Table of Contents Top 10 Monthly Dividend Stocks by Yield What Are Monthly Dividend Stocks? How Does Dividend Investing Work? Types of Monthly Dividend Stocks Ways to Evaluate Monthly Dividend Stocks Pros and Cons of Investing in Monthly Dividend Stocks Things to Avoid When Investing in Monthly Dividend Stocks FAQ While most dividend-paying stocks do […] The post 10 Top Monthly Dividend Stocks for October 2025 appeared first on SoFi.| SoFi
Table of Contents 10 Tips for Long-Term Investing What Is Long-Term Investing? Why Is Long-Term Investing Important? Investing With SoFi FAQ Investing for the long term is a time-honored way to help manage certain market risks so you can reach financial goals, like saving for a downpayment on a house and retirement. When it comes […] The post 10 Tips for Investing Long Term appeared first on SoFi.| SoFi
Table of Contents Understanding Each Section of a Financial Statement Financial Statement Ratios and Calculations FAQ A company’s financial statements are like a report card that tells investors how much money a company has made, what it spends on, and how much money it currently has. Knowing how to read a financial statement and understand […] The post How to Read Financial Statements: The Basics appeared first on SoFi.| SoFi
Table of Contents What Is Book Value Per Share? Book Value Per Share vs Market Value Per Share What Does Book Value Per Share Tell You? How to Calculate Book Value Per Share Example of Book Value Per Share How to Increase Book Value Per Share FAQ Unlike market capitalization, which measures a company’s total […] The post What Is Book Value Per Share (BVPS)? appeared first on SoFi.| SoFi
Table of Contents Key Differences Between an LLC and a Sole Proprietorship What Is a Sole Proprietorship? What Is an LLC? How to File an LLC How to Choose a Business Structure for Your Company FAQ When choosing a business structure, you may wonder whether you should form a limited liability company (LLC) or a […] The post Sole Proprietorship vs LLC: How to Choose appeared first on SoFi.| SoFi
Table of Contents What Is the Payback Period? How to Calculate the Payback Period Payback Period Formula (Averaging Method) Payback Formula (Subtraction Method) Benefits of Using the Payback Period Downsides of Using the Payback Period When Would an Investor Use the Payback Period? FAQ The payback period is when an investment generates enough cashflow or […] The post Payback Period: Formula and Calculation Examples appeared first on SoFi.| SoFi
Table of Contents Where Your Rental Car Coverage Can Come From Key Coverage Limitations and Considerations What to Do Before and After You Rent The Takeaway If you’ve ever rented a car, you’re familiar with the moment at the rental agency when you’re presented with the opportunity to buy insurance. This can be a bit […] The post Does My Car Insurance Cover Rental Cars? appeared first on SoFi.| SoFi
Table of Contents Yes, Car Insurance Covers a Stolen Car — If You Have the Right Coverage What to Do If Your Car Is Stolen How a Stolen Car Insurance Claim Works What Isn’t Covered When Your Car is Stolen? The Takeaway Having the right insurance policy in place can help you get reimbursed if […] The post Does Car Insurance Cover a Stolen Car? appeared first on SoFi.| SoFi
One of the main purposes of your car insurance is to help cover the cost of repairs when your car is damaged in an accident, during theft or vandalism, or during natural disasters. As this list suggests, standard auto insurance does not cover the cost of all repairs, like those caused by normal wear and […] The post Does Car Insurance Cover Repairs? appeared first on SoFi.| SoFi
Annuity contracts are designed to provide retirement income. Retirees can withdraw money from an annuity, or take early withdrawals, but terms vary. Learn more.| SoFi
What is the S&P 500 index? An exploration into the popular market index, along with a look at ways to invest in the S&P 500.| SoFi
A death benefit is a lump sum payment beneficiaries receive when the owner of a life insurance policy dies. Here are a few other things you should know.| SoFi
A guaranteed minimum income benefit (GMIB) is an optional rider that can be included in an annuity to provide to the holder. Read on.| SoFi
A fixed index annuity comes with a guaranteed minimum rate of return that’s linked to a stock market index. Learn more about the pros and cons of indexed annuities.| SoFi
Understanding the differences between stocks and bonds can help an investor build a stronger portfolio.| SoFi
A SIMPLE IRA is not the same as a Traditional IRA — they have key differences. Here’s a rundown on a SIMPLE IRA vs. Traditional IRA.| SoFi
There are important differences between a rollover and a transfer when making a change to a retirement account.| SoFi
Want to a contribute to a Roth IRA but make too much money? Find out whether a backdoor Roth is right for you.| SoFi
According to IRS rules, you must begin to take required minimum distributions (RMDs) from your IRA when you reach a certain age. Learn how RMDs work.| SoFi
You are now leaving the SoFi website and entering a third-party website. SoFi has no control over the content, products or services offered nor the security or privacy of information transmitted to others via their website. We recommend that you review the privacy policy of the site you are entering. SoFi does not guarantee or endorse the products, information or recommendations provided in any third party website. | SoFi
The qualified dividend tax rate is 0% for individuals making $47,025 or less. Higher tax brackets will pay 15% or 20%. Learn about qualified dividends.| SoFi
Wondering how investment income is taxed? Use this guide to learn about the tax rules for different types of investments.| SoFi
Understanding the costs associated with your investments can help you make a plan to maximize your returns. Read on to learn more.| SoFi
Property tax is included in most mortgage payments. Learn how to tell if yours is and more about this important aspect of homeownership.| SoFi
With its ups and downs, investing is a lot like riding a roller coaster, and knowing your own risk tolerance is an important part of investing. Take our quiz!| SoFi
One common question is—what’s the best option: an IRA or a 401(k)? The answer is: over time, you’ll probably use both. Keep reading to learn more!| SoFi
Wondering how to fund an IRA? Here are 4 ways to start an account.| SoFi
The IRA contribution deadline for the current year is tax day in April of the following year. So you can fund an IRA for 2024 until April 15, 2025. Learn more.| SoFi
Searching for an investment strategy that could help you reach your retirement goals? Learn about different options for saving for your future.| SoFi
There’s no limit to how many IRAs you can have. Multiple accounts may help lower your taxes now and in retirement. Learn more about the rules and restrictions.| SoFi
Ever wonder what happens to your 401(k) when you leave a job? Learn more about what you need to do with your 401(k) when you change jobs.| SoFi
Deciding when to take your Social Security retirement benefits can be challenging. Here’s what applying for benefits at different ages can look like.| SoFi
Early retirement — everyone wants to do it, but how? Here are tips and strategies you can try to make an early retirement happen.| SoFi
Let's dive into how you can prepare for a financially comfortable retirement and look at what the average retirement age in the United States really is.| SoFi
Social security early retirement age is 62, but claiming benefits then can lower how much you receive. Here's what to know about filing for benefits.| SoFi
Higher market interest rates = lower fixed rate bond prices, and lower market interest rates = higher fixed rate bond prices. Read on for more specifics.| SoFi
What is a stock—and why do people buy them? In this post, we break down the details on stocks, including risks and rewards of stock investment.| SoFi
There’s no such thing as a safe investment, but some types of investments may be less risky than others, depending on the market. Read on.| SoFi
A mutual fund is a basket of securities such as stocks or bonds. Mutual funds come in many styles and can be actively or passively managed. Learn more.| SoFi
An investment time horizon is the amount of time available to work towards a financial goal, and it is an important reference point when deciding how to invest.| SoFi
How much risk you’re comfortable with is an important factor in investing. What kind of investor are you? Take our risk tolerance quiz to find out.| SoFi
Investors can gauge the risk in their stock holdings better by knowing their portfolio's beta. Here's how they can calculate the figure themselves.| SoFi
Cashing in your 401(k) to pay down debt isn’t your best option. Here are options to consider instead.| SoFi
If you’re in a challenging money situation, try reducing your expenses, earning extra income, and these other smart strategies to get back on track.| SoFi
It’s possible to avoid loan origination fees. Some lenders may not charge them; others may let you haggle. Read up on the questions to ask.| SoFi
Using a 401(k) to buy your first home may not be the best option. Learn more about whether you should use a 401(k) to buy a house.| SoFi
Taxes are part of most people's lives, but here's the info you need to understand what they are, why you pay them, plus tips on lowering your taxes.| SoFi
What is an unsecured loan, and how are they used? This article discusses secured vs unsecured loans and the most common uses for an unsecured personal loan.| SoFi
The rules on taxes for a traditional 401(k) and Roth 401(k) depend on which plan an employee participates in.| SoFi
If your company goes public via an IPO, and you’re a stockholder, there are several things you can do such as holding your shares or selling them. Read on.| SoFi
Is your employer offering restricted stock units? Here’s what you need to know about RSUs and whether to think about holding or selling them.| SoFi
How do stock options work? What about restricted stock units? Here’s everything you need to know to help them grow your wealth.| SoFi
In options trading, when you exercise an option, you’re exercising your right to buy or sell the underlying security in an options contract.| SoFi
Before you decide if you should exercise options in your company, make sure you know: How do options work?| SoFi
What is the meaning of 401(k) vesting? How does 401(k) vesting work? Learn about the vesting period for a 401(k) plan and how to know if you are fully vested.| SoFi
Interested in learning about expense ratios? Everything you need to know about expense ratios, explained.| SoFi
If you’re self-employed, contributing to a solo 401(k) or SEP IRA could help you save for retirement. Which plan should you choose? Read on to learn more.| SoFi
SEP IRAs and SIMPLE IRAs are similar, but there are some key differences between them. Here’s what you need to know about these retirement savings accounts.| SoFi
Index investing, also called passive investing, is a strategy where you buy shares of an index fund that mirrors a market index like the S&P 500. Learn more.| SoFi
Trading ETFs is, in many ways, similar to trading stocks or other securities, and can be done on most stock-trading platforms or brokerages. Read on.| SoFi
A dividend is when a company periodically gives its shareholders a payment in cash, additional shares of stock, or property. Read on.| SoFi
Capital appreciation on investments is among the most common investment strategies for growing wealth. Learn how to grow your money with this strategy.| SoFi
Portfolio rebalancing can seem complicated, but adjusting the asset allocation of your investments is key to any diversification strategy.| SoFi
