The Wealth Builder Carnival #10

Welcome to tenth edition of The Wealth Builder Carnival. The purpose of this carnival is to collect articles from the blogosphere on building, preserving and keeping enough wealth for a comfortable retirement. For reference, I have tried to keep the carnival content tightly focused on wealth building. As a result, this carnival did not include submissions that were off topic, e.g. those about debt, debt management, debt reduction, credit scores, credit monitoring, credit card evaluations, or account opening bonuses.

For this carnival, I have organized the posts into seven categories: Earning, Investing, Insuring and Protecting, Living Frugally, Retiring, Saving and Taxes. I have acknowledged bloggers who are in Technorati's Top 100 Finance blogs by showing their 10/11/2010 rank in parentheses. Finally, for some submissions, I have added my perspective and comments related to the post topic.

And now onto the Carnival:

Earning

Silicon Valley Blogger (#1) presents Hoping For A Job Promotion? How To Get Promoted At Work posted at The Digerati Life, writing, "In these difficult economic times, companies the world over are anxiously looking for people who can help their bottom line through innovative ideas and strategies. Believe it or not, any time could be the perfect time to get that promotion if you know what to do."

Super Saver (#15) presents Money making opportunities that aren't for me, posted at My Wealth Builder saying, " I am suspicious of job opportunities that sound too easy, are able to done by anybody, or require application fees to get started."

Insuring and Protecting

Madison DuPaix (#5) presents How to Obtain High Risk Insurance When You Find Yourself Uninsurable posted at My Dollar Plan, saying, "If you've found yourself to be "high risk" for insurance, this is a must-read on how to go about getting coverage."

Khaleef @ KNS Financial (#13) presents Firefighters Let House Burn and Pets Die Over $75 - Is the pay-to-spray fee a good idea? posted at Faithful With A Few, saying, "Firefighters allowed a home to burn down, taking with it pets, precious heirlooms, and memories…all because the owner forgot to pay a $75 premium! Is this a case of insurance gone too far?" Wow! I didn't know about fire protection fees and the risk from not paying them.

FIRE Getters presents Check Scam - Don't Be A Victim! posted at FIRE Finance, saying, "Let us present an anatomy of a check scam. Its always fun to unravel the details of a scam. The best part is to let our friends and relatives know about it so that they don't fall prey to ever new vicious scams ..."

Investing

Dan presents Insane Pattern: Stocks Gain More on First Day of Month Than Rest of Month Combined posted at ETF Base, saying, "There's an incredible pattern in the stock market that until this week received scant attention. Stocks gain more on the 1st day of the month then the rest of the month COMBINED! This is worth checking out if only to ponder the bizarre nature of such a pattern in "efficient markets"."

James Fowlkes presents ETFs vs. Mutual Funds: No Contest posted at JamesFowlkes.com, saying, "If exchange traded funds (ETFs) are good enough for Harvard, shouldn’t they be good enough for you? Harvard University, the richest university in the United States, recently reported large purchases of ETFs that track international markets including China, Brazil and Russia."

Arjun Rudra (#34) presents Global Macro Trading With Michael Yhip of Garrison Hill Capital Management posted at Investing Thesis, saying, "We sit down with global macro trader Michael Yhip of Garrison Hill Capital Management to hear his views on the U.S. dollar, the Canadian dollar, gold, silver and the macro economic situation in the Eurozone."

Matt from Dividend Monk presents All About Dividend Growth Investing posted at Dividend Monk, saying, "An in-depth discussion on the benefits of dividend-growth investing, and how it can be a reliable method of exponentially growing wealth and passive income."

Dividends4Life presents 5 Companies Willing and Capable To Raise Dividends posted at Dividends Value, saying, "The main focus of dividend investing is finding and buying stocks that will continue to raise their dividends in the future. In making this determination there are many factors to consider such as dividend payout ratio, debt levels, the company’s dividend policy and track record."

Steve Smith presents Things to consider about forex trading systems posted at Forex Trading System Central, saying, "If earning money trading the current currency declines is something you would like to try, review trading systems prior to trading real money."

PT presents Meeting with a Fee-Only Certified Financial Planner, Part 1: Finding an Advisor and Gathering Info posted at Prime Time Money, saying, "My experience finding and working with a local CFP."

Mark Fricke presents The 10 most important guidelines to investing posted at Spotlight Investing blog, writing, " Here follows our opinion on the 10 most important things you should remember about investing and building your investment portfolio." Based on my investing experience, this is a very good list.

Sun (#20) presents Where to Buy Gold posted at The Sun’s Financial Diary, writing, "If you are interested in investing in gold (there are also predictions that gold will hit $2,000/ounce), there are a few choices to add gold into your investment portfolio. "

Living Frugally

Wenchypoo presents Loss Leaders and Human Psychology posted at Wisdom From Wenchypoo's Mental Wastebasket, saying, "You can lose money in a grocery store just by the mere placement of groceries...or maybe not--if you know what to look for." A good caution about marketing strategies that can cause people to buy.

NetBiz presents How To Save Money At The Bank posted at Banks That Do Not Use Chexsystems, saying, "People often remember to be frugal at 'regular' stores, but many fail at saving in the very place where they keep their money."

Freefrombroke (#3) presents Sell Your Crap – Interview And New eBook From Adam Of Man Vs Debt posted at Free From Broke, saying, "Interview with Adam Baker of Man vs Debt about how and why you should sell your useless stuff and make money and unclutter your life." I agree with the benefits of decluttering. Typically, our approach is to donate the items to charity and take a tax deduction.

Leave Debt Behind.com presents How To Prepare Your Finances For A New Baby posted at Leave Debt Behind, writing, "Knowing how your new addition will affect the household budget is important to ensure the family remains financially stable."

Retiring

Mike Piper (#26) presents Planning Your Retirement Spending posted at The Oblivious Investor, saying, "Does it make sense for investors to plan to spend the same amount every year during retirement, or is there a better option?" An interesting approach to retirement spending which I had not heard of before.

FMF (#24) presents Eight Steps to Early Semi-Retirement posted at Free Money Finance, saying, "Have you ever wanted to retire early but just can't figure out how? How about early semi-retirement? This post gives the eight steps to follow to make your dreams of retiring early a reality."

Saving

Michael Pruser (#8) presents How Much To Save and How To Do It posted at The Dough Roller, saying, "Everyone should be saving and we'll tell you how and where to do it."

Taxes

Darwin presents Payroll Tax Holiday – How Much Would It Save You? posted at Darwin's Money, saying, "With Congress mulling over a payroll tax as a possible bipartisan stimulus measure, check out how much this would put back in your pocket each month!"

Katie Sorene presents 10 Sunny Places to Escape the Tax Man posted at Travel Blog - Tripbase, saying, "Top 10 sunniest tax havens in the world including info on tax regulations in each territory and motivation to escape to an idyllic tax-free retirement."

David de Souza presents 8 Reasons You Will Need To Complete A Tax Return posted at UK Tax Blog, saying, "Guide to 8 common reasons why you may be asked to complete a tax return."

Alexander Peter presents Claiming a Tax Rebate When Leaving the Country posted at Tax-rebate.org, saying, "If you are leaving the country you may be eligible to claim a tax rebate. Read this post to find out how."

That concludes this edition. Submit your blog article to the next edition of The Wealth Builder Carnival using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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This is not financial, earning, insuring, investing, living, retiring, saving, tax, or wealth building advice. Please consult a professional advisor.

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