Investing Archives |

Staking

What is a staking reward?  Have you even heard of staking or staking rewards? Staking rewards are an incentive that blockchains provide to participants. Each blockchain has a set amount of crypto rewards for validating a block of transactions. When you stake crypto...

Decrease in accounts for retirement

One client this tax season was asking me what I thought the economy was going to do in the near term, this gentleman is slightly older than me. I started by reviewing that 2021 was a gangbuster year, that most of my accounts had hit their highs and that I was pleased...

FOMO

Do you feel a certain amount of dread for not owning cryptocurrencies or being part of the latest stock sparking conversations on Reddit, but don’t feel the need to jump in?  If so don’t worry. According to Scott Newhouse, a financial planner stated“It may feel like a...

Bitcoin as an investment

Have written before about Bitcoin and virtual currencies.  I am not a fan.  People whom I expected to embrace virtual currencies are avoiding them and other are embracing them, who I thought would never touch them. But now investors now have a new option for gaining...

Dividend Income Attacked

President Biden wants to increase the tax on dividends.  I find this a bit shortsighted; since he apparently has never invested in the stock market throughout his life (can this be true?) The value of those dividends is then an unknown entity. Not all have federal...

Taxation of Long Term Gains

Long-term capital gains have favorable rates, over ordinary income. Profits from the sale or exchange of capital assets held over a year are generally taxed at 0%, 15% or 20%. There’s also the 3.8% surtax on net investment income of single filers with modified...

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