Investing 2.0: Transparent and Crowdsourced |
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| Event | Interactive 2011 |
| Format | Panel |
| Organizer | Scott Sanborn – Lending Club Corp |
| Description | Deterred by the financial crisis, investors have lost faith in the existing systems, tools and the so-called "financial experts". A wave of innovations has arrived to enable the average Joes to keep their money working for them, not the other way around. Even with the markets in turmoil, there’s no need to keep your cash under the mattress. These new DIY, Web 2.0, social investing platforms are making investing transparent, while helping newbies and savvy investors alike get better returns. Investing 2.0 is characterized by many things such as leveraging the wisdom of the crowd instead of paying financial advisors who take a cut of the money; interaction between investors who want to learn from one another, transparency that allows investors to see exactly where their money is going and adjust portfolios in real time; better returns by cutting out the middle man; real time data feeds that share market information previously only available to professional investors; and automation tools that keep your portfolio on track and let you emulate the strategies of the most successful investors on a platform. Imagine, lifting the fog of confusion surrounding investing and knowing exactly where your money is going. Find out about the array of innovations available in investing today. |
| Questions Answered |
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| Level | Intermediate |
| Category | New Technology / Next Generation |
| Tags | innovation, investing, Web 2.0 |