Conservative investing describes a strategy that avoids risky investments. Blue chip stocks and other established investments are considered conservative.
The post Conservative Investing Explained appeared first on SoFi.
What is cost basis? Cost basis is the purchase price or original value of an asset or investment. Itâs used to calculate capital gains and losses for tax filings.
The post What Is Cost Basis? appeared first on SoFi.
Robo investing can be a simple, low-cost way to start investing. Hereâs a look at how robo investing could work for you.
The post How Do Robo Advisors Work? appeared first on SoFi.
When it comes to figuring out when to buy a stock, there are two main schools of thought: fundamental analysis and technical analysis. Fundamental analysis involves all the material aspects of a company: its sales, revenue, profits, and so on â the day-to-day details of operations. Technical analysis, on the other hand, involves only looking […]
The post 5 Bullish Indicators for a Stock appeared first on SoFi.
Money market accounts can offer higher interest rates than a traditional checking account but may come with high minimum balances and fees.
The post What Is a Money Market Account and How Does it Work? appeared first on SoFi.
Asian options (also known as average strike options or average options) are a type of exotic option that is priced according to the average price of the underlying commodity, as opposed to the spot price. Read on for how theyâre priced, how they work, pros and cons, and more. What Is an Asian Option? Asian […]
The post What Are Asian Options and How Are They Priced? appeared first on SoFi.
John Grogan to retire after 31 distinguished years of service, Kamilah Williams-Kemp to succeed as Chief Insurance Officer effective July 1, 2023 MILWAUKEE, March 22, 2023 /PRNewswire/ — Northwestern Mutual Chairman, President and CEO John Schlifske today announced senior leadership changes that position the company for long-term success by providing growth and development opportunities for … [Read more…]
Retirement savers age 50 and older get to put extra tax-advantaged money into their 401(k) accounts beyond the standard annual contribution limits. Those additional savings are known as âcatch-up contributions.â If you have a 401(k) at work, taking advantage of catch-up contributions is key to making the most of your plan, especially as retirement approaches. […]
The post 401(k) Catch-Up Contributions: What Are They & How Do They Work? appeared first on SoFi.
Tech IPOs involve a technology company going public, and making its stock available for purchase on the open market by any interested investor. Given the tech sectorâs incredible growth over the past couple of decades, tech IPOs tend to garner a lot of attention from investors, who may feel that theyâre investing in the next […]
The post A Guide to Tech IPOs appeared first on SoFi.
Aave is a cryptocurrency platform that gives users and participants the ability to borrow and lend crypto without a middleman. In effect, itâs a sort of lending system in the crypto space that letâs users lend and borrow, and earn interest as a result. The platform also has its own crypto tokens, and is a […]
The post Guide to Aave Crypto appeared first on SoFi.