Advanced Investing

How to Turn Freelance Income Into a Robust Passive Income Stream

How to Turn Freelance Income Into a Robust Passive Income Stream

By in Advanced Investing, Bond, Make Money, Mind and Money | 0 comments

3+ Ways Freelancers Can Earn Passive Income Are you a freelancer or solopreneur consultant? Do you worry that, when you’re not working, you don’t get paid? Find out how a freelancer can create a passive income stream for the future. A recent survey by the Freelancers Union found that 53 million Americans are now freelancers. In fact, one in three workers are freelancing. The difference between many freelancers/solopreneurs and salaried workers is that if you receive a salary and you want to take a break, grab a soda, take a quick walk to clear your head, you’re still getting paid....

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Should You Invest In An IPO?

Should You Invest In An IPO?

By in Advanced Investing, Investing, Stocks | 9 comments

Should I Invest in an IPO (Initial Public Offering) and Strike it Rich? Not unless you’re willing to lose a lot of money. Are you upset you missed the Facebook IPO a few years back? Do you feel like a loser because you didn’t get in on Alibaba? For those of you part of the maker movement, you’re probably familiar with Etsy. On it’s first day of trading in 2015, this craft portal for small makers rose 88% to a value of over $3 billion. Not a bad return for one day! But wait, it’s currently recognized as one...

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Larry Swedroe – Investing Luminary Tells How to Profit with Investing

Larry Swedroe – Investing Luminary Tells How to Profit with Investing

By in Advanced Investing, Asset Allocation, Bond, Investing, Personal Finance Luminaries | 2 comments

Larry Swedroe’s Wisdom Helps Investors Profit with 2 Stage Thinking Following is an excerpt of my recent interview with Larry Swedroe. The full article is published on the U.S. News and World Report Smarter Investor Site: During this time of investment market turmoil, investors look to professionals for help in weathering the storm. Larry Swedroe, director of research for Buckingham and the BAM Alliance as well as the author of 13 investing books, offers insights and information to help cope with market turbulence and investing. You’ll find out how the ‘Larry portfolio’ might increase your returns and reduce risk....

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Is Passive – Index Fund Investing Over? Are Robo-Advisors Doomed?

Is Passive – Index Fund Investing Over? Are Robo-Advisors Doomed?

By in Advanced Investing, Money Management, Mutual Funds | 2 comments

Is There a Dark Cloud Hanging Above a Passive Index Fund Investing Approach? Most, although not all, of the robo-advisors practice some form of a passive index fund investing approach. This type of investing is based upon widely accepted and well researched investment practice that demonstrates that it’s extremely difficult for actively managed funds to beat the performance of the major market indexes such as the S&P 500 and others. Are robo-advisors are doomed? What if Everyone Started Investing in Index Funds? Does That Mean Robo-Advisors Are Doomed? How would this phenomenon impact the robo-advisors, many of whom practice an...

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Pro Rata Rule for Roth Rollovers – Is the Back Door Roth for You?

Pro Rata Rule for Roth Rollovers – Is the Back Door Roth for You?

By in Advanced Investing, Investing, Retirement | 0 comments

What is the Pro Rata Rule for Roth Rollovers? After reviewing our 2014 taxes, I realized that we need to look for ways to cut our tax bill. I set up a call with our accountant and one topic which came up is the Backdoor Roth. This is a strategy for individuals whose income makes it impossible to directly contribute to a Roth IRA. Armed with enthusiasm, I was all set to open a traditional IRA and then roll it over into a Roth, until I read about the pro rata rule for Roth rollovers. Bonus read; Should I Contribute...

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5 Essential Money Moves for 2016-Read Now!

5 Essential Money Moves for 2016-Read Now!

By in Advanced Investing, Asset Allocation, Investing, Money Management, Taxes, Tips | 6 comments

A quick google search of ‘essential money moves for 2016’ turned up 7,760,000 responses. I’ve done the hard work for you and culled the top money moves into 5 actionable money tips for 2016. Schedule an hour or two and get your finances in order with these 5 essential money moves. (Number 5 may surprise you!) 1. Examine your 401k, 403b or Other Workplace Retirement Account My spouse has a TIAA CREF account in his workplace 403b. For months I procrastinated the task of evaluating the investment choices in the fund. My goal for this account was to choose index...

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