190 Search Results
What Is a Financial Instrument? Types & Asset Classes Explained
https://www.sofi.com/learn/content/financial-instruments/
A financial instrument is simply a contract between entities that represents the exchange of money for a certain asset. Financial instruments include most types of investments: cash, stocks, bonds, mutual funds, exchange-traded funds (ETFs), certificates of deposit (CDs), loans, derivatives, and more. Financial instruments facilitate the movement of capital through the markets and the broader […]
Bonds vs Stocks: Understanding the Difference
https://www.sofi.com/learn/content/bonds-vs-stocks/
Understanding the differences between stocks and bonds can help an investor build a stronger portfolio.
Knowing the Difference Between ‘Rich’ and ‘Wealthy’
https://www.sofi.com/learn/content/rich-vs-wealthy/
If someone has a lot of money, you might say they’re rich or even wealthy. But there’s actually a difference between wealthy and rich, both in terms of how much money you’re talking about and how someone uses their financial resources. A rich person can have a lot of money or earn a high income, […]
Credit Spread vs Debit Spread
https://www.sofi.com/learn/content/credit-spread-vs-debit-spread/
An options spread involves buying and selling different options contracts for the same underlying asset, at the same time. In the world of vertical spreads, there are credit spreads and debit spreads. What is the difference between a credit vs. a debit spread, and what are the potential ways investors may use these strategies? When […]
Guide to Wealth Advisors & What They Do
https://www.sofi.com/learn/content/who-are-wealth-management-advisors/
Table of Contents What Is a Wealth Advisor? Wealth Manager vs Financial Advisor How Much Does a Wealth Advisor Cost? Pros and Cons of Having a Wealth Advisor 4 Tips for Choosing a Wealth Advisor Do I Need a Wealth Management Advisor? FAQ Wealth advisors are a subset of the greater financial advisor world, and […]