Financial Planning articles
How to stake coins and generate income
Mining cryptocurrencies have become exclusive to large players who can pay for extremely expensive equipment and huge operating costs. Because of this, proof of stake has been the go-to alternative for confirming transactions and earning digital tokens.
Even if you’re not trading or mining cryptocurrencies, you can still earn passive income...
What is the metaverse?
Recently, Facebook announced its move to invest more in the metaverse. Facebook also rebranded its name to Meta in line with its plan to move from a social media company to a metaverse one.
While the concept of the metaverse is nothing new, interest in it spiked dramatically as digital ownership...
Work Test For Making Super Contributions
When you reach senior age and are able to enjoy your super, will you still be able to make contributions toward your super? It’s possible if you know the rules and the limitations to this.
What is the Work Test?
Satisfying this work test allows you to make voluntary contributions to your...What Are Pre-tax Super Contributions?
Do you want to increase your super contributions? Whether you’re employed or self-employed, you can make voluntary contributions to your super that you can enjoy upon retirement.
Salary Sacrifice
Salary sacrifice is a form of pre-tax contribution to your super account. The goal is to put more into your retirement savings and...Can Your SMSF Buy Crypto?
Cryptocurrency assets have shown stellar gains these past months, but adding them to your SMSF portfolio can be quite complex. There are several regulatory requirements to be considered that indirect exposure to the asset class via a third-party provider can be a more practical option.
Still, if you want to use...
Creating A SMSF Investment Strategy
As an SMSF trustee, you have control over your finances. It’s up to you to pick good investments and decide on the best strategy that will help grow your money faster and get closer to your financial goals.
What assets do you want to invest in? Will you stick with stocks,...
Who Can You Leave Your Super To?
Your super savings are the fruits of your labor and can be the key to a more comfortable retirement in the future. But in case you pass away, you won’t be able to fully enjoy your hard-earned money. The good thing is that you can nominate a person as your...
The Blockchain Technology and Its Relationship With Cryptocurrencies
Blockchain technology consists of complex processes to ensure the safety and authenticity of the entire system. While it can be complicated, its core concept can be defined to make it easier for you to understand what it is all about and how it makes cryptocurrencies reliable.
The Blockchain Technology
The blockchain is...
The Value Of Cryptocurrency and Its Commercial Uses
Cryptocurrencies continue to increase in value and popularity today due to a variety of reasons. These factors drive the prices of these digital assets, creating volatility and opportunity for everyone to take advantage of.
But what specifically are these factors that make cryptocurrencies valuable? How are digital currencies used commercially in...
Crypto’s Rise in Popularity over the Past 5 Years
You may have heard about cryptocurrencies, especially with how everyone seems to be putting their money in them. But how did digital currencies exploded in popularity when they have been in existence for quite some time now?
Here is a timeline of the biggest news in the world of cryptocurrency that...