2581 Search Results
2581 Search Results
https://www.sofi.com/learn/content/value-weighted-index/
Value weighted indexes, also called cap-weighted indexes, may be used by investors to gauge the performance of various sectors of the stock market. Indexes effectively measure a specific portion or subset of the market, which can help investors get a sense of the market’s performance. Some of the most commonly known and used value weighted […]
https://www.sofi.com/learn/content/neobanks-vs-traditional-banks/
Since coming on the scene in the 2010s, neobanks have challenged the traditional banking model by offering consumers tech-savvy, digital-only bank accounts, often with low (or no) fees and higher-than-average interest rates. Neobanks have also been early adopters of popular perks like early access to paychecks and fee-free overdraft protection. But neobanks technically aren’t banks […]
https://www.sofi.com/learn/content/what-is-a-sar/
A suspicious activity report, or SAR, is a document that financial institutions must submit to the federal government when they detect unusual and suspicious activities. SARs serve as an early warning system for the authorities, helping law enforcement detect, investigate, and prevent financial crimes like money laundering, fraud, and terrorist financing. Here’s a closer look […]
https://www.sofi.com/learn/content/what-happens-to-joint-bank-accounts-when-someone-dies/
Setting up a joint bank account can make your financial life easier. But it’s important to understand all the rules and regulations, particularly should tragedy strike. Typically, joint bank accounts are set up so that both account holders have the right of survivorship. This means that should one owner die, the remaining partner retains full […]
https://www.sofi.com/learn/content/pros-and-cons-alternative-investments/
As alternative investments have become more accessible for all investors, it’s essential to weigh the pros and cons of these assets: on the one hand, alts offer the potential for diversification and higher returns — but they’re often higher cost, illiquid, and subject to complex tax treatment. Understanding the advantages and disadvantages of these assets […]
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