This page consists of investment related blog posts. Here you will find FinTech or investment app reviews and comparisons and you will learn about different ways to invest for retirement, for fun, for real estate, for your health, and for your education. Invest at your own risk.
In 2020 I heard about the $1000 challenge between the online Finance community. It is a 1-year challenge where you invest $1000 in any way you want to see who makes the most money. Since the $1000 challenge has been around for a while, no one has done this challenge in recent times. I thought it would be an interesting experiment to try during the Pandemic. Because I run a personal finance blog, I decided to expand my experiment. I…
Based on my research, interests, and historical data, I believe these are the top tech stocks for 2022. Remember the title is "My Stock Picks". Be sure to do your own research before investing. Block (SQ) On December 1st, 2021, it was announced that Square changed their company name to Block. Square, the payment processing company popular with small businesses, still exists as a brand itself. Block is now the parent company that owns Square. Here are a few reasons…
The Backdoor Mega Roth Conversion is a process used to build after-tax wealth in your Roth IRA. With the small $6,000 annual limit ($7,000 catch up limit) of the Roth IRA, it is difficult for investors to reach more than $1 million in their Roth IRA account. In addition, those who make a certain amount of money can no longer contribute to a Roth IRA. If you are filing single and your modified adjusted gross income is more than $139,999.99…
As a personal finance blogger, I have multiple investment, bank, and line of credit accounts. I need to have these accounts in order to discuss or recommend certain companies on Finance Throttle. As I was reviewing my Betterment Roth IRA account, I read that I have $1,500 left before I reach the 2021 contribution limit of $6,000. With 1 month left before the end of 2021, I remembered that I have another Roth IRA with M1 Finance. All of my…
My father-in-law is 65 and is just learning about Medicare, the Federal Health Insurance. As I did the research for him I thought, why not write a blog post about it? I was surprised to learn that there are specific times for signing up and penalties for late sign ups or not signing up at all. When you sign up for Medicare, you have two options. You can sign up for the original Medicare Plan or Medicare Advantage, but more…
Zillow is the most visited real estate website in the United States. It is a service that allows you to find, buy, rent, and sell your home. Zillow has been in the spotlight in recent weeks due to the fact that they buy and sell homes directly. Long story short - they lost millions trying to flip homes. As a Zillow customer myself, I listed and sold my home through Zillow without an agent and saved over $15,000 in agent…
Physical Inventory is an annual process where a business physically counts their entire inventory. Common in manufacturing and warehousing, physical inventory is a mandatory all hands on deck process lasting anywhere from one day to one week. This laborious process involves counting, weighing, and measuring raw and in process material, but why do companies disrupt production and shipping for a physical inventory count? Roles and Responsibilities The Physical Inventory Process is typically owned by the Supply Chain, Materials, Finance, or…
Last week, Bitcoin crashed by nearly $9,000 after reaching an all time high of $66,999. This caused all crypto's to drop and consequently encouraged thousands of people to buy the dip. With all of the attention on Bitcoin, I thought I should remind people why Bitcoin is still expected to reach $500,000 within the next few years. Bitcoin and other cryptocurrencies have been catching on. A growing number of companies have been accepting and investing in Bitcoin. Paying with bitcoin…
If you have a full time job, it's that time of the year. Time for the Holidays and time for Annual Benefit Enrollments. When signing up for your healthcare plan, your employer may offer you several choices. Deductibles You can go for a low deductible plan or a high deductible plan. Low deductible plans typically have co-pays for different medical services. These co-pays can vary from plan to plan but they can be as low as $10. Low Deductible plans…
At the beginning of 2021, I got the crypto bug and started investing in Ethereum and Bitcoin through Coinbase where I earned $10 in free Bitcoin when I signed up. My friend introduced me to Bitcoin mining as he has been doing since 2013. He had 8 or 9 mining rigs setup in his house and was making $100 per day. Mining Bitcoin is the process of verifying transactions on the block chain. By mining, you are lending your computer's…
