Sep
01
2020
Major Markets Climbed in August
Major US stock markets were mixed on Monday, but that didn’t stop the Dow and the S&P from registering their best August performance since 1984 and 1986.
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SoFi Blog
Tips and news—
for your financial moves.
Aug
31
2020
5 Things You Learn After Your First Investment
So you finally did it. You overcame your fear and confusion and decided to jump into the world of investing. Maybe it went well, or maybe it was a total fail. Either way, you probably came away with some valuable lessons.
You may be asking yourself, “Was my first stock investment worth it?” Just taking the leap to invest was a commendable first step. About half of all American households don’t invest in the stock market at all, even through retirement accounts. Young people seem especially frightened of investing, with just 37% of Americans below the age of 35 owning stock.
Millennials might be afraid to put their money in the market because they lived through the Great Recession or they may be more focused on immediate needs, given rising student debt and housing costs.
Read moreAug
31
2020
How the Pandemic Will Impact the Residential and Commercial Insurance Industry
Investors are allocating billions of dollars into the insurance industry and betting that the pandemic may end up benefiting insurance companies in the long term.
Read moreAug
31
2020
Laptop Shortages Leave School Districts Scrambling
Some schools chose to move online just weeks ago. They are now ordering laptops and facing delays due to supply chain disruptions & surging demand.
Read moreAug
31
2020
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