Author: Samuel Becker

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How to Pull Off a Mega Backdoor Roth IRA

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For those who earn an income that makes them ineligible to contribute to a Roth IRA, a mega backdoor Roth IRA may be an effective tool …

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What is the average rate of return for a 401(k) in the US?

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The average rate of return on 401(k)s is typically between 5% and 8%, depending on specific market conditions in a given year. Keep in mind that …

FeaturedLifestyleMoney

10 things to do instead of spending money

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A 30-day no-spend challenge is a set period of time — 30 days, in this case — during which you can only spend money on absolute …

FeaturedMoneyRetirement

Is $1M enough to retire at 55?

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  Who doesn’t want to retire early? If you have $1 million stashed away by age 55, you may feel like you have enough to leave …

Money

Crypto mining fees: An overview & fee calculations

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  There’s always a cost to doing business. And that includes mining cryptocurrencies like Bitcoin — a cost that is often expressed as a trading fee, …

HomesMoney

Blockchain in real estate: 4 benefits to know

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  While it may not seem intuitive, real estate is one of many industries with potential blockchain applications. In fact, blockchain may even provide a superior …

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What is NFT minting?

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You’ve probably heard of non-fungible tokens, or NFTs — and you may have heard that some of them are selling for big bucks. Still, NFTs are …

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What is Filecoin (FIL)? How to buy FIL

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By now most people have heard of established cryptos, like Bitcoin or Litecoin. But it seems like every day there’s another newcomer on the scene. Filecoin …

Money

What is Enjin coin (ENJ)? A beginner’s guide

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  Crypto investors have an increasing number of choices lately, including Enjin Coin (ENJ), which launched during the summer of 2018. Unlike many other crypto investing options on the …

FeaturedMoney

Crypto taxes 2021: How to pay taxes on cryptocurrency

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Over the past decade, cryptocurrency has slowly but surely become one of the hottest investments on the market. While many people were initially skeptical of crypto’s …

Money

How tax on mutual funds works

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For a long time, mutual funds have been a popular investment vehicle for millions of investors, largely because they offer an easy way to purchase no-fuss, diversified assets …

FeaturedMoney

The risks of playing the stock market

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To the uninitiated, the stock exchange can seem like a casino, with news and social media feeds sharing stories of investors striking it rich by playing the stock …