When investors evaluate which bonds to buy, they often take a look at yield to maturity (YTM), the total rate of return a bond will earn over its life, assuming it has made all interest payments and repaid the principal. Calculating YTM can be complicated. Doing so takes into account a bondâs face value, current […]
The post Understanding the Yield to Maturity (YTM) Formula appeared first on SoFi.
A paper wallet is just what it sounds like â a crypto wallet made from a piece of paper. It contains a private and public key pair for making crypto transactions. Typically, a key generator program creates the key and prints it on paper in the form of two QR codes and two strings of […]
The post What Is a Paper Wallet? How Paper Wallets Work appeared first on SoFi.
While Tezos (XYZ) may sound like the name of a rare gem or a hotel in Santa Fe, itâs yet another crypto that investors can add to their wallets. Below, weâll cover the basics of Tezos and what youâll need to know if youâre considering adding it to your crypto portfolio. What is Tezos (XTZ)? […]
The post Everything You Need to Know About Tezos (XTZ) appeared first on SoFi.
A Bitcoin faucet is a way to get free cryptocurrency. Of course, nothing is really free, and faucet users have to do something to get rewards from a faucet. Before learning more about crypto faucets, itâs important to take note that some people have used Bitcoin faucets to create scams in the past. There could […]
The post What Is a Bitcoin Faucet? How Bitcoin Faucets Work appeared first on SoFi.
Investors who trade securities through an online brokerage account or margin account may see references to buying power or excess equity when reviewing the amount of money they have available to purchase securities. So what is buying power in stocks, exactly? In simple terms, it determines an investor’s ability to make trades at any given […]
The post What Is Buying Power? Definition and Formula appeared first on SoFi.
When opening a brokerage account to invest in securities, investors can choose between a margin account or a cash account. There are reasons for choosing either account, and itâs important for investors to understand them both in order to make the best decision for their own financial goals. The main difference between the two accounts […]
The post What is a Cash Account? Margin vs Cash Account appeared first on SoFi.
While NFTs have been around since the launch of Bitcoin in 2009, the market has only recently taken off. Non-fungible tokens (NFT) have become one of the biggest crypto crazes of 2020 and 2021. NFT sales totaled $95 million in 2020, and in just the first half of 2021 sales reached nearly $2.5 billion. Digital […]
The post How to Create, Buy, and Sell NFTs: Easy Guide appeared first on SoFi.
After-hour trading is stock trading that occurs after the normal close of the trading session. Ordinarily, stock trading begins at 9:30 a.m. ET and ends at 4 p.m. ET, Monday through Friday. The after-hours trading period begins where the regular trading day leaves off. Trading after hours may appeal to investors who have limited time […]
The post What Is After-Hours Trading? appeared first on SoFi.
Volatility is a measure of how much and how often a security’s price or a market index moves up or down over time. Higher volatility can mean higher risk, but it also has the potential to generate bigger rewards for investors. Meanwhile, lower volatility is typically correlated with lower risk and lower returns. Developing a […]
The post What Types of Stocks Do Well During Volatility? appeared first on SoFi.
What Is Volume-Weighted Average Price (VWAP)? The volume-weighted average price indicator (VWAP) is a short-term trend indicator used on intraday charts (time frames that occur throughout the day, e.g., 1 minute, 5 minute, 1 hour, etc.). It measures the average price of a stock weighted by trading volume and shows up as a single line. […]
The post Complete Guide to the Volume Weighted Average Price Indicator (VWAP) appeared first on SoFi.