You are to assume the role of a financial advisor. A friend is considering automated trading platforms and has asked you for more information.
Your friend has never invested and has heard that it is extremely simple to invest online without using a live financial advisor. Your friend has asked for your help in learning. Your friend wants to know:
- Examples of common financial technologies used for investing including automated trading platforms
- How the development of financial technology has made it easier for people of all income and education levels to participate in financial markets
- The advantages and disadvantages of robo-advising and other investment-related financial technologies