 Boom! What's up, money geeks? Mr. V here. Welcome to another video. So in today's video, we are gonna talk about one of our favorite here on the channel, SoFi. This is a FinTech company that we have covered here a lot. I try to give you guys updates, tell you when the dip is to buy or maybe to start looking at selling and all that good stuff. But again, in today's video, I wanted to talk about why the stock has been moving to the upside. We did a video most recently on SoFi where I told you guys that this stock was at a position where you should start loading up and now the stock is now in the moveback on the upside. There's two key reasons why it's moving and I'm gonna give you guys my price prediction and what to do coming up. But in today's video guys, 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 the notification bell so you don't miss out on new content. So when it comes to SoFi, this is a company that I've covered here on the channel a lot from the days that they went public through their merger. And again, now I still keep telling you guys information because to me, this is a long-term play. I kind of put SoFi in the same category as PayPal and maybe Square, even though the business model is a little bit different, but I see them doing that same in that same space or kind of like getting to that same price point in the future. Right now the company is still trying to build its reputation. So you're trying to build products and get people to kind of buy in, which they are slowly but steadily getting to that point. So for those of you that don't know what SoFi does, as a matter of fact, SoFi is a fintech company pretty much replacing what I'll call your traditional business model. And you guys know my strategy. I like to invest in companies that are innovative that are changing the way we do things. Think about you going to your traditional bank and asking for a loan. They have to run a background check. It takes a couple of days or maybe a week and they get back to you, give you information and then sometimes approve or not approve, then you have to fill out some forms, just that hassle. SoFi is trying to simplify that, bringing everything that you have into one platform. So if you're talking about investing, you're talking about personal loans, you're talking about student loans, you're talking about managing your money, you're talking about home loan, credit cards, private student loans, insurance, credit score, budgeting, auto loans, refinancing, all of that in one place. The beauty about this is that you look and you have a dashboard and you can see all these things. You don't have to go look into 10 different accounts to be able to see this. Some people say the downside is that there you have everything we want company, which I totally understand. But again, for simplicity, you want everything in just one spot where you can easily swipe your finger at the glance and you can see pretty much everything. They do crypto investing, so I kinda like it that you can automate everything and start investing and managing your money from there. So that's the reason why I like the company. So again, I do have SoFi, have an account with SoFi. I have a portfolio with them. If you're looking to try SoFi out in the links in my description, definitely check them out. Click on that link, go sign up. You probably get some free, either stocks or they give you free money for signing up. So definitely use my affiliate link. It's a win-win for you and for me. You sign up, you get some free money. I get some free money as well, so I appreciate that. But again, for long-term investors, I think SoFi is a good play. Before we even move forward, the reason why SoFi has been making move or that squeeze back to the upside, I think the first one in my personal opinion is that Jim Kramer actually recommended that people buy SoFi. So he added PayPal and SoFi and said, hey, if you're looking to buy, load up on PayPal as well as SoFi. Again, like I said, my personal take, and I've said this several times even before Kramer has mentioned this, that I think that SoFi is going to be the next PayPal or square in terms of value, in my personal opinion. So I'm happy that Kramer is coming around to that and actually telling people to buy. Because this thing is just trading at about $20 or $21 and some change. Let's kind of take a look here real quick. So you can see right here as when we're doing this video, SoFi is going to be sitting somewhere about $21. And he has a kicker. If you notice like when we got down to these price points right here, I was screaming here on the channel. I said buy SoFi, buy SoFi. And if you missed it, that's okay. It's not too late. I will still wait for you to pull back a little bit. If you can see here, we've gotten all the way to, this is back in June, all the way to about $24 and some change. And then pull back. Notice that we pulled back here. This is back in August. Bounce off that around $14 and some change. Squeeze again, bounce off of that and squeeze a little bit. Bounce off, so that $14 and some change right there has been kind of like a support for this stock. The last one was right here that it actually went up in September. This is about $18 here. Pull back a little bit but didn't really go back to that $14 and then bounce off again. But if you're looking for long-term, I would say at $20, I'm going to start buying and averaging my way because if you're just waiting for that magic moment where it drops to $14, if you don't have your orders sitting out there, it might drop during pre-market or after-hours and then you're not there by the time the market opens and squeezed back up. So you can do one or two things. Place an order, set it so that it doesn't expire. So good till canceled, GTC. And