previously been tried by FinTech startups such as Robinhood, it was a big deal for a traditional discount brokerage to adopt it. Within a week of...

Money at 30: Savology Review 3

For many Americans, the past few weeks have brought some major financial changes. While some are just trying to stay afloat, others are already looking ahead and searching for ways that they can be more prepared the next time around. For this latter group, a tool that could help them...

Galileo Announces Partnership with Mexican FinTech Klar

With all that's going on in the world right now, international expansion might not seem like the most likely move for most companies. Yet that's what's happening with Utah-based Galileo Financial Technologies. Last week the FinTech announced a new strategic partnership with the Mexico City-based Klar. Klar is a challenger...

Is Bestow Term Life Insurance Right For You? 3

Americans seem to have a love-hate relationship with insurance. While many love the benefits that come with being covered by health insurance, car insurance, renters insurance, etc., seeking out a policy isn’t always top of mind. Furthermore, when it comes to certain types of insurance such as life insurance, many...

62% of Americans Say the Current Crisis Has Hurt Their Finances

It's no secret that the COVID-19 pandemic is taking a toll on the financial security of many Americans. Now a new survey by Quicken shows just how far-reaching and diverse those impacts have been. First, 62% of people have seen the current crisis either "severely" or "somewhat" negatively affected their...

Top 10 Personal Finance Articles of the Month — April 2020 4

It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. Given the lasting impacts of the COVID-19 situation, we'll start by looking at the realities of money in 2020. Then we'll explore a few paths...