SoFi Blog

On April 22, millions of people around the world will participate in Earth Day-related activities. Some people will march to raise awareness, some will plant trees, and some will take the time to clean up plastic and trash that has been carelessly discarded.

[Updated 4/19/19 to include our full statement: Like any other investment advisor, we make changes regularly to the composition and allocation of our members’ portfolios in relation to their investment objectives and risk tolerance. SoFi Select 500 and SoFi Next 500 provide comparable access to market segments at far lower expense ratios than those of other funds, as we have waived all management and trading fees. We notified our members in a timely fashion in accordance with regulations, and will continue to address individual member questions.]

SoFi is always searching for innovative ways to help our members get their money right. After some hard work and planning, we are excited to announce the latest addition to our suite of Automated and Active Invest product portfolios—SoFi ETFs (exchange-traded funds).

We constructed these ETFs specifically with SoFi members in mind. They’re intelligently designed, diversified, and appropriate for both beginner investors and those who are well on their way to achieving their investment goals.

Investing is weird, right? Well, it is until you try it with SoFi. That’s why, earlier today, we launched two new ETFs (aka exchange traded funds) called the SoFi Select 500 ETF (NYSE: SFY) and SoFi Next 500 ETF (NYSE: SFYX). Maybe you’re an investing pro and know all about ETFs. If you are, then skip this next sentence: ETFs are funds that track a stock index or basket of assets – they trade like stocks on an exchange, with prices changing as they are bought and sold.

With an expense ratio of zero for both SFY and SFYX for at least a year¹ (yes – ZERO fee), these funds are designed with your needs and preferences in mind. We don’t think you should pay money to make money. And we know getting started is the greatest barrier to entry when it comes to investing, so we wanted to make this as accessible as possible.

Denim, jets, weed…and witches? That’s just the start.

The first quarter of 2019 is behind us, and last month was particularly interesting. Don’t have time to read financial papers end-to-end every day? Have a life and other responsibilities and stuff? We got you—here are six things to note as you make your next market move.

If there’s an American Dream for retirement, it probably includes telling your boss to lose your number, unplugging the alarm clock, and moving somewhere that’s 72 and sunny year-round. It’s a worthy goal, but it doesn’t just magically happen when you turn 65. When you look more closely, you’ll find that retirement could also mean learning to live with more time—and less money.

It doesn’t mean you’ll never live on the beach in retired bliss. But retirement does require planning, foresight, and a solid grasp on your finances that needs to start long before you decide to leave your career.

To help you try to retire without regret, we put together a list of the top financial planning tactics that retirees wish they had done better, sooner, or longer. This is straight from retirees who’ve been there, done that, and wished they had done something differently.