Barbara Friedberg's Blog: Barbara Friedberg Personal Finance, page 42
June 4, 2015
Rebalance Your Asset Allocation Guide
Raise your had if you want an extra one quarter percent return on your portfolio every year? It takes about an hour and you can get this extra return every year. I know, it’s not much, but with interest rates in the basement, every little bit helps.
Before you learn how to rebalance your asset allocation, let’s review a bit of investing background.
What is Asset Allocation?“Don’t put all of your eggs in one basket.”
This old adage describes the...
June 1, 2015
How Can I Tell if I’m On Track for Retirement?
“Barbara,
I started investing late and although I have a military pension, a 401k, and brokerage accounts; I wonder if I am track to a comfortable retirement. I use commission free ETFsin a taxable account.”
You’re doing what you think is right, saving, investing, living modestly, but how do you know if you’re on track for retirement?
This question from a reader echoes a common concern.
After all, no one wants more life than money!
Ho...May 28, 2015
What Happens to Retirement Accounts During Bankruptcy?
No one wants to imagine filing for bankruptcy, particularly as they get close to retirement age. Unexpected job losses, injuries, illnesses, or other disasters can leave people owing more than they canafford to pay.
Sixty-two percent of all bankruptcies are related to medical expenses. Other common causes include job loss, divorce, lack of insurance to pay for disaster costs, and poor credit management.
Instea...
May 25, 2015
Stop Tinkering With Your 401(k) to Keep Your Wealth
Retirement accounts functioned differently just a few decades ago. We mailed deposits to our retirement accounts, or banks madedeposits out of our bank accounts and into the brokerage account. To change our asset allocation, we called our stock broker, and he either agreed with us or tried totalk us out of making a bad decision.
Now, thanks to the internet, we can see our 401(k)s with the touch of a button. We can tweak and trade to our heart’s content, and th...
May 21, 2015
Mindful Money
Guest Contributor, 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 chose...
May 18, 2015
How to Prepare for the Coming Inflation
“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” Ronald Reagan
It’s been more than 4 years since I wrote this piece, and there’s still no inflation.
What’s up with that?
Does that mean we won’t be having any more inflation, ever?
Are we in a ‘new normal’?
Or does it mean that I stink at predicting the future?
Likely, I am not great at predicting the future. But with the current inflation rate at -0.1% for the 12 pr...
May 13, 2015
Finovate- A Glimpse into Your Money – Tech Future
Since 2007, Finovate conferences have showcased cutting-edgebanking and financial technology in a unique demo-only format.
Click here for Free micro book-How to Invest and Outperform + Wealth Tips Newsletter
Finovate travels around the world collecting and showcasing the new and noteworthy financial products and innovations. Some of the presenting companies have been around awhile such as Yodlee, who’s...
May 11, 2015
Is a 7% Future Long Term Return Achievable?
In a previous article,I receivedthe following comment, which inspired me to answer the question, “Is a 7% future long term return achievable?”
Little House commented:
“I like how you broke down the asset classes percentages of stocks and bonds. Do you really think we can expect an average return of over 7 percent over the next 30 years? My husband and I were just discussing how savings rates are so low and have been for 10 years. We remember when we were kids in the 80′s...
May 7, 2015
9 Best Mother’s Day Gifts + Activities
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...
May 4, 2015
What to Do With a Pay Raise
After the 2008-2009 recession, it seemed like jobs and wages would never turn around.
If you were lucky enough to have a job, then you were doing the work of two employees and afraid to ask for a raise. Working harder for the same money. And you wondered if this is the “new normal”.
As this is not my first rodeo {I’ve been watching the economic markets for decades}, I knew eventually the deplorable job market would turn around. Wages are finally...
Barbara Friedberg Personal Finance
- Barbara Friedberg's profile
- 63 followers
