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How Big Data is Changing the World of Investing

Smart Data Collective

Last year, in an article that talked about the impact big data has on finance, we said that location data sets can make investing easier. Today, we are going to look at the potential influence big data has on personal finance in detail. For instance, some platforms allow investors to place profit and loss limits on their positions.

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AI Tools Make Short-Selling Possible with Algorithmic Trading

Smart Data Collective

You can make a lot of profit from short-selling and, on the other hand, a lot of losses. In contrast, the amount of losses you can incur is unlimited because the price of an asset can climb to infinity. AI technology has undoubtedly changed the future of finance. In fact, you’re more likely to lose than gain, so be careful.

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3 Essential Tips to Protect Your Business Data from a Data Breach

Smart Data Collective

Running a business is more than just making sales and calculating finances. This may also be more secure than simply having the data stored on workplace computers as, with the loss of the computer, you may also lose that data. As a business owner, you can’t afford to overlook the importance of a sound data security strategy.

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How Big Data Can Be Used To Improve Contract For Differences

Smart Data Collective

Big data has led to a number of changes in the world of finance. Contract For Differences (CFD) is a way to start investing without the need for huge amounts of capital. It can make the difference between a return and a loss. Global companies are expected to spend over $11 billion on financial analytics services by 2026.

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8 Tips to Get More Out of Your Investments

Smart Data Collective

Given enough time and some intelligently chosen assets, even a modest initial amount of capital can blossom into a rewarding source of wealth. When you’re not as anxious about your finances, your quality of life is more likely to be better. Most people recognize the appeal of investing. How can you get more out of your investments?

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New “2022 Wealth & Wellness Index” Shows Many Americans Less Confident in Their Finances and the Economy Entering Third Year of the Pandemic

Wink Intel

According to a new annual 2022 Wealth & Wellness Index released today from retirement services provider Empower Retirement and affiliate hybrid wealth manager Personal Capital , only 34% of American consumers surveyed say they are “very financially healthy,” a 14% drop versus when asked in March of 2021 (48%). Murphy III.

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7 Ways Small Businesses Use Data Analytics for Expense Tracking

Smart Data Collective

After all, without sufficient capital, one will need to leverage big data and artificial intelligence to outshine competitors. In addition to being strenuous, it results in a loss of productivity and efficiency. There are a lot of budgeting tools that use big data to separate your finances. Be Smart about Debt!

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