Advanced Personal Finance Archives

What is Passive Income? A Guide to the Reality of Passive Income

Passive income sounds like a dream come true — earning money without any active effort. The reality is that there’s no such thing as 100% passive income. This type of…

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.…

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…

How to Borrow Against Your 401k (loans, benefits, & downsides)

Your 401k is an investment in your financial future ... so should you take a 401k loan in an emergency? Learn how to borrow from your 401k and 3 alternatives to doing so today.