Dogecoin is surging again after Mark Cuban comments. What to know before jumping into the rally

Dogecoin is surging again after Mark Cuban comments. What to know before jumping into the rally  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  VIEW IN BROWSER | SUBSCRIBE WED, AUG 18, 2021 YOUR WEALTH Editor's Note Between Covid making a nasty comeback and government support programs like rental assistance, extra unemployment benefits and more going away, it would be natural to feel a bit of whiplash these days. And who could blame you. However, when it comes to your finances, it may be best to take a breath and a step back and have your friends at CNBC help sort it out for you. For starters, should you take your spare cash and scoop up some crypto like dogecoin in the hopes of making a quick killing? No so fast, warns Carmen Reinicke. While the digital coin has been surging lately, people forget it can quickly go the other way, taking your hard earned money along with it. Not working right now? Did you know you can still save in an IRA? Michelle Fox shows you how. Or you're closing in on retirement and you're wondering how much cash you should have on hand? Kate Dore lays it out for you. In addition, there's talk of expanding Medicare benefits and Sarah O'Brien has the lowdown on it. And for those having trouble making ends meet, Annie Nova reports the Biden administration has announced the biggest boost to food stamps in the program's history. For more news you can use, please follow me on Twitter @shortingwallst and check out CNBC's Financial Advisor Hub and CNBC + Acorns Invest in You: Ready. Set. Grow. Rick Levinson @SHORTINGWALLST Dogecoin is surging again after Mark Cuban comments. What to know before jumping into the rally "Never invest anything you aren't willing to lose," said Ben Weiss, co-founder and CEO of CoinFlip, one of the largest bitcoin ATM companies in the U.S. Want to put bitcoin in your IRA? Why experts say you may want to rethink that Experts bullish on cryptocurrencies agree with those who are bears: It's still early to put those investments in individual retirement accounts. Here's why. Even if you aren't working, you may be able to open an IRA. Here's how If you are married and file taxes jointly, you can open a spousal individual retirement account and have your partner contribute. Here's how much cash retirees really need, according to financial advisors With low interest rates and fears of inflation, retirees may worry about how much cash to have handy. Here's how to figure it out, according to experts. Democratic lawmakers want to expand Medicare. Here are the gaps in coverage and other costs to know To the surprise of many new Medicare beneficiaries, the program has some holes and is far from free. Food assistance benefits are increasing. Here's what families need to know Starting in October, food stamp recipients will get a larger monthly allowance. States boost earned income tax credits for pandemic relief A growing number of states have added or improved earned income tax credits for low-income families. Here's what to know about these write-offs. College costs are rising and many families have no idea just how expensive higher education is High school students and their parents are increasingly concerned about how much college will cost, and yet many are in the dark about the true sticker price. Here's what happens to Social Security payments when you die When a Social Security recipient dies, the benefits for that person end. However, there are cases when survivors are eligible for payments. 10 million job openings and a record high quit rate "I chalk up the explosion in quits (2.7%, now at a 20-year high) and new business formation to three main causes ..." CONTRIBUTORS Sharon Epperson @sharon_epperson Josh Brown @ReformedBroker Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel   Digital Products Feedback Privacy Policy CNBC Events   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS