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21 Items That You Can Recycle for Money
https://www.sofi.com/learn/content/items-you-can-recycle-for-money/
Most of us are aware that diverting waste from landfills is a “green” practice that can benefit the planet. But did you know that recycling everyday items — from metal cans to cooking oil — can also put some green in your wallet? With a little time, effort, and know-how, you can recycle the following […]
How Do You Get a Land Loan?
https://www.sofi.com/learn/content/land-loan-process/
Land loans allow borrowers to purchase acreage, or a piece of land, often with the intention of building a home there or developing the plot for business. Because of the inherent risk to lenders, land loans can be challenging to obtain. The rate and required down payment are typically higher than those of traditional mortgage […]
What Is a Robo Advisor?
https://www.sofi.com/learn/investing/what-is-a-robo-advisor/
Key Points • A robo advisor is a computer algorithm that helps manage investments by selecting and recommending portfolios based on an individual’s financial goals, risk preferences, and time horizon. • Robo advisors offer cost efficiency, potential performance, and the ability to control for human error in investment decisions. • They typically charge management fees […]
Margin Trading: What It Is and How It Works
https://www.sofi.com/learn/investing/what-is-margin-trading/
In the investing ecosystem, the term “margin” is used to describe the money that may be borrowed from a brokerage to execute trades or a strategy. Buying assets on margin can help magnify gains and returns, but it can do the same with your losses. When you buy on margin, you’re purchasing assets using money […]
Financial Consulting Services 101
https://www.sofi.com/learn/investing/what-is-a-financial-consultant/
When you need help putting together a solid plan for your money, you might seek out financial consulting services. A financial consultant can offer advice and guidance on things like investing, retirement planning, and building wealth. You may also hear financial consultants referred to as financial advisors, as the terms are often used interchangeably, though […]