Financial Literacy

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.

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.

What is Salvage Value?

Salvage value is the estimated book value of a depreciable asset at the end of its expected useful life that helps calculate depreciation.