• Home
  • About
  • Advertise
  • Contact
  • Policy
  • Guest Post
  • Archive

One Cent At A Time

A Personal finance blog to get rich

  • Email
  • Facebook
  • Pinterest
  • RSS
  • Twitter
  • Beautiful Life
  • Becoming Rich
  • Beginners Guide
  • Extra Income
  • Productivity
  • Saving Money

8 Ways Technology Has Changed Investing

March 30, 2016 2 Comments

Share this:

  • Tweet
  • Email

There can be no argument that much in the world has changed technologically in the last thirty to forty years. Virtually every machine we use these days has a computer inside it, and when it comes to personal computers, many people own more than one.  Conversely, about forty years ago,Microsoft was in its infancy, and personal computers were just beginning to be introduced to the consumer for purchase with only 64K of RAM, but a hefty price tag of three or four thousand dollars apiece.

You might be wondering what this has to do with investing. The answer is that with the advancements we have seen in technology, we have been forced to make changes in the way we invest. Here are 8 ways that technology has changed investing.

1 Physical Stocks Have Become Electronic

Gone are the days of old when securities were traded on actual stock certificates. Although this change took place around forty years ago, it was made possible through technological advances enabling the trades to be done electronically. This advancement also allowed more transactions to take place at a much faster rate.

2 Stock Day Trading Jobs Were Created

Along with technology changes, lower commission rates on stock trades due to the banning of fixed commissions has increased trading volumes and enabled many more transactions to take place. This resulted in the creation of day trading jobs.

3 More Americans Own Stocks

According to many internet sources, the number of Americans who own stock has also increased significantly over the last thirty to forty years. The continuing evolution of the computer as well as the internet, smart phones, and other technological advancements has enabled people to trade stocks overseas as well as within our own borders.

Buyer and sellers are brought together by technology in ways that were simply not possible before. Plus, the internet has spread knowledge of stocks and investing so more people are able to find out the answers to their questions and feel more comfortable to get started investing.

4 Stock Brokerage Firms are More Efficient

For brokers, one advantage of being able to do more in a faster period of time is an increase in their overall efficiency. What used to take hours on paper now takes mere minutes on a computer. Freeing up, this time, allows them to better manage your investments and handle a larger client base. Of course, a larger client base means a better bottom line for them.

5 Some Investors are Bypassing Stock Brokers

Consumers who invest are now only a mouse click away from making changes in their portfolios. Some are skipping brokerage firms altogether. This can have a negative impact on their bottom line when they make trading blunders due to their own inexperience.

6 Real Estate Agents Have Greater Access

The smartphone was introduced approximately nine years ago, allowing agents nearly instant access to changes in property portfolios. Agents who are attempting to find investment real estate for their clients have faster, more accurate information available. Properties which have been sold or are under negotiation can be updated easily via the internet, allowing agents and their clients to move on to others which are still available.

7 Clients Have Direct Access to Real Estate Properties

Properties can be viewed by prospective buyers via the internet. The client can then bypass real estate they have no interest in, which can save time for both the client and the agent. Having the ability to look up information online about potential real estate investments turns the client into a partner with their agent. Today’s customer teams up with their agent to find, view and make decisions about their potential investments properties.

However, there is a downside.  Clients sometimes come to count on the same access to their agent’s time. They text, tweet or call with the expectation of getting an immediate response and, furthermore, also anticipate being able to view the property at a moment’s notice.

8 Real Estate Advertising

The ability to update a property listing with just a few keystrokes is a definite advantage for the staff of a real estate office. Social media is a great way to advertise properties in addition to uploading photos and descriptions to a company website. This, in turn, can increase the amount of exposure a listing receives and get it sold faster. Faster sales potentially lead to more sales and increased revenue for the real estate agency as a whole.

It is true that the technological changes we have achieved in the past thirty to forty years are here to stay. Therefore, we must continue to change the way we use that technology to invest in our future. But no matter what changes are on the horizon, one thing is very clear. The power is now in the hands of the consumer.

About the Author: Kayla is a personal finance blogger in her mid-20s who loves to write about money topics of all kinds.

LIKE THIS POST?
I agree to have my personal information transfered to MailChimp ( more information )
Join our community of 8000+ subscribers to increase your net worth and build wealth
We hate spam. Your email address will not be sold or shared with anyone else.