then set it so that your platform do allow you to trade during extended hours. Set it so you can trade during extended hours and then put your price point. I'll say even at $15, if it ever comes down to around 15, start loading up on this thing. And again, we have to give it time to really grow. So my goal is to load up as much as possible before the thing takes off. And because, I mean, my personal take, once this thing cracks 30, probably not coming back. It's probably going to keep moving forward because the company is actually doing amazing things. Those of you guys that are football fans, if you have been watching the LA Rams, the stadium is definitely named after this company called the SoFi Stadium. So they're doing things that are putting them out there slowly but steadily. And a lot of people are not noticing. One of the other things that I wanted to show you guys, that thing that made SoFi is the fact that they actually partner with Pagaya. So again, this is a company that allows other financial institution to do background checks or to kind of run your financial score. Right now we use credit score but this company is actually using artificial intelligence to kind of check your overall financial health not necessarily just based on credit. So they work with banks, they work with loan providers and obviously SoFi is a loan provider. They are currently working to obtain their bank license. So they want to be able to leverage this technology to kind of get a quicker information to you if you wanted to apply for a loan. How can we easily assess your financial history? Not just necessarily consumer reports that they talk about you but how do we know if you are really a good person that we should give a loan to? So it's a good partnership. So again, they're going around making all these acquisitions and establishing themselves so that when they start to move, they can move. Start showing some profitability. So reinvesting right now is the right thing to do. As soon as you reinvest, establish, build the platform to the point where it's robust and then you start making money. So again, right now I think SoFi has kind of a promotion where they're asking you to move your money over to SoFi. So if you transfer your checking account or whatever account you have to SoFi, you get rewarded for it. So definitely check the links in the description. Go out there, try SoFi. We haven't already, or if you're thinking of moving banks, I think for, again, this is mostly for people there and not on top of their money because this is gonna bring everything, that holistic picture into one spot where you can definitely go out there and manage your money. So definitely go check them out. So again, that's the reason why I do like SoFi. So just kind of a quick recap here. The reason that SoFi is actually squeezing here, like I said, I see two things, their current acquisition of Pagaya and also the fact that Jim Cramer talked about them and recommended them and put them in the same category like PayPal and Square for my personal research and opinion, I think they falls in that same category. So we'll see SoFi continue to move up. But at some point, if you are somebody that's looking to either string trade, you should be careful. If you're looking for long-term investment, then you'll find if you're buying this thing between 20 and $15, I mean, the goal is to hold it for three to five years and then kind of see that squeeze where we're hoping this thing would be over $50 and some change and continue to move up. So long-term investors just keep loading. Swing investors, you should wait. I wouldn't call you investors, but swing traders. I say wait for a really good pullback. Right now, you don't want to jump into a string trade when it's already squeezing up because at that point, you're late to the game. You want to get in when it pulls back, when it's dropping red, that's when you're buying because when this thing was dropping down to 17, 16, 15, that's when you should have loaded up and there it goes to this 20, 21, hopefully 22, you can sell for some profit and then see what happens. So again, this is again for long-term investors and if you have an account, you're not investing long-term. You're only trading. My advice to you would be, you should be able to separate trading accounts and long-term accounts. I actually done videos here on the channel where I show you guys why I have three main kinds of accounts. So if you haven't already, I'm gonna hook that video up here so you can definitely go check that out because it's very helpful for you to understand that. In that account, you're investing account, you buy, buy, buy, buy when you see the dips and you're trading account, you time the dip when you see it buy, it goes up to your target price you sell it and then your trading account, obviously if it's day trading, then you just buy and sell on that particular day. So definitely be smart about how you approach this. You let me know in the comment section how many of you guys currently have SoFi? How many of you guys currently are looking to get into SoFi and what do you think about SoFi? Do you agree that SoFi might be the next PayPal or the next square as I am talking about here or as Kramer just talked about in that article, you let me know in the comment section if you're new here, 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 the notification bell so you don't miss out on new content. Also guys, if you're looking to get started with investing, Weibo has the promotion too that you can sign up and get some free stacks. Deposit five dollars, you get free crypto, free stacks at no cost to you. Links in the description. And as always guys, do your due diligence. Don't be a greedy savage, stay motivated.