 I love it What's up money geeks, mr. V here welcome to another video guys so in this video I want to talk about ticket symbol ipo e Social capital So I've talked about this company here on the channel and again I want to just emphasize why i'm even more bullish on the company right now So before we get started if you're new to the channel We talk about how to earn money how to save money how to invest and build wealth So that's something that interests you go ahead and hit that subscribe button and your notification bell So you don't miss out on new content So guys i've actually covered in one detail with social capital If you didn't watch that video i'll hook it up here so you can definitely go check it out in this video I just want to focus on some of the key things or move that social capital is doing Or social finance. Excuse me guys Social finance is doing That I think is positioning them to be what I thought they were going to be in the future the next square So let's look at the news here if you can see So far to buy community banks In 22.3 million deal to speed up chatter So again to me they are not only starting to do online They are also looking to start doing some offline stuff stuff because not everybody is comfortable Doing online banking. So I think this is again an opportunity for them to position themselves as the next square again More news about it. And I think this is this is great news So if we look at this stack right now as we're doing this video Um ipo e Again, this is just i'm going back a few months back so we can just see the full chart This so the stack was just this is just a spark right here You say this big green candle. This is when they made the announcement that they were gonna take So far public. So you see that spike right there. We got in here. We got in about 15 I think about 15 dollars right here when the news just came out and then again I've been slowly adding to my position and right now look at that when it went to a high of 28 And then this recent pull back that brought the stack down I added more to my position. So and that's why i'm doing this video because If you didn't get a chance to get in last time This is probably a great opportunity for you to get into the stock under 20 dollars So I still really like it and I see them becoming the next Square and the reasons are obvious If you can look here at to some of the stuff that they do again I've covered this in detail in my recent my other video So they talk about you know, they do credit cards. They do money management They do investing personal loans student loan refinancing private loans So everything that you would go to maybe different places to go do you can do that in one spot The advantage of that is everything is easy for you to manage your rates are comparable You can compare your rates with any other provider out there. They can actually be those providers So that's something I really like about them and they obviously just small business financing So definitely do some research on the company. A lot of people don't know about them If you can see they do Investing I do have an account with them and I've I've had an account with them for a long time I do have some money in that account Even though I'm not adding more into the account which I should start adding more because I pulled out my everything out of Robinhood Right now I use we both are trading But I'm going to use SoFi Stop putting some money there to kind of replace what I had with Robinhood So I'm super excited about this move. This is just even more Of our move that gives me The confidence that my my take on this company as the next square is definitely true I say this thing in the next five years or so being just as much as square in terms of The valuation and even just the price so currently trading on the 20 bucks now We'll see how that goes again. This is my prediction. I'm looking at this long term This is not a swing trade even though again guys, there's an opportunity to swing here This one I'm holding long term. So I wanted to make sure that you guys have that info Let me know in the comment section what you think about is if you're new to the channel We'll talk about how to earn money how to save money how to invest and build wealth If that'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, if you're looking to get started investing Weibo has that promotion where if you sign up and deposit a hundred dollars You get some free stocks links in the description below and as always guys Do you do the elegance? Don't be a pretty savage and stay motivated