SG 88
2022-08-05

$SoFi Technologies Inc.(SOFI)$a social lending platform largely impacted by any changes to the Fed's interest rate hike. 

Having a hybrid savings and checking account with perks is not a bad thing, especially for low to mid income earners that is on monthly paycheckls.

•With 1.5% interest on savings with no minimum balance required 

•No monthly maintenance fees charge

•overdraft coverage up to $50, no overdraft fees

•get 2 day early payday

•Remote deposit check via smartphone

•Cash back when you maintain monthly deposit of $500

•Consolidated loans allowing you to borrow up to $100,000 with no origination fees with some cash bonus up to $1,000

•one credit card that offers rewards you if save, invest or pay down your Sofi loan earning unlimited 2% cash back

•the credit card also offers 1% lower rate if minimum payment is made on time for 12 months 

•the ease of use on Sofi App with rating 4.4 out of 5 for Google Play and 4.8 out of 5 for Apple Store

With so much happening recently, one way to have some savings at the end of day is to find alternative streams of income as well as alternative savings.

Sofi might provide the solution to mass population, innovation and understanding consumer spending and purchasing power remains the key in "hacking" the market at large.

Sofi post great opportunities, whether sustainable to invest remains the ultimate answer which we all want have a peak on.

@TigerStars


SOFI: Up 28%! What is Your Target Price After Earnings?
SOFI stock jumped 28.39% on Wednesday, a day after the financial services company posted record quarterly revenue and raised guidance for fiscal 2022. 【Topic with Rewards】 What's your target price on SOFI after earnings?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • matthew_more
    2022-08-05
    matthew_more
    Me too, is a FIRE practitioner, I scrimp on every cents to achieve that goal. It is a personal choice and FIRE is NOT for everyone.
    And i share my tips and tricks in my youtube channel sgFIREmovement.
  • MortimerDodd
    2022-08-07
    MortimerDodd
    I'm very optimistic about SoFi's future performance.
  • BellaFaraday
    2022-08-07
    BellaFaraday
    Do you think a rate hike would be good for this company?
  • Evey77
    2022-08-08
    Evey77
    Waiting for price to go higher
  • HilaryWilde
    2022-08-07
    HilaryWilde
    I'm not happy with SoFi's cash flow.
  • DonnaMay
    2022-08-07
    DonnaMay
    SoFi is a bit of a wild card, so be careful.
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