Financial Literacy

What is a Trailing Stop Order?

A trailing stop order is a stop-loss policy where a sell order is executed once the stock’s price drops by a specified percentage.

What are Taxable Investment Accounts?

Taxable investment accounts are investment accounts that are taxed at a standard rate. They do not have tax-advantaged benefits.

What is a Share of Stock?

A share of stock is a unit of investment that represents ownership in an entity. Shares are usually issued when companies or funds want to raise capital.

What is a Shareholder?

A shareholder is any person, company or organization that owns one or more shares of a company. This ownership stake is an investment vehicle.

What Is Short Selling?

Short selling hopes prices decrease so they can buy back the shares at a lower price and keep the difference. This carries high risk.

What is a Sole Proprietorship?

A sole proprietorship is owned by an individual, and the individual is responsible for all debts of the business. It is not a separate entity.

What is the Securities and Exchange Commission (SEC)?

The Securities and Exchange Commission (SEC) is a federal organization that governs and enforces the laws of the security industry to protect investors.

SoFi Stock News – SoFi Partners with Pagaya

The company has partnerned with Pagaya (a fintech company) and plans to integrate Pagaya’s tech into SoFi’s product offerings.

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