A Closer Look at the State of the U.S. Economy
It’s been a relatively quiet month for the market. Equities and fixed income continue to grind higher as investors doubt a near-term revival in inflation. And, with little expectation that tax cuts will be implemented this year, the markets have taken little notice of the relentless political drama coming out of Washington. Given the lack of major market events, we’re taking a step back to focus on the unique state of the U.S. economy right now, how the Federal Reserve might respond, and what it means for the market.Read more
A duchess once said: “You can never be too thin or too rich.” Many people would disagree with the first part, but very few would argue with the second. However, while you can’t have too much money, you might have too much cash.
How much cash should you have?Read more
When should you start investing? How much do you need to start? And what type of investments are right for you?
If you’re curious about investing, but you haven’t yet dipped your toes in the water, you’re not alone. In fact, this was a hot topic among SoFi members in a recent discussion with wealth advisors on Facebook. (That’s right, SoFi members have daily access to complimentary advisors—learn more here.)
Even if you’re not a member, we’ve brought the most pressing investing questions—and more importantly, their answers, courtesy of SoFi Financial Advisor Katy Song—right here. Read on to learn more.Read more
Investing for retirement can seem daunting. With so many retirement plan options, and even more jargon that comes with the territory, it’s no wonder people can start to feel anxious when figuring out how to invest in their 401(k) properly. Luckily, the first step is easy—all you have to do is start saving your money and putting it in a retirement account.Read more