Barbara Friedberg's Blog: Barbara Friedberg Personal Finance, page 28
June 1, 2017
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 stress...
May 26, 2017
The 15 Best Father’s Day Ideas That Rock!
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”, cont...
May 24, 2017
Increase Profits and Reinvest in Your Small Business
Contributing columnist, Kostas Chiotis
We interviewed 11 successful online entrepreneurs. Learn their tips for success and how much they reinvest into their business. Their answers might surprise you.
Warren Buffett learned about the importance of reinvesting your profits at the ripe age of 18. While still in high school and hoping to make a few bucks, he and a pal invested $25 in a pinball machine. They installed the game in a barbershop. Th...
May 20, 2017
Should I Pay Off My Mortgage or Invest in the Stock Market?
Should I Pay Off My Mortgage or Invest in the Markets?A reader asked, “Am I better off making extra payments on my mortgage at 2.9% or investing the money in the stock market?”
This question is a favorite and a one I’ve pondered many times. Actually, I’m adding $250 to my mortgage payment every month, to get the mortgage paid off by the time I reach retirement.
Whether to pay off your mortgage or not, isn’t an easy question.
There are...
May 11, 2017
5 Investment Classes That Teach Unique Ways to Invest
*Please read affiliate disclosure below.
Learn How to Invest Money to Make MoneyIf you want your money to work for you, then you need to consider investing. Take an investment class to get on the wealth-building fast track. After all, you work hard at your job, but if you simply save in your low-interest bank account, you’re missing an opportunity to allow your dollars to compound and earn more. Investing means directing your money into an endeavor that provides the opportunity for extra in...
May 5, 2017
10 Steps to Take Before Investing – Beginner Investment Tips
What to Do Before Investing in a Stock or Mutual Fund“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” – Robert G. Allen
Buying and selling stocks, bonds and mutual funds is a path to wealth, yet, there are steps to take before investing.
At the start of my investing career, I thought it was cool to research and invest in the stock and bond markets; until I had my first loss. When my first stock pick drops 50% in price, I wasn’t h...
April 30, 2017
What is the Trump Reflation Trade and Should I Care?
I’ve enjoyed economics ever since I majored in the field at University. During the last century, I’ve seen rampant inflation – too much money chasing too few goods – leading to exploding prices. I’ve also lived through the recent low inflation rates and the brush with stagflation and deflation.
So, what’s up with reflation, the reflation trade and the Trump reflation trade?
It’s all over the news, but reflation isn’t as clear cut as the inflation, stagflation or deflation themes.
What is Ref...April 20, 2017
6 Steps to Avoid Outliving Your Money in Retirement
Guest Contributor, Kostas Chiotis
Don’t Outlive Your Retirement Money!Planning for retirement is one of the most important things you can do financially. It’s also one of those things that people tend to put off until retirement is right around the corner. But if you don’t have a solid plan in place, you risk outliving the money you set aside for retirement. Although, if you start today, it’s possible to avoid outliving your money. Make it a priority and your future self will thank you.
So w...
April 9, 2017
How Long Until I’m Wealthy?
“Cash confiscates capital. Long term, after taxes and inflation, the return on cash is negative.” Catherine Keating
Since my mid-20’s, I made financial net worth goals for our family. I’d calculate our current net worth, add additional savings, and punch in an expected rate of return over the period, usually five to ten years. Occasionally, I go back and review prior goals. No matter what the market, over the long term we have met or surpassed the objectives. Set financial goals, make a few...
April 1, 2017
Pros and Cons of REIT Investments-How to Build Real Estate Wealth
Learn how to invest in real estate funds without much cash. Discover whether adding real estate to your investments is right for you in this 2nd part of the Real Estate Investing Series.
Part 1 of this Real Estate Investing Series-“Being a Landlord Sucks-Why You Shouldn’t Invest in Real Estate” – detailed 26 Steps to Buying and Managing Rental Real Estate.
Part 2, “Pros and Cons of REIT Investments – How to Build Real Estate Wealth” – is for those of you who want exposure...
Barbara Friedberg Personal Finance
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