Personal investing
This 30-calendar year-aged mother stop her task at Amazon. Now she makes $40,000 a month in passive profits: ‘I perform just 2 several hours a day’
In 2021, I acknowledged a job at Amazon as a source manager for an annual wage of $124,000. I was 29, and it was the most money I might ever been presented. I also commenced two aspect hustles earlier that year to carry in further money. My partner Jay and I experienced just purchased our […]
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Here’s how the BlockFi bankruptcy may affect your crypto taxes for 2022
It is thought the new U.K. government’s mini-budget may have made buying a house even more difficult. Photo by LanaStock via Getty Images Crypto firm BlockFi on Monday filed for Chapter 11 bankruptcy, two weeks after the collapse of crypto exchange FTX, further complicating taxes for investors during a difficult year. BlockFi, which offers an […]
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It’s been a rough year for crypto — but investors still may have a tax bill. Here’s how to prepare
After a rough year for cryptocurrency, taxes may not be a top priority for digital currency investors battered by steep losses. But the falling crypto market and the recent collapse of digital currency exchange FTX may affect next year’s tax bill — and beyond, according to financial experts. Despite recent losses, “gains from earlier in […]
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5 key personal finance issues this midterm election season — and what they mean for your wallet
As Americans head to the polls, several key personal finance issues are weighing on voters’ minds and wallets. This week, the Federal Reserve enacted its fourth consecutive 0.75 percentage point interest rate increase to fight inflation, triggering further stock market losses. Meanwhile, recession fears are growing, with 84% of Americans worrying how a prolonged economic […]
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Demand for Series I bonds crashes TreasuryDirect ahead of key deadline to secure 9.62% rate
Shapecharge | E+ | Getty Images Investors crashed the Treasury Department website for Series I bonds on Friday as they clamored to lock in a record-high interest rate before a key deadline. I bonds have proven to be a bright spot for investors amid declines in the broad stock and bond markets this year. They […]
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Homebuyers are making the biggest down payments in these 5 metros. Here’s how much you actually need for a house
nd3000 | iStock | Getty Images Despite signs of a cooling housing market, home prices are still relatively high, resulting in bigger down payments. Over the past year, average down payments in the country’s 50 biggest metros have grown by more than 35%, according to a LendingTree report, based on 30-year fixed-rate mortgage data from […]
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Your last chance to secure 9.62% annual interest for Series I bonds is Oct. 28
Insta_photos | Istock | Getty Images If you’re eager to secure 9.62% annual interest for Series I bonds for six months, the deadline is quickly approaching. You must purchase I bonds and receive your confirmation email by Oct. 28 to lock in the record 9.62% rate, according to TreasuryDirect. The rate is expected to drop […]
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This 28-year-old’s side hustle brings in up to $267K per year
When Domonique Brown was growing up, she was the only Black kid in her class. “It was definitely tough for me to find things that represented me,” she said. She remembers how her father would go out of his way to find a store that had images of Black families on greetings cards, and how […]
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There’s still time for big savers to use ‘after-tax contributions’ to funnel more into 401(k) plans for 2022
If you’ve already maxed out 401(k) plan contributions for 2022 and you’re eager to save more for retirement, some plans have an under-the-radar option, experts say. For 2022, you can defer $20,500 into a 401(k), plus an extra $6,500 for investors 50 and older. But the total plan limit is $61,000 per worker, including matches, […]
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This 37-calendar year-previous stop her occupation and now makes $10,000 a thirty day period in passive money: ‘I needed to be my individual boss’
In 2013, I was working as an engineer and earning $80,000 a yr. But I felt unfulfilled by my position, so I began a food site known as Delish D’Lites. Soon right after, I was laid off from my work. At the time, it felt like a setback. But it was essentially the start off […]
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