192 Search Results
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 […]
Robo Advisor vs Financial Advisor: Which Should You Choose?
https://www.sofi.com/learn/content/robo-advisor-vs-financial-advisor/
Discover the pros and cons of robo advising (also called automated investing) and those of using a human financial advisor to make the right choice for you.
Options Trading vs Gambling: How to Tell Them Apart
https://www.sofi.com/learn/content/is-options-trading-gambling/
Gambling is typically defined as risking something of value on an uncertain event. Although common forms of gambling include lottery games, blackjack, or sports betting, the line between gambling and investing can be less distinct. For example, binary options are unlike standard options, as they involve an all-or-nothing payoff that makes them more akin to […]
What Is Generational Wealth, and How Do You Build It?
https://www.sofi.com/learn/content/what-is-generational-wealth/
Whether you want to retire a few years early or feel more financially secure, building your wealth can help you meet your financial goals. But what if you want to build generational wealth, or the type of lasting wealth that can be passed down to your children and grandchildren? While there is no one-size-fits-all path, […]