What is a Hedge Fund and Should You Invest in One?

If you’re looking for a new investment account, or you’re brand new to turning your money into more money, a hedge fund is no doubt an option you’ve come across. But what is a hedge fund, you ask? Can anyone invest in one or is it just for the bigshots on Wall Street? We’ll clear up all your questions below and look at the difference between hedge funds and other

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How to do independent contractor taxes

Independent contractor taxes can be a bit tricky if you’re used to filing a traditional 1040 form like most “regular” full-time employees.  As with most taxation, there’s a lot of confusion (and even deception) around the topic. That’s because, when you’re a sole proprietorship, business owner, or self-employed individual you’re taxed differently than when you’re simply an employee.  So it can get tricky. But don’t worry: Understanding and dealing with independent contractor

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Freelancer Rates: How to set them and raise them

Deciding on a freelance hourly rate can be nerve-wracking — especially if you’re a beginner freelancer.You don’t want to charge too much and lose potential clients. On the other hand, you don’t want to undersell yourself and lose out on potential profits.So what’s a new freelancer to do?Luckily, there are three proven systems that you can use to find a good freelance hourly rate to start with. I’m going to walk

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Book Review: Rich Dad, Poor Dad (this books irks me)

I decided to start reviewing some books that I read, and the first one up is Rich Dad, Poor Dad. I’ll do books on personal finance, entrepreneurship, and whatever else I think is cool. (If you have books you like, let me know.) Speaking of books, you can download the first chapter of my New York Times Bestselling finance book, I Will Teach You To Be Rich, below.I have grudging

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3 reasons why business cards are dead (& what to do instead)

Are business cards dead? I’ll tell you this; in my 1 year of knowing Ramit there’s one topic I dare not bring up to him for fear of his old testament level wrath. What is that topic you might ask?Business cards. It is no secret that Ramit HATES business cards. However, I understand why people tend to give them so much time and attention. Business cards are something people just assume

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How to not be shy: 3 steps to end shyness (for good)

Are you the type of person who desperately wants to improve your social life and make new connections, but just can’t seem to break out of your shell? Let’s talk about how to not be shy.If you’re familiar with Ramit’s story, then you know he’s been in that exact same place. Although he may come across as confident and polished now, it wasn’t too long ago that he used to be

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How to Start a Blog

I started a blog that lets me write about the things I love, share ideas with an audience of awesome readers, and has turned into a multi-million dollar business. If you’ve been daydreaming about creating a blog during yet another endless conference call, read on.The first thing to know is that if you’re interested in something, lots of other people are, too. I have obscure interests like “the best iron”

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How does a 401(k) work? The single best way to grow your money

If you’ve ever asked yourself “How does a 401(k) work?”, this post is for you. But first, how would you like free money? That’s not a trick question. For millions of people, free money is up for grabs right now. But they leave it on the table with every paycheck because they don’t truly understand how a 401(k) works. Now before you roll your eyes and say, “Yeah, yeah…I know,”

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