Have you ever found yourself staring at a large check and wondering, “Can I just walk into my bank and deposit this?” If you’re holding a $20,000 check, that’s definitely a valid concern! The simple answer is yes, you can deposit a $20,000 check—but there are some important things you should know before heading to … Read more
Don’t Miss These Critical Deadlines for Tax-Loss Harvesting Let’s face it – nobody likes losing money on investments. But if you’ve got some losers in your portfolio, there’s a silver lining: tax-loss selling. This strategy can help soften the blow by reducing your tax bill, but only if you beat the deadline! I’ve been tracking … Read more
Ever found a George Washington dollar coin and wondered if you’re holding a small fortune? Despite what many folks believe, these aren’t actually made of gold – but they can still be worth more than face value under the right circumstances. Let’s break down what these Presidential dollars are really worth and which ones might … Read more
ELSS stands for Equity Linked Savings Schemes. These are tax-saving Mutual Funds that invest primarily in equities. You can get the dual benefit of wealth creation and tax deduction under Section 80C of the Income Tax Act. ELSS funds have one of the shortest lock-in periods of just 3 years among all tax-saving investment options. … Read more
As someone who’s been helping folks navigate the investment world for years I get this question all the time “Is Vanguard good for beginners?” The short answer? Absolutely yes! But there’s more to it than just that. Vanguard has built its reputation on offering low-cost, straightforward investment options that don’t require a finance degree to … Read more
The Dream of Getting Rich Through Investing Let’s be honest – most of us have wondered if we could strike it rich through smart investing. With platforms like Robinhood making investing more accessible than ever, that dream feels closer to reality. But can you actually get rich using Robinhood? I’ve been researching this question extensively, … Read more
In 2013, Wall Street Journal Columnist Jason Zweig lamented the challenges of making consistent advice sound fresh: “My job is to write the exact same thing between 50 and 100 times a year in such a way that neither my editors nor my readers will ever think I am repeating myself. That’s because good advice … Read more
When you invest in the mutual fund market, you have a medium-to-long-term goal in mind. Because there is a diversity of schemes available, you can pick the one(s) that best meets your goals. For many investors, stable returns is a priority as opposed to, say, high returns that come with high risk. If you belong … Read more
Bankrate is always editorially independent. While we adhere to strict , this post may contain references to products from our partners. Heres an explanation for . Our is to ensure everything we publish is objective, accurate and trustworthy. Bankrate logo Founded in 1976, Bankrate has a long track record of helping people make smart financial … Read more
Cryptocurrency exchanges have become pivotal in the digital finance world, offering a platform for users to buy, sell, and trade various cryptocurrencies. However, as the popularity of cryptocurrencies has grown, so have the risks associated with fraud. While fraud often focuses on bad actors exploiting these platforms, a critical question arises: can cryptocurrency exchanges themselves … Read more