Millennials are consistently seen as reluctant investors. Some are a decade into their career, but they’re still relatively risk-averse, which many analysts believe is largely the result of the fact they grew up or came into adulthood in the midst of the Great Recession. Millennials have seen one of the worst financial environments in history, which has understandably made them gun-shy when it comes to investing, particularly in the stock market.
To combat that sense of hesitation, fintech companies have been creating platforms and technology that speak specifically to Millennials, and many of these companies have been quite successful in the process. Moreover, thanks to the diverse types of stocks and shares out there, Millennials from all over the world can now invest in anything from cryptocurrencies to pharmaceuticals - with this in mind, if you would like to learn more about how German traders for example can in cannabis investieren (invest in cannabis) you can find a wide range of helpful resources on the Kryptoszene website.
One of the biggest fintech trends leading the way not just for Millennials but investors in a range of age brackets is robo-investing. The premise behind robo-investing is one that Millennials tend to embrace because it’s seen as easy, inexpensive, and it gives the ability to create a set-it-and-forget strategy that requires minimal effort.
Robo-investing is also a viable alternative to the old way of doing things, which was to work with a financial advisor. Financial advisors, however, have been lumped in with many others in the financial services industry, such as bankers and lenders, and they’re not necessarily viewed in the most positive light by Millennials. Robo-investing platforms like Betterment give them the opportunity to skip the financial advisor, while still getting similar advantages, such as diversification and tax efficiency.
In the past, most investors would use services such as YAHOO! Finance to do their research and to track stocks, but there has been a new wave of trading software popping up that’s more comprehensive than ever before. Options such as Stocks to Trade, which was introduced by Millennial investment professional Timothy Sykes, is designed not just for the Wall Street elite, but is instead for real people. One such option is to buy palantir shares.
These trading software platforms include some of the most varied data points available, and they give users the opportunity to see everything they could need or want to know about all of the big markets in one location.
Budgeting and Spending
When looking for strategies to invest, it’s just important to decide how you’ll allocate your assets. It’s also important to look at your investment capabilities versus your income and spending needs. That’s why budgeting apps and banking services are also an essential component of many Millennials financial and investment strategies.
Just one of the many examples is called Simple, which is essentially branchless banking where everything can be done on a mobile phone.
This helps investors and would-be investors because it has features to create specific, personalized goals, such as putting aside a certain amount of money each week to invest. It also includes a feature called “Safe-to-Spend” which lets users see how much they can spontaneously spend without sabotaging their budget and existing goals.
Finally, another big way fintech is changing the investing landscape not just for Millennials but for everyone? Peer-to-peer lending.
Peer-to-peer lending offers the opportunity for people to bypass the traditional bank environment for personal and business loans, and it gives investors the chance to look outside the stock market for investing opportunities. There is a high level of risk, particularly when it comes to investing in certain borrowers, but Millennials seem to like the concept because the potential returns are much higher than they would be with something like a high-yield savings account, and as long as funds are spread out over many loans, the level risk isn’t incredibly high.
Fintech is changing the way Millennials invest and shifting how they view the concept itself, creating not just new opportunities for investors, but new possibilities in technology as well.
When someone slips and falls on your property, the law usually goes by “premises liability.” However, in cases involving trespassing, things can quickly get complex. Although it’s rare that a trespasser who gets hurt on another’s property can recover for their injuries, there are exceptions. If you are a property owner, knowing what those exceptions are is imperative so that you don’t leave yourself vulnerable.
The general rule is that if someone is on your property and they do not have permission to be there, then you hold no responsibility if they are hurt. The exceptions are:
- If you have acted either aggressively or violently toward them and those actions end in their injury.
- If you have been egregiously negligent and expected that trespassers might enter your property, and have done nothing to make sure that conditions are safe. An example would be if you knew that there was a serious hazard on a property you owned and that someone could easily gain access, but you didn’t put up signs to warn anyone who came onto your property. Not alerting people that your property is highly dangerous means that you could be found liable for their injuries.
If you are chasing an intruder from your property, that does not make you liable for any injuries they sustain. Also, if you use a “reasonable” amount of force to get them off your property, then you likewise won’t be found liable for any injuries. If you use deadly force, however, or you use the threat of bodily harm, then that might be grounds for liability.
Special cases - like undocumented immigrants who trespass and are injured
In states like Texas where there is a large undocumented immigration population, trespassing is very common. In 2014, the Texas Supreme Court ruled in favor of property owners when it came to liability when their properties were trespassed on by immigrants who got hurt. The specific case involved three undocumented immigrants who were trying to escape border control; they trespassed onto someone’s property and were killed.
The court ruled that the property owner was not liable for the trespassers’ deaths if the deaths were self-inflicted. Also, since the trespassers were engaging in illegal activities at the time, they forfeited their rights. Committing criminal acts, like smuggling drugs, meant that they gave up any rights they had, and the property owner could not be held liable for their deaths.
Do you need to put up a no-trespassing sign?
If you own property where hazards may or may not exist it is always a good idea to post a no- trespassing sign to warn individuals that they can be hurt if they come onto your property. That way people understand that it is private property and that if they pass over the boundaries, they are trespassing onto your private land. In some instances, you can protect yourself from premises liability simply because you gave written or verbal warning not to be on your property.
If you don’t have a fence around your property, then it’s a good idea to post signs to set boundaries. If it is a normal traveling route, then marking it, either through posting signs or putting marking on trees, will indicate to those who are crossing over onto private property that they do not have consent and are trespassing. If you have any specific hazards on the property then, yes, it is always a good idea to put up warning signs to protect yourself and to limit your liability.
If someone is injured while on your property, your liability will be determined by the specifics related to their injuries. One factor that will greatly affect if you are liable for a person’s slip and fall injury is whether or not you gave consent for them to be on your property.
Even if they were trespassing and didn’t have your permission, there is still a chance that you might be held liable for their injuries, which is why you want to have a slip and fall lawyers in your corner to ensure that you know what your rights and responsibilities are as a property owner.