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480 Search Results

Brokerage Accounts 101: Types & Benefits Explained

Guide to Brokerage Accounts

https://www.sofi.com/learn/content/what-is-a-brokerage-account/

Key Points •   A brokerage account is an investment account that allows individuals to buy, sell, or trade various financial securities, including stocks and bonds. •   Different types of brokerage…


What Is an Exchange-Traded Note (ETN)?

What Is an Exchange-Traded Note (ETN)?

https://www.sofi.com/learn/content/etn-exchange-traded-notes/

…to mature. Liqudity Investors have two options when selling ETNs: They can buy or sell them during regular day trading hours or redeem them from the issuing bank once a…


What Is a Unit Investment Trust (UIT)?

What Is a Unit Investment Trust (UIT)?

https://www.sofi.com/learn/content/unit-investment-trust-uit/

…A typical holding period would be anywhere from 15 months to two years, though some UITs may have an end date that’s farther in the future. Investors can sell their…


Mortgage Bankers: What Do They Do?

Mortgage Bankers: What Do They Do?

https://www.sofi.com/learn/content/mortgage-banker/

…take an application and create a new mortgage for a residential home. The loan is usually sold to Fannie Mae or Freddie Mac. Sell Loans Mortgage bankers sell loans so…


Net Asset Value (NAV): What It Means, Formula, Example

Net Asset Value (NAV): What It Means, Formula, Example

https://www.sofi.com/learn/content/understanding-net-asset-value/

…pay to buy or sell shares in the fund. Every mutual fund company has its own cut-off time for buying and selling shares. After that time, investors buying or selling…


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