How Fintech Engineered Automatic Transmissions For Investors

Most Millennials and Gen Z babies won’t remember the trial and error that was learning how to “drive stick.” Shift forward, backward, throw her into second, and something about riding the clutch. Good fortune and advancements in technology have made these fossil phrases unlikely to grace the vocabularies of student drivers today.

Most Millennials and Gen Z babies won’t remember the trial and error that was learning how to “drive stick.” Shift forward, backward, throw her into second, and something about riding the clutch. Good fortune and advancements in technology have made these fossil phrases unlikely to grace the vocabularies of student drivers today.  

Automatic cars practically eliminated this learning curve for younger generations getting behind the wheel. Today, there is no definitive reason for new students to learn how to drive manual cars.

Investing has undergone a similar revolution. The days of hands-on, manual investing are over for those with a desire to get from point A to point B with less headaches.

Fintech has successfully created the automatic transmission of investing.

Making trades was dicey for new retail investors navigating the stock market like teenagers driving stick on the highway for the first time. Fintech companies like Olive are building accessible vehicles for financial navigation and engineering digital vessels that make achieving financial success an attainable goal.

16 year olds are given driving permits and eventually earn a driver’s license. Similarly, young adults that turn 18 are legally allowed to open up brokerage accounts and make investments. It’s an undeniable parallel that learning how to drive and invest have become necessary to function in contemporary society.

Today, 89% of Americans have a driver’s license. 56% of U.S adults own stocks. The latter percentage is likely to increase as investing becomes more accessible, mainstream, and essential for younger Americans to plan for stable financial futures.

Gallup reports that on average, American families own $40,000 worth of stocks. From 2001 to 2008, stock ownership was at an average of 62%. The Great Recession swayed and scared individual investors away from the markets, but that has slowly recovered over the past decade, especially in 2020.

Investors don’t need to be experts anymore to make money.

Investing is rapidly becoming a necessity. Years ago, retail investors faced roadblocks like a lack of experience, little financial knowledge, and limited access to valuable information. Today, Fintech companies have given individual investors the power to invest successfully with enough information, not an overabundance of it.

The rapid rise in retail investors between 2020 and 2021 is significant. App downloads for low-cost trading platforms like Robinhood surged during the initial months of Covid lockdowns. This retail trading frenzy tested the influence of social media, remote work, and hobby investing over the markets. Hence the mania surrounding GameStop’s stock and viral phrases on social media like “to the moon!” JMP Securities reported 600,000 Robinhood app downloads during the GameStop surge in January of 2020.

Olive goes a step further by equipping users with the right tools to make better investments, giving you the liberty to take on financial risks without losing your shirt. Olive users do not need to be financial experts to make money using the groundbreaking platform. Discover why.

Currently, retail investors make up 10% of daily stock trading. In 2021, over 10 million new brokerage accounts were opened. This trend is unlikely to slow down as more platforms enter the market and individual investing becomes necessary for younger generations. Access has never been more readily available and the need to improve individual investing has never been greater.

Fintech eliminates the possibility of manually stalling out.

Fintech has succeeded in simplifying the investment process by cutting out the nonsense and rigmarole so everyone has a clear shot. Like older trading platforms, standard transmissions once presented a number of challenges for new drivers.

There is a universal desire to invest today. Right now, Robinhood has over 22 million registered accounts. 2021 was an electric year for Charles Schwab, acquiring 5 million new accounts within the first half, and TD Ameritrade currently holds 11 million client accounts with a total of $1 trillion in assets.

Olive works with existing brokerages to eliminate the steep learning curve associated with investing in options. Traditionally, the manual process of trading options was filled with “greeks” and chains. Greeks refer to a way of measuring the sensitivity of an option’s price using variables like delta, gamma, vega, and theta. These quantifiable factors traditionally helped investors understand their levels of risk and reward on any given trade. Olive eradicates the need for users to learn these terms and can jump into the driver’s seat anytime with outcome investing.

Olive is the first platform to successfully bring the power of outcome investing to retail investors. Today, anyone can drive an automatic car and anyone can capitalize on options using Olive. Discover how.

Olive gives retail investors control over the road.

Before Olive, retail investors had to resign themselves to a default speed of 100mph and couldn’t control it. The moment they put their foot down on the gas (i.e. buy a stock) they were locked in like an amusement park ride. Now investors can determine whether they want to drive at 60mph or 90mph depending on their comfort level. Olive integrates this ability by offering users the power to give up some upside in exchange for downside protection so retail investors can control their individual margins of safety.

In conclusion…

Fintech companies like Olive are evolving the financial industry just like the auto industry has evolved the way we drive. Retail investors can expect that investing will continue to become an integral part of their daily lives and general set of responsibilities in the same way that driving is.

Today, it is crucial for individuals to take control of their financial futures. It is up to you to make the necessary preparations and take control over your wealth. A strong sense of self-reliance is the key to ensuring a stable financial future, and new investing tools like Olive are making this power accessible to everyone. Take control today.

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