Wealth

Do You Really Need a Rolex?

By in Saving, Wealth | 20 comments

“Henceforth I ask not good fortune. I myself am good fortune.” Walt Whitman Walt Whitman would fit in well with the “simplicity-frugal movement” of today. And the famous Walden Pond, by Thoreau inspired me to appreciate the simplest pleasures in life. Both Whitman and Thoreau’s writing exude self possession, contentment, and the joy of living. This may sound a bit idealistic, but in the last reality, isn’t it really what most of us look for; wealth in life, not just money. Do You Really Need a Rolex, Sharlene? A friend of mine, Sharlene really wants a Rolex watch. The prices start in the range of $10,000. The one in...

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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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5 Perfect Father’s Day Gifts

5 Perfect Father’s Day Gifts

By in Guest Post, Tips, Wealth | 2 comments

Wallet-Happy Gifts Dad Will Love! By contributing columnist,  Alexandra Deluise Father’s Day is always a difficult holiday to shop for because my father is one of those “don’t get me anything” types. While this would make for a very frugal Father’s Day indeed, I still enjoy finding ways to let my dad know I appreciate him. Realistically, there are no Perfect Father’s Day Gifts yet, there may be gifts which are just right for your dad. The following gifts go beyond the cliché necktie or slippers for dad, while keeping your wallet full and giving dad something he’ll enjoy. 1....

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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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9 Best Mother’s Day Gifts + Activities

9 Best Mother’s Day Gifts + Activities

By in Tips, Wealth | 8 comments

9 Ways to Treat Mom this Mother’s Day – Without Breaking the Bank! Staff Contributor, Alexandra DeLuise-Alexandra combines her banking experience with real-world financial advice to provide simple money tips to everyday people. Mother’s Day was always a holiday I enjoyed celebrating as a child. Although every day of the year is a time to show mom how much you appreciate her, there was something special about giving mom her own day. The best Mother’s Day gifts bring the family together, create special memories, and true wealth. A handmade card, sign, or a bouquet of flowers picked directly from...

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How to Choose Mutual Funds? Reader Question

How to Choose Mutual Funds? Reader Question

By in Advanced Investing, Asset Allocation, Bond, Investing, Mutual Funds, Reader Question, Stocks, Wealth | 10 comments

John, a loyal reader wants the answer to this common question:  How to Choose Mutual Funds “I would like your opinion and advice on how I should allocate my investments and my daughter’s investments among mutual funds. Both our accounts are with Fidelity. I am 56 and plan to retire at 60. I have $400,000 in IRAs (Traditional and Roth). My daughter is 24 and has $65,000 in an individual acct and $50,000 in both Roth and rollover IRA. There are so many funds to choose from and I feel overwhelmed. Any suggestions would be helpful.” Too Much Fund Information...

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