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Are 2017 Financial Forecasts For Real?

Posted by on 3:15 pm in Economics, Investing, Mind and Money, Wealth | 0 comments

Are 2017 Financial Forecasts For Real?

Financial Forecasts – Myth Or Reality? During a recent trip from San Francisco to Ohio, I spent several hours indulging in the Wall Street Journal, cover-to-cover. Fascinated by their second quarter Markets Review & Outlook Section on July 3, 2017, I fervently read the predictions made by pros compared with reality. Learn whether the financial forecasts hit the mark or veered off course. I assumed that at least one prediction for the markets for 2017 might have materialized. Yet, out of 8 economic predictions, ranging from U.S. stock indexes to inflation, the experts were all wrong. Here’s why it matters. The experts, those with schooling, experience and credibility share their financial predictions for the future. Next, regular folks go on to make economic, investing and financial decisions based on these predictions. Yet, what happens when most, if not all of the WSJ predictions don’t materialize? Click here to check out...

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29 Fun Ways to Make Money in the Summer

Posted by on 3:35 pm in Guest Post, Make Money, Tips | 6 comments

29 Fun Ways to Make Money in the Summer

*Please read affiliate disclosure below. Students, Teachers & Adults-Have Fun Making Money This Summer By staff columnist, Alexandra Deluise Making money in the summer time is always good – the days are longer, people seem to be in better moods, and there are some excellent seasonal places to apply for. Before signing yourself up for a seasonal restaurant job, though, try one of these 29 fun ways to make money this summer! Sell the fruits (or veggies!) of your labor. If you have a garden, you can make extra money by selling produce from your land. You can also get a head start on the market and sell seedlings for people to plant their own gardens. You can charge extra for organic produce and seedlings as well. Officiate weddings. Become a justice of the peace, and be a part of someone’s happiest memories. Bonus: you might get to stay for...

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3 Dividend Stocks to Own In Retirement

Posted by on 1:34 pm in Guest Post, Inflation, Investing, Retirement, Stocks | 1 comment

3 Dividend Stocks to Own In Retirement

Guest Contributor; Gaurav Sharma 3 Top Dividend Stocks for Retirement If there is and one priority for a retiree investor, it is income.  This can be achieved by owning the best dividend stocks within your investment portfolio.  Dividend stock investing actually has two potential benefits: An opportunity for capital appreciation. A steady or increasing cash flow. A dividend stock investor deploys capital into companies with juicy dividend payments. Depending upon when the dividends are paid, you earn regular cash payments deposited into your brokerage account. After purchasing the stock, there’s no additional work, making dividend investing perfect for retirees. The advantage of owning a dividend-paying stock is that there is no need to sell the shares in order to receive the dividend. of course, you can’t avoid the market or company risk which means the company stock value might go down, as well as up. Although any investment has...

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Why and How to Diversify with Real Estate – REITS + Real Estate Crowdfunding

Posted by on 4:59 pm in Guest Post, Real Estate | 0 comments

Why and How to Diversify with Real Estate – REITS + Real Estate Crowdfunding

Guest columnist, Joseph Hogue, CFA Don’t let the headaches of real estate investing keep you from diversifying your portfolio into one of the best long-term assets. Despite what you might hear on the 3am infomercials, real estate investing is hard work. Barbara explained in an earlier post about why she gave up being a landlord decades ago because of the constant headaches. I can relate. I started buying rental property early in my 20s. I had worked as a commercial real estate agent and wanted in on the cash returns and seemingly endless appreciation that was just getting started in 2002. I soon realized why real estate investing is far from the passive income strategy many websites make it out to be. Have you ever been called at 5am to light someone’s pilot light on a water heater? I have…many times. Wondering? Should I Buy Foreclosed Real Estate? Besides...

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5 Inspiring Warren Buffett Investing Quotes

Posted by on 10:27 pm in Investing, Mind and Money, Money Management, Mutual Funds, Personal Finance, Stocks, Tips, Wealth | 6 comments

5 Inspiring Warren Buffett Investing Quotes

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. Bonus; What is Multifactor Investing and is it Worth a Try? I don’t know about you, but this type of information doesn’t particularly cheer me up. The ‘woulda, coulda, shouldas aren’t particularly helpful. Instead of looking backwards, let’s move ahead with these inspirational Warren Buffett investing quotes. Use these inspiring Warren Buffett Investing quotes to educate and motivate you to investing greatness. Here are some...