What is tax-efficient investing? Tax-efficient investing strategies aim to reduce tax bills generated when an investment is profitable.| SoFi
Wondering how much your baseball cards are worth or how much you can get for a coin collection? Discover 10 valuable collectibles you may have at home.| SoFi
When the market is down, don’t panic. It can be a good idea to stay in the market through its ups and downs.| SoFi
When it comes time to sell shares, how do you cash out stocks? Learn how to decide when to sell stocks, which stocks to sell, and how to convert stocks back to cash.| SoFi
Understand the different types Understand the different types of investments and investment options out there to help you meet your financial goals.of investments and investment options out there to help you meet your financial goals.| SoFi
Calculating how much you need to retire is based on personal factors like how much you’ve saved, your Social Security, and your lifestyle. Learn more.| SoFi
An unrealized gain or loss is the change in market value of an asset from its purchase price, before it is sold.| SoFi
Not sure if you should go to a public or a private college? Understand the pros and cons of each.| SoFi
Explore prepaid college plans by state to learn how you can lock in tuition rates, save on future college costs, and understand the unique features and benefits each state offers.| SoFi
File Form 709 if you made any gift worth over an annual limit the prior year. Don’t sweat it. Most people will never have to pay any gift taxes.| SoFi
You may be able to get financial aid for college no matter how much your family earns. Here are some ways to get financial aid if your parents make too much money.| SoFi
If you're a parent or student with college on the horizon, here's an overview of the ins and outs of college financial aid.| SoFi
You need a brokerage account to trade securities, and you might want a cash management account (CMA), too. Learn the pros and cons of a brokerage vs cash management account.| SoFi
Exchange traded funds can be a valuable tool for investing. What are the advantages of ETFs? Learn more here.| SoFi
A 529 plan has an early withdrawal penalty of 10% for non-qualified withdrawals. Withdrawals for the plan are up to $10k annually.| SoFi
The wash-sale rule is an IRS regulation that disallows investment-derived losses from being used in certain tax situations. Learn more.| SoFi
What is volatility in stocks? It is the wild up-and-down price changes in the stock market. To be a good stock market investor, learn to handle volatile stocks.| SoFi
Learn about the responsibilities and risks of being a cosigner on a loan, including financial obligations, credit impacts, and legal implications.| SoFi
Learn how repossession affects your credit and explore your options for refinancing your auto loan after repossession and rebuilding your financial standing.| SoFi
Explore the possibility of securing a loan for a rebuilt car title, including lender requirements, loan terms, and tips for financing vehicles with a salvage history.| SoFi
There are pros and cons to car refinancing. Drivers may lower their rate or monthly payment, but it's worth it only if their credit score has improved.| SoFi
Are you overpaying for your car loan? Discover the average car payment and typical interest rate to help you compare how your loan stacks up!| SoFi
The 30-year mortgage is the most popular; it keeps payments affordable. But buyers and refinancers sometimes choose a shorter mortgage term.| SoFi
Foreclosures saw a minor decrease compared to February and to March of last year. Read on for the foreclosure rates of all 50 states in March.| SoFi
Refinancing a car loan can hurt your credit. Learn why refinancing can affect your credit, as well as the upsides to refinancing that can still make it worthwhile.| SoFi
It’s possible to have more than one checking account at a bank. Learn why this might be a good idea, plus the potential downsides.| SoFi
A number of things can hurt a home appraisal, from needed upgrades and poor maintenance to the location and the comparable property values. Learn more.| SoFi
Is inflation good or bad? It’s a complex question. Inflation drives up the cost of living, but it can also spur productivity and create jobs. Learn more.| SoFi
Private mortgage insurance can add to homeowners' monthly mortgage payments. Learn your options to avoid it, and how to get rid of it if you're paying now.Understanding the requirements on your mortgage can streamline the home-buying process. Know what private mortgage insurance is and what your options are.| SoFi
Your home may be your highest-value asset, but should you include it when assessing your net worth? Here's when it does and doesn't make sense to.| SoFi
Home appraisals are crucial to the home buying, selling, and refinancing process. Get one by factoring in a home's details, location, and nearby sales.| SoFi
Could a negative money mindset be keeping you from reaching your financial goals? Learn how shifting your perspective can improve your financial situation.| SoFi
Factors that affect property value include a home’s age, size, location and cost of comparable homes. Learn more about assessing your home’s worth.| SoFi
We live in a world of acronyms, so it isn’t surprising that mortgage lending has its own, including PMI and MIP. Here’s info about both, plus how to avoid them.| SoFi
A mortgage lender will help you secure a home loan. The mortgage servicer enters the picture once you have your loan. Learn the functions of both in this guide.| SoFi
The exact monthly cost of a $300,000 mortgage will depend on your down payment, interest rate, and loan terms. Learn how it all adds up here.| SoFi
One important financial benefit of homeownership is building equity. Discover 7 ways you can build equity in your home over time.| SoFi