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3 Ways You Can Make Some Green from Legal Marijuana

March 30, 2023 by Brett Tams

Now that weed is legal in some form in half the country, find out how you can earn a living in the growing cannabis industry.

Posted in: Investing, Making Money, Mortgage Tips Tagged: 2, 2016, 2021, active, Apps, big, business, cannabis industry, clear, columbia, company, country, Extra Money, facebook, Features, Financial Services, Financial Wize, FinancialWize, friendly, good, Google News, government, green, id, industry, Invest, Investing, investment, job, jobs, Jobs & Work, jobs in marijuana industry, jobs in pot industry, jump, Legal, legal cannabis, list, Living, Make, Make Money, Making Money, marijuana, marijuana legalization, market, money, More, needs, new, News, opportunity, or, Other, percent, pie, products, projects, reach, Research, risk, sales, SEC, selling, Servicing, single, skill, social, startups, states, Technology, traditional, united, united states, will, workers, working

What Is The SIPC and How Does it Protect Your Investments?

March 29, 2023 by Brett Tams

As a financial planner, I get a lot of concerned questions from my clients regarding their investments. One recently asked me: What exactly happens if the brokerage firm I’m custodied with goes out of business? This is a great question because many people don’t know their investments have protection in the first place, or they’re […]

The post What Is The SIPC and How Does it Protect Your Investments? appeared first on Good Financial Cents®.

Posted in: Money Basics Tagged: 2, 2023, actual, All, annuity, assets, at risk, Bank, banks, before, big, bonds, Books, Broker, brokerage, brokerage firms, brokerages, brokers, business, commission, Compensation, contracts, couple, court, Credit, Credit unions, creditors, currency, Debt, deposit, Deposits, double, electric, event, faq, FDIC, FDIC insurance, Federal Deposit Insurance Corporation, Financial Wize, FinancialWize, fixed, fixed annuity, fraud, fund, funds, futures, General, goal, good, government, great, hold, How To, id, Insurance, insurance plans, Invest, Investing, investment, investments, Investor, investors, job, Learn, lending, loan, Loans, Make, market, markets, Media, money, More, mutual funds, offers, or, Other, payments, place, planner, plans, policies, present, protect, protection, Purchase, questions, return, returns, Review, risk, safe, savings, search, SEC, securities, securities investor protection corporation, shares, single, SIPC, stocks, time, timing, title, Transaction, trustee, under, value, Video, Websites, will, work, youtube

Conservative Investing Explained

March 27, 2023 by Brett Tams

Man looking at charts on tablet

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.

Posted in: Financial Advisor, Growing Wealth, Investing Tagged: 2, active, active investing, Administration, advice, advisor, All, analysis, assets, Bank, basic, Benefits, bills, blue, blue chip stocks, bond, bonds, Broker, brokerage, build, building, business, Buying, calculator, Career, certificates of deposit, charts, chase, clear, Compound, Compound Interest, cryptocurrency, Debt, decades, decision, decisions, deposit, display, diversification, dividend, dividend stocks, DIY, earning, education, Federal Reserve, Finance, finances, Financial advice, Financial Advisor, financial goal, Financial Goals, financial tips, Financial Wize, FinancialWize, FINRA, fixed, fixed income, formula, Free, funds, future, General, get started, goal, goals, government, Grow, Growing Wealth, growth, healthcare, home, HR, Income, Inflation, interest, interest rate, interest rates, Invest, Investing, investing strategies, investment, investment portfolio, investment risk, investment strategies, investments, Investor, investors, journey, Learn, Legal, lending, Links, LLC, loan, Loans, low, LOWER, Make, man, market, markets, money, money market, money market accounts, More, Mortgage, natural, needs, offer, or, Other, party, past performance, Personal, Planning, Popular, portfolio, portfolios, products, protect, protection, rate, Rates, retirement, retirement savings, returns, reward, risk, rules of thumb, Saving, savings, Savings Accounts, SEC, second, second home, securities, security, shares, short, Side, social, social security, social security benefits, sofi, stable, stock, stock market, stocks, Strategies, student, Student Loans, Style, target, Terminology, The Stock Market, time, time horizon, tips, trading, Treasury, treasury bills, Treasury bonds, trusts, utilities, volatility, wealth, Websites, will

What Is Cost Basis?

