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Despite ongoing media coverage of Meta, the parent company of Facebook, a recent survey from Hub found that 46% of respondents didn’t know about the metaverse. Another 33% only heard “something” about it. And, of those who had heard of it, nearly 70% weren’t very confident in describing it. The metaverse shouldn’t come as a…
Do you want to increase your wealth and achieve financial independence? If so, you need to start building multiple streams of income. Diversification, or utilizing more than one of the seven income streams at a time, is one of the best ways to strengthen your net wealth over time. Each income stream has its advantages…
Saving and working hard will not generate wealth. You have to put your money to work. Cutting expenses to keep money stored away in your savings account will cost you more in the long run. The best place to put extra cash is in income-generating assets. These assets build value and produce income. Investing your…
Whether you realize it or not, the phrase “scared money don’t make money” impacts your thoughts, feelings, and behaviors with money. When it comes down to it, “scared money don’t make money” represents the difference between an abundance and scarcity mindset — two opposing mentalities that influence how we think and act with money. So,…
If you’re an owner of an exchange-traded fund (ETF) or index fund, chances are they are from either Vanguard or Blackrock. These two companies are the powerhouses in the industry. Vanguard has $7.9 trillion in assets under management, and Blackrock has $9.5 trillion. This post will take an in-depth look at Vanguard vs. Blackrock funds…
The Mega Backdoor Roth takes investing in a traditional 401(k) to the next level for high-income earners. If you meet the eligibility requirements, you could stash an extra $41,500 for retirement in a Roth IRA. However, it’s complicated, and mistakes can be costly. Although the mega option is similar to the backdoor Roth IRA, they’re…
Putting your money to work is nothing new. We’ve always known that it takes money to make money. Nothing’s free in life. But, how does investing work? Where do you find investments? Understanding the answers to these questions is foundational to your success as an investor. Don’t worry. It’s not difficult to learn. It’s different—a…
The first known commercial use of Bitcoin was a purchase of two pizzas in 2010 by programmer Laszlo Hanyecz for 10,000 BTC, which is equivalent to roughly $400 million at today’s valuation. Most people had never heard of Bitcoin in 2010, and even fewer would have considered it an investment-worthy asset. But a decade later,…
You may recognize the phrase “money isn’t everything.” Maybe you heard it from a parent or teacher when you were a kid, or perhaps you picked it up as an adult. If you’ve ever caught yourself saying this, this post is for you. Contrary to popular belief, money is everything — but maybe not for…
Who is the richest person in the world? In this article, we’ll go into the world’s top billionaires in more detail. According to Forbes Magazine, the number of billionaires rose to 2,755 billionaires globally and added 400 names in 2021 alone. Most of them obtained their fortune from hard work and investing in their dreams. Would you like…
If you are following the adoption of 5G also known as fifth-generation wireless technology, you could be wondering if now is a good time to start investing and what the best 5G stocks to buy are. This post highlights 12 5G stocks that I believe should be on your watch list, they are: Qualcomm Stock…
2021 was the year of cryptocurrency, with popular coins like Bitcoin and Ethereum growing to all-time highs. Of course, Bitcoin and Ethereum are somewhat “established” in the world of crypto, and hence their rise shouldn’t have been too big of a surprise. However, when it comes to investing in cryptocurrencies, there’s one coin that has…