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Ep. 173. Investing’s Future – a Platform for Your Future Wealth?
So what is an investment platform? According to our panel it’s much like a supermarket- you go in and buy lots of things, however you’re also doing all the cooking! We discuss how robo advisors can disrupt investment platforms, by scaling the ‘do it for you’ investment model through technology, and how this interesting supermarket analogy gets altered due to it.
We then move on to Millennial wealth and investment, exploring how newer generations don’t have the benefit of buying property and seeing prices skyrocket, whilst also being saddled with debt as they begin their working lives. But how does a generation that has grown up with social media, a generation that is exposed to instant gratification so often- grow to understand the non-immediacy of investment? Or is this the responsibility of investment platforms- does this area need to be more accessible? Mitigating the jargon and bridging that financial literacy gap is imperative, but could governments rather than financial isntitutions be the answer in educating?
Please note, we do not produce Fintech Insider, we merely are fans and repost it!
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