Barbara Friedberg's Blog: Barbara Friedberg Personal Finance, page 3

FIRE – Financial Independence, Retire Early Is A Bad Idea

Pros and Cons of the Fire Movement

FIRE , or Financial Independence Retire Early – is popular among millennial’s – and older adults too.

Inspired by the classic book, “Your Money or Your Life,” by Vicki Robin and Joe Dominguez, FIRE is an acronym – Financial Independence, Retire Early. Thousands of diligent workers are striving to live with less to retire young. But, to what end?

I read the book when it first came out in 1992 and I like the living with less idea. It’s smart for the envi...

Pros And Cons Of M1 Finance

M1 Review, Tutorial, and Video

M1 Finance, a unique investment and money app, with features for a wide range of investors. M1 might be best for you – or not. Read the Pros And Cons Of M1 Finance to find out the answer to these questions:

What is M1 Finance?Should beginners use M1 Finance?Is M1 better than Fidelity or Schwab?What are the advantages and disadvantages of M1 Finance?What is a model portfolio, or Pie?Who shouldn’t use M1 Finance

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7 Cash Alternatives – How To Get A Good Return On Your Money

Where to Park Cash

Are you wondering, “What is a good alternative to cash?”

Are you sick of meager interest payments on your savings?

Finally, interest rates are delivering a strong yield. You can get a good return on your cash today and set yourself up for higher interest payments. Learn where to park cash, such as cash alternatives funds, money market accounts, CDs and short-term bond funds.

If you’re seeking cash alternatives, and willing to tie up your money for 3, 6, 9 months ...

15 Retirement Withdrawal Strategies to Protect Your Wealth

Best Ways to Withdraw From Retirement Accounts

Most of us look at retirement with a sense of anticipation and a feeling of dread. Typically, retirement drawdown strategies aren’t at the top of mind.

It is not easy to transition from accumulating wealth to suddenly managing years of withdrawals. You have worked hard to accumulate wealth. You need your wealth to last through your life without running out.

Before you experience the joie de vivre of leaving your 9 to 5 behind, take a momen...

How To Catch-up On Your Retirement Savings

Reprinted with permission from SavingsAdvice.com, by Tamila McDonald

How to Catch-up on Retirement Savings in Your 40s and 50s

Embarking on the journey to catch up on your retirement savings later in life can seem daunting, especially after age 40 or 50. But it’s never too late to start, and with some creative and unique strategies, you can still pave the way to a comfortable retirement. Here are ten unconventional yet effective ways to boost your retirement savings.

When you are determ...

Contrast The Differences Between Short-, Medium- and Long-Term Financial Goals To Build Wealth

Understand Why to Contrast the Differences Between Short-, Medium- and Long-term Financial Goals and Become a Better Investor

Financial goal setting might be the next best thing to working with a smart financial advisor, and it’s free. Lack of financial goal setting is akin to driving cross country without GPS. Without a plan, t’s unlikely that you’ll reach your destination.

By smoothing out your lifetime income across your working and non-working years, and planning and investing, you to ...

Best Investing and Personal Finance Websites (excluding blogs)

Friedberg Favorite Sites

“Access to information is great; access to too much information is overwhelming!”  

Barbara Friedberg

Have you ever searched the internet for investment websites, only to be hit with a paywall? It’s frustrating, as multiple online subscription costs add up. This Friedberg list of best investment and personal finance websites includes free, freemium, and subscription based websites.

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14 Signs it May Be Time to Sell Your Mutual Fund

Should I Sell My Mutual Fund?

By Guest Contributor, Arielle O’Shea

Recently, the stock and bond markets have taken a tumble. This extreme price volatility reminds us that investing in the financial markets requires patience and a long-time horizon. But, does this market volatility mean you need to sell your mutual fund? 

When to sell a mutual fund or ETF is a tough decision.

The seesaw prices underline experts’ advice to long-term investors: Keep to your plan and stomach the troughs....

Investment Books For Beginners – Free Investing Books

Investing 101

I get reader letters all the time requesting the best Investment Books for Beginners. Although there are many excellent investment books, most people just want something short that they can easily understand. We created these two investing for beginners books to get you started. Each of these investment books are FREE. Choose one or both and read in an evening.

This article may contain affiliate links which means that – at zero cost to you – I might earn a commission if you ...

How To Become A Millionaire by 40 – Nine Strategies That Work

A millionaire by the time you turn 40? It sounds unbelievable, right? But if you are in your early 20s, fresh out of college, starting a new job, and have the will to become a millionaire as soon as possible, you can make that happen before you turn 40. If you’re not in your early 20’s and want a million dollars by 40, you’ll need to save, earn and invest more, than if you started earlier. Becoming a millionaire by 40 is achievable, and here’s how.

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