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Cheap 4th of July Fun-7 Great Ideas

Posted by on 5:50 pm in Guest Post, Personal Finance, Saving, Tips | 0 comments

Cheap 4th of July Fun-7 Great Ideas

7 Ways to Enjoy the Fourth of July + Maybe Build Wealth By contributing columnist,  Alexandra Deluise The Fourth of July is one of the highlights of summer for me. The holiday almost always includes a cookout, fireworks, and time spent with family around a campfire with marshmallows. This year, July 4th is on a Monday. This means three full days of potential festivities and cheap 4th of July fun! However, getting crazy on this patriotic holiday can cost a lot if you are not careful. Save some money with these frugal tips for a fun-filled holiday weekend. 7 Cheap 4th of July Fun Ideas 1. Keep the 4th of July in Perspective One of the most dangerous things about holidays are our own expectations. Remember what you are grateful for, and keep those things front and center during your Fourth of July celebrations. 2. Awesome Outdoor Activities! (+More Cheap...

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How to Become a Millionaire-Investment Advice for 30 Year Olds

Posted by on 4:32 pm in Asset Allocation, Automatic Saving, Debt, Investing, Money Management, Retirement, Tips | 0 comments

How to Become a Millionaire-Investment Advice for 30 Year Olds

5 Tips to Become a Millionaire “You only have to do a very few things right in your life so long as you don’t do too many things wrong.” ~Warren Buffett (source; BrainyQuote.com) Get the specific, actionable steps to become a millionaire if you are in your 30s. Use this financial advice for 30 somethings as a step-by-step guide for wealth building. If you haven’t started investing for your future, don’t stress, now is the time to start understanding and implementing how to plan for retirement at 30. Investment Strategies for 30-year-olds – Backstory My husband and I started out with financial challenges. In our first year of marriage, I quit my job to get a graduate degree. Despite living on one income, we managed to save. The next year, I went to work and my husband began his 4-year graduate studies at a private university with sky-high tuition...

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Avoid Being a Victim of Investment Fraud – Inspired by the Wizard of Wall Street

Posted by on 6:58 pm in Investing, Money Management, Personal Finance, Tips, Wealth | 5 comments

Avoid Being a Victim of Investment Fraud – Inspired by the Wizard of Wall Street

Don’t be Like Steven Spielberg – Evade Investment Fraud I was both intrigued and sickened while glued to HBO’s Wizard of Lies. This riveting biopic chronicles Bernie Madoff, played by Robert DeNiro, as he crafts the greatest investment fraud of our time. It’s challenging to understand how sophisticated investors along with ordinary folks fell for Madoff’s Ponzi scheme. Find out how to avoid becoming a victim of securities fraud. You’ll discover that only your own knowledge and due diligence can save you from financial advisor malfeasance. Bernie Madoff’s Ponzi Scheme Fooled the Pros As long ago as 1999, an independent investigator, Harry Markopolos, concluded that Madoff’s success could not be legitimate. In 2005, he sent the US Securities and Exchange Commission (SEC), the financial watchdog, a 17-page statement entitled: “The World’s Largest Hedge Fund Is a Fraud”. ~The Telegraph The Securities and Exchange Commission, wooed by Madoff’s charm and their...

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6 Money Tips for Navy Seals – A Gift For Our Warriors

Posted by on 1:39 pm in Automatic Saving, Debt, Investing, Tips | 0 comments

6 Money Tips for Navy Seals – A Gift For Our Warriors

It’s official, I’m addicted to the History Channel’s eight part drama about the lives of Navy Seals, “SIX“. After watching two episodes of this edge-of-your-seat action drama, I experienced feelings of worthlessness and self-deprecation. After all, these guys risk their lives in dangerous circumstances to protect our freedom and what am I doing of value – writing investing and financial management articles? Then, the Seals come home to family drama and difficulties. And to add to their stresses, pay for an entry level Navy Seal is a paltry  $22,992 per year for entry level Special Warfare Operator Third Class. Despite the low starting salaries, they do receive special payments for: Jump pay Dive pay Demolition pay Hostile fire pay Family separation pay So, if a Master Chief Special Warfare Operator with an E-9 pay grade qualifies for all the bonuses and special payments, the Navy adds $6,981.72 to the basic...

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The 15 Best Father’s Day Ideas That Rock!

Posted by on 3:00 pm in Budget, Personal Finance, Tips | 6 comments

The 15 Best Father’s Day Ideas That Rock!

The 15 Best Father’s Day Ideas, Gifts and Activities So much is made of Mom and Mother’s Day, and it seems like Dads get the short shrift. But, don’t forget about Dad, and make his day super with these best Father’s Day ideas, gifts and activities. Dad deserves the Best Father’s Day!  We have our family roles clearly honed after decades of marriage and our daughter benefits from the uniqueness of Dad’s contribution to the family as much as she does mine. As Dad is in the “helping field”, contrary to convention, he’s the emotional compass of the family, whereas I’m the money manager. His insight and strength has gotten us all through the inevitable emotional land mines of life. I already know what I’m getting him this year, candy, Britto Disney collectibles and of course dinner out or grilled on the patio. To round out the day, we’ll probably...

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