Changing your Principal 401(k) contribution easy, and making a small change now could have a huge impact on your retirement. Here's how I did it.
Robinhood is a different type of brokerage. The technology-driven company cuts out overhead by eliminating storefront locations and full-service features, allowing customers to manage their stock portfolios with their phones. The end result is a useful stock trading app that provides all of the basics without any costly extras. While people can trade for free […]
For those new to the world of investing, or just use to investing in stocks with investing apps or advisors, a savings bond is one of the safest investment options out there. Essentially, a savings bond is money that is loaned to the U.S. government for a specific term. Once that term has expired the government guarantees […]
Both Vanguard and Fidelity are online brokers that offer their own proprietary mutual funds. Although Fidelity is known for excelling in actively-managed funds, Vanguard is better known for passive investment funds.
If you are new to investing and want automated guidance or access to financial advisors, SoFi is your best bet. If you prefer to go it alone and want to get into crypto and options trading, Robinhood is the clear winner.
In the world of robo advisors, both Betterment and SoFi Invest (formerly SoFi Wealth) are heavy hitters. Betterment has a longer track record and more features, but SoFi Invest has no fees, so deciding which is right for you may come down to your financial situation.
SoFi Invest is a great low-cost option for millennials and new investors who are getting serious about investing for the first time. If you’re looking for more advanced account offerings or certain types of accounts, however, you may need to look elsewhere.