401(k) Contribution Limits Have Increased For 2018

The start of a new year brings with it many things and I’m not just talking about a bunch of resolutions you will break before February first rolls around. I’m talking about important stuff - stuff that will alter your paycheck. Your Paycheck Is Going To Change New tax rates go into effect at the first of the year, so you’ll likely notice the amount you have withheld in taxes changes. You could end up with a slightly bigger or smaller paycheck...

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Option Writing For Passive Income Part Two

Back in August, I wrote about making passive income by selling cash backed naked puts. If you haven't read that post, I suggest you first go back and do that now. After four months of doing this, I thought I'd post about how it's going so far. I made four trades total, each time selling 5 or 6 contracts with an expiration date three to four weeks out. Details of three of those trades can be found at these two posts. The fourth trade ended the...

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Cryptocurrency Update

Back in July, I wrote about how some people are putting their retirement savings into cryptocurrencies like Bitcoin or Ethereum. This is incredibly risky and stupid. However, if you have some extra money you can afford to lose, gambling money, if you will, it might be fun to experiment with cryptocurrencies. As I mentioned in that post, that is what I did. My Experience With Cryptocurrencies I initially purchased $200 worth of Ethereum around...

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Goal Update: End Of November, 2017

At the end of each month, I post an update of my goals, including a brief discussion of any notable events that might have occurred during the month. The latest month's figures can always be found under the Featured menu in the menu bar at the top of the blog. Last updated: End of November, 2017 Current value: $37,550 Change from last Month: +1,385 Percent of Goal:  34.53% Note that the funds in this account...

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