The drop shouldent come as something you get scared or angry about, see it as a blessing and opportunity to buy more shares. Buy the dip and reap the rewards.
In the financial sector retail banks have a long history of failing. Of course not all banks fail but a significant percentage do and I think that's why most long term investors as well as institutions are skittish when it comes to buying shares in banks. You can see this in their PE ratios and other valuation metrics. SOFI has no retail branch buildings and they target high net worth clients - mostly college educated. Additionally they are ranked number 68th in terms of size based on their $32B +/- in assets. I think the average monthly cost to operate a branch bank is about $30,000+/-. So given this data as well as their estimated growth I'm very comfortable with owning shares in SOFI for the long term.
i also hold on to my position im only a bit worried about 40mill ekstra shares thats a big dillution and i have not found what it was used to? anyone can explain that many shares added to outstanding shars?
💰 If you like this video, check out my free Asymmetric Investing Newsletter for more investment analysis: asymmetric-investing.beehiiv.com/subscribe?
The drop shouldent come as something you get scared or angry about, see it as a blessing and opportunity to buy more shares.
Buy the dip and reap the rewards.
Exactly
In the financial sector retail banks have a long history of failing. Of course not all banks fail but a significant percentage do and I think that's why most long term investors as well as institutions are skittish when it comes to buying shares in banks. You can see this in their PE ratios and other valuation metrics. SOFI has no retail branch buildings and they target high net worth clients - mostly college educated. Additionally they are ranked number 68th in terms of size based on their $32B +/- in assets. I think the average monthly cost to operate a branch bank is about $30,000+/-. So given this data as well as their estimated growth I'm very comfortable with owning shares in SOFI for the long term.
I feel like when SoFi gets into the S&P 500, that’s when those drops after earnings would finally stop
What are Galileo numbers
what do you think about their insane share-dilution?
EOY price target?
NU HOLDING BUY SOFI
Which stays cold longer SOFI (or) Intel…??
Both 🥶
i also hold on to my position im only a bit worried about 40mill ekstra shares thats a big dillution and i have not found what it was used to? anyone can explain that many shares added to outstanding shars?
Travis. Is a Galileo account an individual or enterprise?