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Top 5 FinTech Stocks for the Next Decade | Best FinTech Stocks | Top FinTech Stocks | Financial Tech

What’s up everyone!? Mr. Fired Up Wealth here. Today we are wrapping up our Top 25 stock picks with our 5th video, which will cover the top five FinTech (Financial Technology) stocks for the next decade. Fintech is important because it democratizes financial services, making it cheaper and more convenient for the average person to perform basic financial tasks. There is also growing evidence that fintech is at least partly responsible for the shrinking number of people who are unbanked or underbanked, defined as adults without access to basic financial services such as bank accounts and alternative means of payments beyond cash. The World Bank recently reported there are still 1.7 billion unbanked adults across the globe, which is a large number for sure, but far less than the 2.7 billion unbanked population back in 2011.  
There are many benefits to financial inclusion. The World Bank cited studies from around the world in its 2017 Global Findex Database that showed that people who had access to bank accounts could save more, invest in their own businesses or farms, and spend more on things such as education and more nutritious food. FinTech is disruptive, and convenient, and it’s a huge secular growth trend that you need to be a part of.

If you want to outperform the stock market, you need to focus on secular growth trends and the companies growing within these trends. Outperformance will allow you reinvest your gains into DGI (dividend growth) stocks to accelerate your early retirement.

If you are following the F.I.R.E.D. Up Wealth movement (FIRED UP), this is the next step...Phase II, after you have done your homework and educated yourself on the stock market…now it's time for individual stock picks that will help you outperform the market!

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The information provided is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.

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Видео Top 5 FinTech Stocks for the Next Decade | Best FinTech Stocks | Top FinTech Stocks | Financial Tech канала Mr. FIRED Up Wealth
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28 июля 2019 г. 23:15:05
00:14:30
Яндекс.Метрика