The Wealth Builder Carnival #16

Welcome to sixteenth 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 and did not include submissions that were off topic.

For reading convenience, I have listed the posts with brief summaries, often by the author, and organized them into seven categories: Earning, Investing, Insuring and Protecting, Living Frugally, Retiring, Saving and Taxes.

And now onto the Carnival:

Earning

The Problem with Corporate Sales Training - "Why every sales person should be themselves and throw away their boring scripts. It is time to change"

Career Insurance: Insuring Your Most Valuable Asset -"As with anything valuable, you need to take steps to protect your career. That's why financial websites recommend life, health, and disability insurance -- to protect/replace the value of your career in case you die, get sick, or are physically unable to work. Having some form of these insurances is generally wise for almost every worker. But there's another form of insurance that's equally essential. This insurance is free, but it will take some work and planning. I call it "Career Insurance". This Career Insurance is not a product you can buy, but a series of actions you can proactively take to minimize the chance that your career will take a major hit."

Should You Take on Personal Debt to Fund Your Business? - "While tapping into ones personal assets may seem like the quickest and best way to fund your business, there may be many potential nightmares down the road."

Insuring and Protecting

Tools - FireSafe Your Personal Finance Documents! - "It's a nice idea to keep our important personal finance stuff in such a way that we can grab hold of it and leave at a moment's notice. In case we cannot do so, it'd be great to have a back-up at a safe place with an easy access in case of natural calamities or unforeseen disasters ...."

The 12 Cyber-Scams of Christmas - "Why give others potential access to your wealth when you don't have to?"

7 little-known facts everyone should learn before buying car insurance - "Here are 7 little-known facts that could save you money in purchasing your car insurance."

The Question to Ask when Choosing Term Life Insurance: What Are You Protecting? - "We recently began working with a financial planner, and as part of our complete financial planning, looked at term life insurance options. I’m putting this article about term life insurance under “Building Wealth” and “Master Your Money” but it can easily fall under the “Retirement Planning” and “Wealth/Life Balance” categories."

5 Credit Card Protections You Might Have - "Many of our credit card companies offer us protections and if don’t know about it we might just be missing out."

Investing

How to Buy ETFs - "To buy and sell ETFs, you first need a brokerage account."

Discussing Investing In Income Producing Assets Like Bonds And Dividend Stocks with Benoit Poliquin, CFA of Pallas Athena - "Discussing income investing using preferred shares and dividend stocks."

13 Dividend Stocks Providing A Growing Income - "How much money will you need for retirement? This a very difficult question to answer. There are many factors and assumptions that go into estimating the income that will be needed in retirement. However, one certainty is that if you only invest in fixed income instruments, you will need more than if your investments provide you a growing income."

International Bond ETFs and Funds: Should You Own Them? - "Does it make sense for U.S. investors to own international bond ETFs or funds?"

How to Use the Dividend Growth Rate to Select Income Stocks - "Collecting dividend payments from stocks is an excellent way to help prepare for retirement as well as supplement your current income. Savvy investors have been buying up the top dividend stocks for years, slowly building a solid and long lasting income stream. So how do these successful investors know which dividend paying stocks to pick? It is surely not by chasing the highest yields."

Forex Trading 101: Major Currency Pairs, Most Traded Currencies, & More -"While not the way to invest for retirement, Forex trading can be a way to invest for the high-risk portion of your portfolio. This is a brief intro to Forex trading."

How to Invest - "A blog post that offers suggestions on how to find sound investments that accrue interest over the rate of inflation."

Living Frugally

Top 8 Most Wanted Gifts This Christmas And How To Get Them At a Discount -"A nice round up of the top 8 Christmas gifts for 2010 and how to get them at a discount."

Stop! You're Poisoning Yourself - "If we don’t curb our spending on the toys rather than the 'value-adds' we will come to financial ruin."

5 Credit Card Spending Tips for the Holidays -"These five tips can help people who tend to accidentally overspend while shopping avoid racking up credit card debt during the holidays."

12 Inexpensive Christmas Gifts Under $20 - "Some great, inexpensive Christmas gift ideas!"

Black Friday 2010 Deals: Walmart - "Walmart has posted it’s Black Friday 2010 Ads and circular! There are so many items that have deep discounts! I have posted the full Walmart Black Friday circular so you can develop your shopping strategy!"

Retiring

Tax Efficient Investing For Retirement - "Investing for retirement with an eye on tax efficiency."

Choosing Between an IRA and a Roth IRA - "Getting the best investment return and the best tax outcome for your retirement account requires knowing how to fund your traditional IRA and your Roth IRA."

Saving

What that dollar in your pocket isn’t worth - "Measuring yesterday’s devalued dollar against today’s is one thing. Measuring it against gold is something different."

Building Wealth on $1 Per Day - New Calculations - "Here's one reason to start saving early and often."

Taxes

4 Things Everyone Should Know About Inheritance Tax - "Guide to inheritance tax, how it works and what tax allowances you can claim"

Flexible and Health Savings Account Changes for 2011 – Over the Counter Medicine Reimbursement - "Do you use a flexible spending or health savings account? If so you need to know about how over-the-counter drugs are being treated in your plan next year."


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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