SoFi Blog

In the northern hemisphere, the summer solstice happens when Earth’s north pole is at its maximum tilt towards the Sun. On this magical day of the year, Earth receives the longest stretch of daylight.

In many cultures, the solstice is an important time of year and celebrated with festivals, ceremonies, and traditions. For some, the summer solstice is a time to reflect on renewal and rebirth.

Whether or not you celebrate the summer solstice, the day’s proximity to the year’s halfway point makes it an excellent time to reflect on your own progress. It is a wonderful time to look both forward and backward.

So far, 2019 has been a banner year for IPOs, and it’s been an exciting ride. Some companies, like Beyond Meat have seen their share prices skyrocket, while other tech darlings haven’t fared so well. Here’s a look at some of this month’s IPO offerings, including the much-anticipated public introduction of Slack.

In our efforts to bring you the latest updates on things that might impact your financial life, we may occasionally enter the political fray, covering candidates, bills, laws and more.
Please note: SoFi does not endorse or take official positions on any candidates and the bills they may be sponsoring or proposing. We may occasionally support legislation that we believe would be beneficial to our members, and will make sure to call it out when we do. Our reporting otherwise is for informational purposes only, and shouldn’t be construed as an endorsement.

If you’ve followed Congress even casually over the past few years, you’re probably aware that there isn’t much that flows through the House of Representatives or the Senate with overwhelming bipartisan support.

On Thursday, May 16 the House defied expectations, and their recent track record, by passing the SECURE act by an overwhelming 417-3 . True to form, though, the SECURE act stands for the “Setting Every Community Up for Retirement Enhancement Act of 2019”.

If the Senate and House agree on the bill as it stands now, it could end up being a big deal that changes the way lots of people save for retirement, invest in 401(k)s, IRAs, and other retirement accounts, and even the way they tackle student loan debt.

Between managing your overflowing inbox, handling budget reports, and attending all of the meetings on your calendar, multitasking may be your default mode of operation. While you may feel like you’re operating at peak efficiency as you toggle between countless windows, in reality, constantly changing your focus may be wreaking havoc on your productivity.

The same logic can be applied to your finances. Trying to juggle multiple priorities when it comes to money can feel overwhelming. If you’re taking a flexible approach with your finances, you may not have a plan for your income. And that can leave you wondering how to allocate your money after paying your bills.

Should you save or invest? Or are you going to spend some of your money on a trip or purchase? The ability to multitask can be an asset, but it can also allow distractions to prevail. But is multitasking actually bad?

Tariffs, IPOs…and Salty Chips

May. Springtime. Three-day weekends. It’s usually a time to celebrate Star Wars, not initiate trade wars, but that’s not how it went down this year. That, plus some chip drama and some new murmurs about Bitcoin made for a spicier-than-usual month in the markets. On top of that, the IPOs kept popping. Yep, 2019 has been ripe so far for some delicious market news.