Share this:

  • Tweet
  • Email
The tool that changed the way I manage my personal finance - Personal Capital, The Best Free Personal Finance Tool

Want to start a WordPress blog now? The onecentatatime.com blog is hosted by Siteground Web Hosting. For only $3.95 a month, Siteground can help you set up and host your website/blog quickly and easily.

About the Blogger Hi I am SB, a personal finance enthusiast with a career in software development. I am an immigrant to the USA since 2005, after being born and brought up in India. This 40 something technocrat lives and breathes personal finance whenever he gets time from the day job, job as a husband and a dad

Some links on this page may be affiliate links, if you make a purchase following the links, I may earn a commission. Read affiliate disclosure here
« Use These 3 Proven Tips Every Day to Become Successful
5 Ways To Add Extra Space To Your Home »

Comments

  1. Catherine Alford says

    March 30, 2016 at 7:04 PM

    Technology has changed tons of things and investing is definitely one of them.

    Reply
  2. garmin drivesmart 65 says

    July 5, 2021 at 11:16 AM

    It’s most likely a smart thought to have a fundamental comprehension of what GPS is, and how it works, in the event that you are keen on clandestine GPS vehicle tracking frameworks. Undercover GPS vehicle tracking is conceivable these days since innovation permits us to put a device the size of a cigarette pack in a vehicle and screen those vehicles developments distantly.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.



Create your own blog in 20 minutes and $20

Personal Capital, a free tool to change your financial health today

I use and suggest Upstart, for your personal loan need

CreditKarma, a free tool to check your credit scorey

I use Coinbase, for my crypto investments

101 Cents at a Time

101 Ways to Earn Extra Money on the Side
201 Frugal and Perfect Birthday Gifts
101 Ways to Save Money Everyday
101 Ways to be Better and Successful at Work
101 Ways to Save Environment and Energy
101 Frugal and Romantic Anniversary Ideas
101 Low-Cost Men's Fashion Ideas
101 Personal Finance Tips
101 Ways to Reuse Household Stuff
101 Things to Do, When Nothing to Do
101 College Graduation Gift Ideas
100 Tips for Ecommerce Startup
101 Ways to Enjoy Indoor During Winter
101 Ways to Beat Procrastination

Popular Posts

Quick Cash - How to make $100 legally, in a day
Living well on less than $15,000 a Year
Top survey sites for side income
What to do when auto repair goes wrong
Where should I invest my money now?
20 Ways to be productive and happy at work
51 Ways to get out of debt
Be a better person in 15 days, 15 ways
Income ideas for retirees and senior citizens
51 side jobs for college students
Urgently need a large amount of money?
Should I buy or should I rent?
Best Personal loan providers
25 Ways to save environment
25 DIY car repairs to save money
How to decorate office cubicle
How to show your wife you care
50 Financial Rules for Success
51 Frugal weekend family activity ideas
Become Rich By Saving 1 Hour Of Daily Wage
How much do I need to save for retirement?
How to negotiate your salary

Follow us on FaceBook

About Author

SB

Blogger by choice and IT manager by profession. Finance is my passion and gardening is my greatest satisfaction. Born in India, settled in US, Husband and a father. I created this blog in 2011 with a vision to help others. Thanks for your patronage. More info on my "about" page.

View all posts


Subscribe

Join our community of 5000+ subscribers to increase net worth and build wealth

Advertisements

Personal Stories

How I got a new HP computer replaced
Was COVID circulating in USA in fall of 2019?
How my credit score went up 800+
Why I didn’t invest in Bitcoins
How I controlled impulses to buy things
Why this blog is named One Cent at a Time

Subscribe via Email

Site Disclaimer

Disclosure of Material Connection: Some of the links in this web site are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”
Read full Affiliate disclosure


One Cent at a Time is published by SB. The opinions expressed herein by him are his own and not those of his employer or anyone else. All content on One Cent at a Time is for entertainment purposes only. By reading this blog, you agree that SB and/or One Cent at a Time is not responsible for any actions taken after reading this blog. For the full disclaimer, click here .

Major Media Mention

One Cent at a Time Media Appearances

Copyright © 2023 One Cent At A Time · Designed by Nuts and Bolts Media