This insert describes the development of mobile investing platforms that allow consumers to buy and sell stock from devices like iPhones. Investing this way is convenient, and it is growing rapidly, but still constitutes only a small proportion of all trades.

1. Have you ever bought or sold securities using the mobile investing platform? Are you open to this approach? Explain your response.

2. Consider the following statement: Mobile investing is dangerous. People need to carefully analyze investment data and not make quick on-the-go decisions. This approach may cause inexperienced investors to feel a false sense of security and will lead to more foolish impulse investments. Do you agree with the statement? Defend your answer.