Cult of Money

Most of the time, I’m a boring investor. The majority of my portfolio is in index products — mutual funds and ETFs that follow broad-based market indexes like the S&P 500.

But a portion of my portfolio includes experiments that could be considered speculation or even gambling.

Earlier this year, I ran a Dogecoin experiment and almost doubled my money in what was a wild ride of a few weeks. Along the way, I learned a lot about myself, as well as my emotional risk tolerance.

As cryptocurrencies become more popular, some savers wonder how they can include them in their tax-advantaged retirement accounts like a 401k or IRA.

Investing in crypto in these accounts is possible — depending on who your custodian is — but it can also be tricky and often requires extra steps. 

If you’re interested, though, here’s what you need to know about how to invest in crypto in your IRA or 401k.

Digital assets, like cryptocurrency and non-fungible tokens (NFTs), have been growing in popularity and are being purchased more than every before.

But what happens when you sell your digital assets?

Well, you might make some money if the cryptocurrency or NFT you bought has increased in value. At the same time, though, Uncle Sam will want a cut of your gains. 

If you sell digital assets, you need to be ready to pay taxes. Here’s how it works and how crypto and NFT tax rates are determined. 

Is your child ready to earn his own money? If so check out these ten great ways for kids to make money.

No matter how much money you make it is possible to still save. Here's a real life example of how to save emergency fund on a low income.

Perpetual contracts (sometimes called perps) are derivatives that don’t have an expiration date. Here's how they work and what the implications are for cryptocurrency investors.