SoFi Blog

Tips and news—
for your financial moves.

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Whole Life vs. Term: Buying Term and Investing the Difference Part I

It’s easy to put off planning for the future, especially when that includes planning for the worst. When getting engaged, the first thought is likely to pop a bottle of champagne and celebrate, not pull out the prenup contracts.

When life’s most exciting moments happen, your top of mind priority probably isn’t life insurance. But major milestones like the birth of a child, marriage, or homeownership might be a good time to reflect on your circumstances and think about life insurance.

Life insurance can get pretty complicated—one of SoFi’s recent surveys found that even among members surveyed who have shopped for life insurance, roughly a third of people debate whether whole life insurance or term life insurance is more appropriate for them.

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Your September Monthly Market Commentary

The kids are back in school, football is on the tube, and many of us are scratching our heads as to how it’s already the last quarter of 2019. Even in the face of all the background noise of trade wars, political arguments, and interest rate cuts, the market ended the month higher.

Contrary to experts predicting the impending crash, the longest expansion in United States history kept chugging forward. As you get ready for your favorite TV shows to return from break, sit back and catch up on some highlights from September.

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August Monthly Market Commentary

As many of us enjoyed the final month of summer, plenty of attention was focused on a somewhat bumpy August which delivered political turmoil, escalations in a trade war, and concern in the fixed income market. Overall, the stock markets ended the month down slightly, so sit back and catch up on some market moving news.

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July Monthly Market Commentary

The Fed made moves, big tech got slapped and the candidates bristled.

Another month is in the books, and the more things change the more they stay the same. Stock markets seemed to climb to new heights in July while pundits continued to discount the rally and call for the next recession. Even presidential candidates got in on the doomsday predictions this month.

Just like in June, market-moving news is coming from the Fed, geopolitical tensions, and major technology companies. As the summer winds down, sit back and catch up on some highlights from July.

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June Monthly Market Commentary

It seems like only yesterday we were welcoming a new year. For many investors, the first half of 2019 has been a welcome sight after a bumpy 2018. And despite some pundits trying to discount the rally or arguing the next recession is near, markets are reaching all-time highs. June was a busy month, so sit back and catch up on some highlights.

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