The Best Financial Stocks to Buy With $1,000 Right Now

It might seem like a risky time to invest in financial stocks. As interest rates decline, traditional banks will generate less interest from their new loans and attract fewer savers. As the gap between their earned interest and paid interest shrinks, their profits will decline.However, higher-growth fintech companies -- which attract users with a broader range of digital banking services -- could still be great long-term investments as they draw customers away from those older banks. Let's take a look at two of those stocks -- SoFi (NASDAQ: SOFI) and Nu (NYSE: NU) -- and how they could turn $1,000 into a lot more money over the next decade.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool