SoFi Blog

Tips and news—
for your financial moves.

Introducing the SoFi 50 ETF

First came SoFi’s fee-waived* ETFs, SoFi Select 500 ETF (ticker: SFY) and SoFi Next 500 ETF (ticker: SFYX), providing our members access to diversified US equity for only $10 per share.

Then came the SoFi Gig Economy ETF (ticker: GIGE), a first-of-its-kind thematic ETF focused on the companies revolutionizing how individuals live and work. SoFi is now excited to highlight the fourth ETF in our line-up: the SoFi 50 ETF (ticker: SFYF).

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What to Do With Your Tax Refund If You Already Have an Emergency Fund

If you got a tax refund this year, you’re probably still giddy about the extra money. Who doesn’t love an unexpected windfall? Maybe you gave the federal government a little too much out of each paycheck last year. But what matters now is that you’ve got a tax refund in hand, and you want to be wise about how to use it.

If you have yet to decide what to do with your tax refund, it might be time to set some priorities. This is going to be relatively painless, and hopefully it will help you gain some clarity on the money issues that keep you up at night.

If debt is dragging you down, this could be an opportunity to pay off a credit card or two, or some other high-interest debt that’s been plaguing you. If your refund is anywhere close to the average—which was about $3,000 last year—you could potentially take a serious bite out of any balances you’re carrying.

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Introducing SoFi’s Gig Economy ETF

Groupon or GrubHub? Square or Paypal? eBay or Etsy? Who will win our business may be up for debate, but the question of how the gig economy is changing the future of work and commerce certainly is not.

When you think about the Gig Economy, you may immediately think of Lyft drivers and short-term rental hosts, but there are many other players and companies helping to make this shift in the workforce a permanent fixture of everyone’s daily lives to bring you what you want, when you want it.

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