Alright. I finally broke down and bought into Bitcoin earlier in the year. My journey into cryptocurrencies was far from smooth. I’m now speculating the cryptocurrency through direct ownership using Coinbase Pro and through the Grayscale Bitcoin Trust (GBTC), and I can confidently say that I now know how to speculate in the space reasonably […]
Investing
An interesting offer landed in my inbox the other day from E*Trade. The email claimed that with just a few clicks, I can agree to let the firm lend out some of the shares I may own now or in the future for an estimated $671 a year in passive income. With the E*TRADE Fully […]
Timeshares are vacation properties that several people share partial ownership of – usually over a time span of about 25 years. They’re typically located in exotic locations that are popular tourist destinations. Starting in Europe in the 1960s, the concept of timeshares spread quickly to the United States. They became a huge trend with seasonal […]
Many of you know about the 4% retirement withdrawal rule, which claimed that a retiree can withdraw 4% from their nest egg each year, adjust the amount for inflation, and have it last for 30 years. The 4% rate is pretty much the gold standard when it comes to retirement planning since the Trinity report […]
I’ve been warming up to the idea of converting part of my 401k to a Roth for some time. The gist of the tax maneuver is to pay the taxes upfront on the conversion, and then the money that’s converted will be forever tax-free. There are several benefits of a converted Roth IRA for a […]
Did you know that your great grandfather could’ve turned $3,000 into a $41 million family estate if he just stayed invested in either the Dow Jones Industrial Average or S&P 500 since 1920? I read a fascinating piece recently from Barron’s as part of their celebration of the publication turning 100 years old. They dug […]