March 26, 2023 by Brett Tams

Colored Plastic Construction Block Pattern On A Pink Background.

What is cost basis? Cost basis is the purchase price or original value of an asset or investment. It’s used to calculate capital gains and losses for tax filings.

The post What Is Cost Basis? appeared first on SoFi.

Posted in: Financial Advisor, Growing Wealth, Investing Tagged: 2, ACH, action, active, active investing, advice, advisor, All, app, assets, average, Bank, bankruptcy, before, Broker, brokerage, brokerage firms, build, building, business, Buy, Buying, Capital Gains, capital gains tax, capital gains taxes, clear, commission, commissions, company, construction, Convenience, cost, cryptocurrency, decision, decisions, display, dividend, dividends, Fees, filing taxes, Finance, Financial advice, Financial Goals, financial tips, Financial Wize, FinancialWize, FINRA, future, General, goals, Growing Wealth, How To, HR, Income, inherited, Invest, Investing, investment, investments, Investor, investors, irs, Learn, Legal, lending, LLC, loan, low, LOWER, Make, money, More, needs, new, offer, offers, one year, Operations, or, Original, Other, past performance, payments, Personal, pink, place, Planning, portfolio, price, Prices, products, Purchase, questions, rate, reach, return, risk, sales, SEC, securities, Sell, selling, shares, social, sofi, states, stock, stocks, Strategies, Style, suite, tax, taxes, Terminology, time, timing, tips, tools, trading, united, united states, value, wants, wealth, will

How Do Robo Advisors Work?

March 26, 2023 by Brett Tams

overhead of laptop

Robo investing can be a simple, low-cost way to start investing. Here’s a look at how robo investing could work for you.

The post How Do Robo Advisors Work? appeared first on SoFi.

Posted in: Financial Advisor, Growing Wealth, Investing Tagged: 2, 2023, active, active investing, actual, advice, advisor, All, Amount Of Money, ask, assets, Automate, average, balance, Bank, basic, Behavior, Benefits, blue, bonds, Broker, brokerage, build, Built, business, Buy, Buying, Capital Gains, choice, Choices, clear, College, College Savings, color, commissions, commodities, company, Convenience, cost, couple, cryptocurrency, customer service, data, decades, decision, decisions, Deposits, display, diversification, divorce, double, efficient, Emergency, Emergency Fund, Emotions, employer, entry, ETFs, event, exchange traded funds, expenses, expensive, experience, Federal Reserve, Fees, Finance, Financial advice, Financial Advisor, Financial Goals, financial habits, financial independence, Financial Services, Financial Wize, FinancialWize, FINRA, fixed, Fraction, front, fund, funds, future, General, get started, Giving, goal, goals, good, Grow, Growing Wealth, growth, habits, harvest, history, hold, How To, HR, index, index fund, index funds, interest, Invest, Investing, InvestLL, investment, investment advice, investment portfolio, investment returns, investment risk, investments, Investor, investors, InvestUn, InvestZ, IRA, IRAs, Learn, Legal, lending, Life, Life Events, Live, LLC, loan, low, LOWER, Main, Make, Make Money, manage, market, money, More, mutual funds, needs, new, offer, offers, or, Original, Other, past performance, plan, plans, poor, portfolio, portfolios, price, products, Professionals, protect, questions, reach, ready, rebalancing, Research, restaurant, retirement, retirement account, retirement accounts, retirement savings, RETUPD, return, returns, right, risk, robo-advisor, robo-advisors, roth, Roth IRA, Roth IRAs, sales, Saving, saving for college, Saving for Retirement, saving for the future, savings, SEC, securities, Sell, shares, simple, social, sofi, stock, stock market, stocks, story, Style, target, tax, Tax Advantages, taxable, Technology, Terminology, The Stock Market, time, time horizon, timing, tools, trading, traditional, under, unique, value, versus, volatility, wealth, will, withdrawal, work, working

5 Bullish Indicators for a Stock

March 25, 2023 by Brett Tams

Performance Charts

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 — 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.

Posted in: Financial Advisor, Growing Wealth, Investing Tagged: 2, 2022, action, active, active investing, advice, advisor, All, analysis, app, assessment, assets, average, Bank, before, big, bitcoin, blue, Broker, brokerage, business, Buy, Buying, CFPB, charts, clear, closing, color, commission, commissions, company, crypto, crypto assets, cryptocurrencies, cryptocurrency, customer service, data, decisions, Development, display, diversification, ETFs, exchange traded funds, expenses, Fall, Fees, Finance, Financial advice, Financial Goals, financial tips, Financial Wize, FinancialWize, FINRA, fund, funds, future, gap, General, goals, good, government, graph, Growing Wealth, HR, index, Invest, Investing, investment, investment returns, investments, Investor, investors, IRA, Learn, Legal, lending, list, LLC, loan, Loans, low, LOWER, Main, Make, market, measure, money, More, Mortgage, mortgage refinancing, Move, Moving, needs, neutral, offer, offers, one day, one year, Operations, or, Original, Other, paint, past performance, patterns, Personal, Personal Loans, price, Prices, probability, products, protect, protection, ready, rebalancing, refinancing, Research, retirement, retirement funds, returns, Revenue, right, risk, sales, savings, schools, SEC, second, securities, security, Sell, shares, short, simple, social, sofi, states, stock, stocks, Strategies, student, Student Loans, Style, tax, time, tips, trading, traditional, trend, upside down, value, volatility, volume, wealth, will

Power of Attorney in Texas: Guide and Requirements

March 24, 2023 by Brett Tams

A power of attorney in Texas allows another person to take actions on your behalf. Texas recognizes medical and financial power of attorney authorizations. 

Posted in: Estate Planning, Investing, Moving Guide Tagged: 2, 2023, agent, All, assets, Bank, banks, basic, beneficiary, Benefits, bills, Blog, collecting, currency, data, death, decisions, Deposits, Disability, durable power of attorney, estate, Estate Planning, estate planning attorney, experience, Fall, Financial Wize, FinancialWize, General, general power of attorney, Giving, guide, health, Health care, healthcare, How To, Investing, Land, Legal, Life, list, Make, making, marriage, Medical, medical power of attorney, medications, military, money, More, nerdwallet, office, or, Original, Other, out of state, party, Planning, power of attorney, present, principal, proof, property, Real Estate, renting, Review, SEC, selling, special power of attorney, surgery, target, texas, town, Transaction, will

What Is a Money Market Account and How Does it Work?

March 23, 2023 by Brett Tams
What Is a Money Market Account and How Does it Work?

woman reading overhead

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.

Posted in: Financial Advisor, Growing Wealth Tagged: 2, 2023, active, active investing, Administration, advice, advisor, All, Alternatives, Amount Of Money, assets, at risk, average, balance, Bank, Banking, banks, basic, blue, Broker, brokerage, Built, business, CD, CDs, Checking Account, Checking Accounts, clear, color, Commercial, company, cons, Credit, credit union, Credit unions, cryptocurrency, Debit Card, decisions, deposit, Deposits, design, display, earning, ETFs, expectations, experience, FDIC, FDIC insurance, Fees, Finance, Financial advice, Financial Goals, Financial Planning, financial tips, Financial Wellness, Financial Wize, FinancialWize, FINRA, freedom, fund, funds, future, General, get started, Getting Started, goals, good, government, Growing Wealth, Housing, HR, Insurance, interest, interest rate, interest rates, international, Invest, Investing, investment, investment portfolio, investments, IPOs, Joint Account, Learn, Legal, lending, LLC, loan, low, maintenance, Make, market, mastercard, money, Money Management, money market, Money Market Account, money market accounts, money market funds, More, Move, needs, offer, or, Other, past performance, place, Planning, portfolio, portfolios, principal, products, pros, protection, rate, Rates, ready, return, returns, right, risk, safety, save, Save Money, saver, Saving, savings, Savings Account, Savings Accounts, Savings Goals, searching, SEC, securities, smart, social, sofi, stocks, Strategies, Style, Terminology, time, tips, trading, traditional, unique, vehicles, wants, wealth, wellness, will, withdrawal, woman, work

What Happens When Your Bank is Seized by the FDIC?

March 23, 2023 by Brett Tams

One of the issues that many people have been concerned with during this recession is what happens when a bank is seized by the FDIC. This is a matter of concern because the recession saw quite a few bank closings, and there are still hundreds of banks still on the FDIC watch list for potential […]

The post What Happens When Your Bank is Seized by the FDIC? appeared first on Good Financial Cents®.

Posted in: Money Basics Tagged: 2, 2021, 2023, AAMS, Accredited Asset Management Specialist, action, Advertising, advisor, All, analysis, assets, author, Auto, balance, balance sheet, Bank, bank account, Banking, banks, before, Blog, blue, book, business, CD, CDs, cents, chance, Checking Accounts, Closings, cnbc, color, commission, communication, Consumers, Convenience, couple, Credit, credit cards, currency, custom, data, Debt, deposit, Deposits, disclosure, double, entry, experience, experts, faq, FDIC, Featured, Fees, Finance, finances, Financial Advisor, Financial Freedom, Financial Wize, FinancialWize, freedom, front, funds, good, Google, great, green, health, healthy, hold, hours, Illinois, impact, industry, Insurance, interest, Invest, investment, investments, Leaders, Learn, Links, list, loan, Loans, Local, LOWER, Main, Make, manage, market, md, Media, money, money market, More, new, new york, new york times, News, office, Operations, or, orange, organizing, Other, ownership, Personal, personal finance, personal finances, place, plan, planner, Planning, podcast, protection, Purchase, quality, quiet, rate, ready, Recession, Research, resolution, retirement, Retirement Planning, Review, safe, savings, Savings Accounts, science, SEC, Sell, selling, story, the balance, The Wall Street Journal, thrift, time, title, Travel, trust, under, updates, Video, wall, Wall Street, wealth, wealth management, will, work, youtube

What Are Asian Options and How Are They Priced?

March 23, 2023 by Brett Tams

What Are Asian Options and How Are They Priced?

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 they’re 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.

Posted in: Financial Advisor, Growing Wealth, Investing Tagged: 2, active, active investing, advice, advisor, All, app, Asian, assets, assumptions, average, Bank, before, black, blue, Broker, brokerage, brokers, business, Buy, buyer, clear, closing, color, commissions, commodities, cons, Credit, cryptocurrency, decisions, display, exchange rate, exercise, expensive, experience, faq, Finance, Financial advice, Financial Wize, FinancialWize, FINRA, friendly, future, goals, Growing Wealth, HR, impact, Invest, Investing, investment, Investor, investors, Learn, Legal, lending, liquidity, LLC, loan, LOWER, Make, market, measure, mobile, Mobile App, model, money, More, Move, needs, offer, offers, or, Other, past performance, premium, price, Prices, products, pros, Pros and Cons, protect, Purchase, questions, rate, ready, right, risk, SEC, securities, short, social, sofi, stock, Style, tax, taxes, time, trading, unique, value, volatility, wants, wealth, will, work
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