Barbara Friedberg's Blog: Barbara Friedberg Personal Finance, page 43
April 30, 2015
Money Mash Up-US News + Investopedia + Podcasts
You may have missed some of my recent work across the web. Please enjoy this taste of investing, real estate, career, parenting, and financial advisor relatedarticles and podcasts from my online partners.
Apply These 2 Stock Market Tips to Real Estate Investing-Learn about investing in real estate, the good and the bad in my conversation@Joe Fairless Podcast. Find out a tidbit abo...
April 27, 2015
The Saving Secret Worth $366,000
Latest news just in from Sun Trust Bank Survey: “Many higher income households are living paycheck-to-paycheck”
We are notoriously bad at imagining our future. In fact I remember playing with my Great Aunt as an 8 year old and thinking, “I’m never going to be this old, ever”. Then I remember thinking about how old I’d be when the new millennium came, and the same thought reoccurred, “I’ll never be that old”.
This inability to image the future is a problem...
April 23, 2015
The One Page Financial Plan
Carl Richards hits the nail on the head when he begins with The Most Important Important Money Question, “Why?”
He’s touching on the issue that most people never explore; What are you going to do with your money?
This leads into your personal values. And that’s where the Dr. Phil similarity lies. Richards recommends drilling down, really deep in terms of what’s important to you. And he means “you”, not your...
April 20, 2015
Top Money Sites for Millennials {To Get You Out of Mom’s Basement}
Are you a millennial hoping to get a decent job, find a partner, make some money, buy a house, and get off Mom and Dad’s couch? Then this article is for you.
In order to be successful in life, you need to take care of life’s basics. You likely realize that childhood is over and it’s time to step up and take responsibility for your life. Here are the top sites to give you guidance, information and the nudge you need for financial success.
The College Investor-R...
April 16, 2015
File a Tax Extension-Save Time, Reduce Stress
Federal Taxes are due on April 15th.“A tax extension is an extension of time to file your tax return. However, it isnot an extension of time to pay your entire tax bill.”efile.com
I used to believe that it was a character defect to get an extension on paying taxes. I didn’t realize that as long as the bill is paid in full by the due date, then there’s no harm in delaying the paper work. And the IRS g...
April 13, 2015
How to Choose Mutual Funds? Reader Question
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 overwhelme...
April 9, 2015
How to Handle a Tax Audit; the IRS Says I Owe $25,000
The thick IRS letter arrived and I assumed it enclosed the tax forms I ordered. I was wrong. The letter contained a list of 5 sources of income that were not included on my 2010 tax return. Total bill due the IRS including penalties and interest, $25,000.00.
Panic set in.
Ironically, 2010 was the year I was exceptionally familiar with the tax law as I served as a VITA volunteer tax preparer for the IRS. What was going on?
I caught my breath and raced upstairs...
April 6, 2015
5 Keys to the Perfect Scam
Setting; A hot day in the most popular Asian city, teeming with tourists and excitement.
My husband and I were walking down a metropolitan city street towards the beautiful grand central park for a Saturday morning stroll.
“Are you American?” asks the impeccably dressed man, in perfect English.
“Yes we are,” my husband replied. Not one to be swayed by strangers, having grown up in NYC, my husband knew a swindle, from a mile away.
“I’m a dentist waiting f...
April 2, 2015
Is Cash Investing Obsolete?
Atypical portfolio includes stock financial assets, bond type assets, and pinch of cash in its asset allocation. In fact, Schwab Intelligent Advisor’s new robo platform includes a reasonable allocation to cash. I’ll admit that I’m old school and getting more conservative with age, and I like cash.
There’s something nice with knowing that you have some cash in your portfolio.
I know, the cash investing returns are paltry.
Interest rates are near zero.
Heck, cash’s competitors T...
Is Cash Investing an Obsolete?
Atypical portfolio includes stock financial assets, bond type assets, and pinch of cash in its asset allocation. In fact, Schwab Intelligent Advisor’s new robo platform includes a reasonable allocation to cash. I’ll admit that I’m old school and getting more conservative with age, and I like cash.
There’s something nice with knowing that you have some cash in your portfolio.
I know, the cash investing returns are paltry.
Interest rates are near zero.
Heck, cash’s competitors T...
Barbara Friedberg Personal Finance
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