What is one way technology has changed your life? You probably have a difficult time thinking of just one thing. Technology and the internet have impacted how people watch movies, communicate, and listen to music. They also have had a positive impact on investing.
Investors now are more knowledgeable and confident about investment options and the process from prior years. They are more tech savvy and well informed. The internet has given people the ability to research products and services, compare prices, and share investment information. Review the tabs below to learn more about the positives of technology and investing:
The biggest advantage technology has had in investing is the accessibility of online brokers, resulting in lower fees for investors. In the past, using full-service brokers was the only way to invest; and it would take them hours to invest on paper, resulting in higher fees.
An investor can now find multiple sources of information about a company online. Companies maintain investor relations pages on their websites where company reports can be obtained. In the past, an investor would have to call a company and ask for a financial report to be sent by mail, which could take a long time.
Investors now have more convenient methods for investment transactions. They can conduct business with brokers online or through an app, which is more efficient and provides a better experience.
Question
What would be a good source of company information to help you determine if you should invest in a company?
Companies have investor relations pages where you can get detailed information about their history and stock performance.
