Do you think online trading platforms have helped investors make money? Does it help to have access to your 401k or brokerage statement all the time? How does this compare to when people in the 1940's, 50's and maybe into the early 60's would keep stocks they bought in a safe deposit box in the bank and maybe hold those stocks for 40 years or pass them down to the next generation?
Also, has the effects of inflation over the long term eroded the ability of people to invest for the long term - I mean has inflation eroded peoples purchasing power and they now need most all their money just to live? If so (or maybe not) how can 2% inflation built into the economy be good over time?© BrainMass Inc. brainmass.com June 4, 2020, 12:39 am ad1c9bdddf
My guidance on this question will highly be based in my personal experience and what I have observed within the trade.
Do you think online trading platforms have helped investors make money?
- Yes, I do believe online trading platforms have helped investors make money. This is because they no longer need to rely on brokers to execute trades on their behalf, but the investors now have the opportunity to drive their own investments.
Does it help to have access to your 401k or brokerage statement all the time?
- In today's times, I believe that it helps to have access to your 401k or brokerage statement all the time. The markets have become extremely dynamic. With ...
The effectiveness of one-line trading platforms are examined. The expert determines what effects the inflation on long term investing.