Future of Investing
Advice from the Dragons: How technology can save you time and money when investing.
There’s no denying that technology has drastically changed the investment landscape. Michele Romanow and Bruce Croxon from CBC’s Dragons’
Den share their views about tech’s role in the world of investing.
Mediaplanet How can technology be leveraged when it comes to investing online?
Bruce Croxon We live in world of continuous data generation and capture. All the information that professionals have access to is increasingly available to the average investor. Going directly can save time, cost, and can be a better experience for those who prefer less human interaction.
Michele Romanow Technology has totally changed investing online. Now it’s so much easier and can be done with a fraction of the traditional fees through platforms.
MP What are some benefits to investing online?
MR Investing online allows you to invest seamlessly with access to real-time data to make fast decisions.
MP Is trading through an online broker a good avenue for new investors, experienced investors, or both?
BC It’s a good avenue for anyone that knows what they want to execute on.
MR Your best investments are the ones you know. I have a lot of experience in startups, and less in institutional investing, so I keep my startup portfolio — the high-risk part — and buy index funds.