 Finally What's up money geeks of V here welcome to another video guys so in this one We are going to take a look at so far social finance This is a company that we've covered here on the channel And I've been doing video on these company ever since they announced that they were gonna be going public through a merger with IPO E that was a ticker symbol of the spark that was taking them public. So to this video this Merger is complete. And so the ticket symbol has switched from IPO E to So far S or Fi so that's the new ticket symbol So wouldn't talk about that in today's video But before we get to the guys if you're new to the channel We took about how to earn money how to save money how to invest and build wealth So there's something that interests you go ahead and hit that subscribe button and a notification bell So you don't miss out on new content. So guys, this is exciting news for those of you That I've been following this stock because again, like I said when this company announced they were going to public They were in public. I was super excited. I jumped on I bought the stock I set it by the stock and keep loading to adding to my position and I think right now My average is sitting somewhere about $16 But again, this is a stock that I told you guys from day one I love the company a lot of people want to see everything put together People don't want to be signing in into 15 different accounts to manage the money as a matter of fact It makes the personal finance difficult for some people So so Fi comes in and fix that by bringing everything in house So if you want to invest as you can see here, you want a personal loan when a student loan refinancing You want to manage your money so your check deposit and all that good stuff You want a home loan you want a credit card you want private student loans you want insurance You want to see a credit score you want to track your budget you want to refinance your auto loan Everything on the one umbrella a lot of people like that so you can go in You deposit your paycheck. You can just distribute that into these different categories Which is to me it does make sense. So I really like the company again I've done an in-depth video and to this company so you can definitely see that here on the channel But today is just about that good news and I'm still Really looking forward to where this company is gonna go because I think this is just just the beginning We might even see a sort of a pullback after these initial merger pop But long term to me, this is a great company because you know Like I said, they're bringing all these things together and the difference is that you have bigger companies that have all these different things like the big banks So we're talking companies like US Bank Wells Fargo. They all have these different products but so far has simplified it to the point where most people Instead of our going into a bank and sitting there and going through and spending hours and hours to get approved for a loan With so far it takes about 10 minutes You fill out the form and you can instantly get approved or disapprove for any of the loans and you can do all these without even having to talk to anybody And you don't have to deal with that with people and all that stuff I know a lot of people like to deal with people but So far you have the option if you want to call somebody that's fine, but your system is really well automated to the point where Sometimes bringing somebody in the equation even slows you down more so than the automated system So that's one of the reasons why I really like this company Again, like I said the holistic money management to me is what really attracted me to the company because I see it I mean, I do have an account with them I have a money account with them and I have an investment account with them so far I'm not using all the other products But maybe down the road if I need a personal loan or whatever I would definitely check it out with it with so far to make sure that I'm getting the best rate that there is out there So that to me that is excellent. So again This stock came out just after them as the merger was completed today, June 1st If you can see here Came out of the gates spiked a little bit and then pulled back down to about $20 and in 50 cents And then just kind of stayed average there between 20 and 22 for the rest of the day And then after hours it kind of squeeze up to a higher or 23 about 23 30 Before pulling back sitting right now at 22 86 when I was doing this video. So I Anticipate a little bit push again to the upside this thing might go as far as testing maybe 24 25 dollars This week, but again now that the market again is still not really stable Especially a lot of the tech stocks You might see another pullback here before this thing. So for me, I'm in I'm in this for the long long haul I'm not just in this for let's say a quick gain So there's a difference between that and I've explained that several times on the channel That when you invest a long term you buy the dip and keep adding to your position If you're looking for a swing trade, you're just looking for that momentum You would have traded this today or you should have bought this on Friday to kind of write this wave back to that 23 or almost 24 dollars for a swing trade. So that would have been a strategy But again for me it's a long term. So I don't really care if it drops again I'm gonna keep buying because I believe in the company And their belief in the management and I have seen a lot of things that they do their products simplicity That's something that interests me. So again, if you can see here Just add on top of that. Not only do they have an excellent Suite of products, but if you can see here the company saw yeah over year revenue increased by a hundred and fifty one percent So again, they are making money. So their revenue is growing the company is growing and signing more Users and more millionaires are getting on board. You can see a lot of Gen Zs they're gonna be getting on board as well because We're moving from a traditional way of doing things Which was you have to go into a bank and talk to a banker to get a credit card and all that good stuff today All that is gone. People don't really care about that. So they can basically Get online fill out a few forms and you get approved for you know to start investing to get a personal loan Get a credit card and in all the other things that come with it. So that's to me That's one of the key reasons why I really like this company. So again, like I said, if you haven't already I have videos here where I talk in depth about the company really diving to all these different products But definitely do some research and check out so far. They don't really Have the name out there like the big banks But for million years and Gen Zs and people that love the online space You definitely find so far an interesting one So a lot of companies which is like in investing space. It just do all to do is investing I have other companies that just do loans and personal loans and student loans You have companies that just do or banks that just do money management Home loan, but if you have one that brings together all of this so you can log in into one Dashboard per se and you see your income you see how much you're sending into Investing how much is going into your student loan how much is going to your auto loan to your insurance to your credit card I mean like it makes the whole process of money management very very simple as a matter of fact It could be a simple budget If you want to look at it from that perspective because it shows you the breakdown of everything that you have which to me Speaks volume. So I like that approach again. Let me know in the comment section what you think about is Have you tried so far before or do you currently have a so far account? I'll put a link in the description if you want to sign up and check them out Definitely check out that link in the description and go see if it is a good fit for you Like I said, they offer pretty much everything you can even buy crypto currencies on this platform So I do have some Ethereum and Bitcoin that I bought on this platform You know, but they're about it back in 2017 and it's doing just wonderful and I love it So definitely again, go check out and see if it's something that you like again The big news here is that so far is now trading publicly on the NASDAQ their merger with IPO E Went through and June 1st was the first day that the companies started trading under your new ticket symbol SOFI So that's what we're going to cover here If you do have any questions again, don't hesitate to leave those in the comment section If you're new to the channel, we took about how to earn money How to save money how to invest and build wealth So there's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content also guys if you're looking to just strictly in invest People has their promotion right now where if you sign up and deposit a hundred dollars You get some free stocks links in the description in us always do your due diligence Don't be a greedy savage and stay motivated You