Mind and Money

How Often Should I Check My Investments?

How Often Should I Check My Investments?

By in Asset Allocation, Guest Post, Investing, Mind and Money, Mutual Funds, Stocks | 0 comments

Why Checking Your Investments Every Day May Lose You Money Guest Contributor, Reid Henderson  It is undeniable that your investments should be regularly checked, but by regularly, I do not mean check them every day. It is understandable that you would like to check your investments every day because after all, it is your money. But you’ll likely lose money if you check your investments every day. Very rarely does an investment have a steady rise. The stock market is volatile— It goes up and down hourly. For this reason, the performance of an investment should not be determined by...

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5 Inspiring Warren Buffett Investing Quotes

5 Inspiring Warren Buffett Investing Quotes

By in Investing, Mind and Money, Money Management, Mutual Funds, Personal Finance, Stocks, Tips, Wealth | 1 comment

Warren Buffett is considered one of the most successful investors of our time. According to BusinessInsider‘s Andy Kiersz, in “Here’s How Rich You’d Be if You’d Invested $1,000 in Buffett Way Back When”, $1,000 invested in Berkshire Hathaway in 1964, would be worth about $11.6 million today. This information uses the 1964 share price of $19 and the February 27, 2015 closing price of $221,180 for Buffett’s Berkshire Hathaway (BRK-A). With the more recent closing share price of $194,620 (September 25, 2015) you’d still be rich. I don’t know about you, but this type of information doesn’t particularly cheer...

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Personal Finance Luminary-The College Investor

Personal Finance Luminary-The College Investor

By in Debt, Mind and Money, Money Management, Personal Finance Luminaries | 0 comments

Personal Finance Luminary Series-Robert Farrington Welcome to an inside look into some of the most important personal finance luminaries online. These influential people educate and entertain others about money topics. From authors to podcasters to writers, these money mentors are working to raise the level of financial knowledge and education.  Read more about Personal Finance Luminaries >>> Personal Finance Luminary College Investor-Robert Farrington Enjoy this interview with Robert, personal finance luminary college investor, one of my favorite online inspirations. 1. What is your background and money/financial influences? I honestly started blogging about personal finance because I was bored and I’ve always...

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Is Holding a Garage Sale Worth it?

Is Holding a Garage Sale Worth it?

By in Make Money, Mind and Money | 27 comments

After $448 I ask, “Is Holding a Garage Sale Worth it?” Jr. Carina and I have made about $448.00 for our most recent garage sale. Is the cash worth the time and effort? Our previous garage sale was in 2003, when we moved from Ohio to Pennsylvania. At that time I swore I would never hold another yard sale.  Then, we were moving out west to California. So, seven and a half years later, I gave in. Find out the final answer to the question, “Is holding a garage sale worth it?” As we embarked on our second garage...

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Mindful Money

Mindful Money

By in Guest Post, Mind and Money, Wealth | 7 comments

Financial Stability Through Mind Power By contributing columnist,  Alexandra Deluise Achieving financial stability and wealth takes dedication, a strong plan, and determination to stay out of debt. Overall, the secret to financial happiness is a strong mind game. With mindful money, you learn to incorporate the principle of mindfulness and being aware to how you handle your finances. Dedication and determination are created when something you are working on means a lot to you; mentally, you have chosen to continue with a task because you deem it important. Staying dedicated requires mind power so that you are not swayed...

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The One Page Financial Plan

The One Page Financial Plan

By in Mind and Money, Personal Finance | 0 comments

Dr. Phil + Suze Orman + Oprah = The One Page Financial Plan Values Based Money Advice Carl Richards hits the nail on the head when he begins with The Most Important Important Money Question, “Why?” He’s touching on the issue that most people never explore; What are you going to do with your money? This leads into your personal values. And that’s where the Dr. Phil similarity lies. Richards recommends drilling down, really deep in terms of what’s important to you. And he means “you”, not your neighbors, not the Jones’ or anyone else.  He’s very firm about...

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