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Sam Lipscomb

Credit Card, Savings and Retirement Expert

Sam Lipscomb is a writer for SmartAsset. His work spans a wide variety of personal finance topics with expertise including retirement, investing and savings. He is particularly well versed in credit cards. Sam has been featured in The Economist and on The Points Guy. He is a Certified Educator in Personal Finance (CEPF®). Sam graduated from Kenyon College with a degree in Economics and enjoys being a go-to resource for family and friends when it comes to personal finance. Originally from Washington, DC, Sam loves all things aviation and is a Cleveland sports fan. He currently lives in New York.

Posts by Sam Lipscomb:

by Sam Lipscomb Apr 19, 2021

Coinbase made news in April 2021 as the first major cryptocurrency platform to go public on the U.S. stock market. But this watershed moment does not overshadow the role that it has played as a cryptocurrency trading platform and brokerage for almost a decade. Founded in 2012, Coinbase offers a wide variety of cryptocurrency-based services, including cryptocurrency investing, cryptocurrency trading and even custodial accounts for institutional cryptocurrency investors. The company also has a cryptocurrency wallet and its own USD-backed stablecoin called USD Coin (ticker: USDC). A local financial advisor can help you assess whether cryptocurrency is a good investment for your portfolio. Read more

by Sam Lipscomb Apr 15, 2021

Stellar is a decentralized computer network that operates using blockchain technology. On the Stellar network, you can trade its form of currency, which is called lumens (XLM). This cryptocurrency is required to complete transactions on the Stellar network. Stellar and XLM were created in 2015, with the basic idea behind Stellar being to create a cryptocurrency that can reduce transaction costs and serve as a bridge between fiat, digital or other currencies. Cryptocurrencies can be confusing and rather volatile, so it may be a good idea to work with a financial advisor before investing. Read more

by Sam Lipscomb May 14, 2021

Cardano is a blockchain-based cryptocurrency network and open-source project that aims to be a smart contract platform, as well as a traditional asset-based cryptocurrency. This third-generation cryptocurrency has an internal cryptocurrency token called ADA, which is one of the most popular crypto options in the world. Cardano is looking to build a fully fleshed out blockchain ecosystem that’s similar to Ethereum, which is used for a wide variety of transactions. Math principles are the basis of Cardano, and the platform is under development with the help of a number of academics and scientists. If you want to include cryptocurrencies like Cardano in your portfolio, consider working with a local financial advisor. Read more

by Sam Lipscomb Apr 14, 2021

The definition of inflation is an increase in prices and a subsequent decrease in the purchasing power of money. But demand-pull inflation is slightly more complex, as it occurs when prices go up… Read more

by Sam Lipscomb Apr 14, 2021

There are different types of inflation that could affect your long-term savings and investments. One such type is called cost-push inflation, which happens when prices go up because production costs,… Read more

by Sam Lipscomb Apr 09, 2021

Tradier is an end-to-end, FINRA-registered trading platform that has been around since 2012. However, the 2021 version of its services has advanced considerably since the company’s inception. This… Read more

by Sam Lipscomb Apr 05, 2021

Chainlink is a blockchain-based cryptocurrency network that provides a link between real world data and smart contracts. It also offers a tradable cryptocurrency token called LINK, which is used to… Read more

by Sam Lipscomb Apr 05, 2021

Bitcoin Cash is an extension of Bitcoin, one of the most popular cryptocurrencies. It’s considered an “altcoin,” and was created in 2017. More specifically, Bitcoin Cash is a peer-to-peer electronic… Read more

by Sam Lipscomb Mar 17, 2021

Invstr is an investing mobile app and an educational resource. The platform gives you access stocks, ETFs, American depositary receipts (ADRs) and fractional share investing. It also features virtual… Read more

by Sam Lipscomb Mar 17, 2021

Cash App rose to popularity as a competitor to Venmo, Zelle and other free money transfer services. The service is owned by Square and as its user base has grown, it also decided to take a dive into… Read more

by Sam Lipscomb Mar 17, 2021

MyWallSt is a popular online stock-picking service that functions through the use of two different mobile apps. The main app is simply called MyWallSt, while Learn by MyWallSt gives users access to… Read more

by Sam Lipscomb Mar 16, 2021

MetaTrader 4, also known as MT4, is an advanced trading platform that specializes in allowing users to create and automate complex trades. It also provides users with a wide range of market… Read more

by Sam Lipscomb May 07, 2021

Tether is a blockchain-based cryptocurrency that has its roots in the U.S. It has some controversial history, as it was one of the first cryptocurrencies to peg its value directly to an existing fiat… Read more

by Sam Lipscomb Mar 10, 2021

There are many different kinds of financial planning services, but wealth management is one of the most comprehensive. This offering typically includes advice on multiple financial matters at once,… Read more

by Sam Lipscomb Mar 10, 2021

An independent financial advisor can be either an investment advisory firm or an individual financial advisor. While their services are typically similar to those of any other advisor, independent… Read more

by Sam Lipscomb Mar 05, 2021

Both initial public offerings (IPOs) and direct listings are ways for companies to make their shares available for purchase by listing them on public exchanges. However, there are key differences… Read more

by Sam Lipscomb Mar 01, 2021

Online will-writing and estate planning platform DoYourOwnWill.com boasts features that cover a wide variety of will-related situations. Surprisingly, you won’t have to pay anything to take advantage… Read more

by Sam Lipscomb Mar 01, 2021

Trust & Will is an online estate planning platform that allows you to create documents such as wills, trusts and guardianships. Trust & Will is available entirely online, so you won’t need to… Read more

by Sam Lipscomb Mar 01, 2021

When it comes to online estate planning, Rocket Lawyer is a solid option with a few caveats. The company’s seven-day free trial allows you to create a will and other legal documents for free, but you… Read more

by Sam Lipscomb Mar 08, 2021

Quicken is already a popular personal finance company when it comes to tracking spending or getting a mortgage. However, the brand can also help you take care of your estate planning needs. Quicken… Read more

by Sam Lipscomb Sep 25, 2020

A proportional tax, also known as a flat tax, is a type of tax system that levies the same tax rate on everyone, no matter their income level. This system is in contrast to the progressive or… Read more

by Sam Lipscomb Sep 25, 2020

Before a company has an initial public offering (IPO), it typically sets aside a handful of shares that are available for purchase. Since these shares tend to be offered in large quantities, pre-IPO… Read more

by Sam Lipscomb Sep 25, 2020

A certificate of deposit, more commonly known as a CD, is a type of bank account that pays interest in exchange for the depositor leaving their funds in the account until it matures. A jumbo CD… Read more

by Sam Lipscomb Sep 25, 2020

In general terms, your income is typically the money you earn from jobs that you work. But accessible income accounts for more than just your paycheck, as it includes most of the money you receive… Read more

by Sam Lipscomb Sep 25, 2020

A co-applicant is an additional person involved in the application of a loan besides the original applicant. They are equally considered alongside the applicant throughout the whole application… Read more