The Wealth Builder Carnival #30

Welcome to the thirtieth 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, the posts are listed with a brief summary or comment by the submitter and organized them into seven categories: Earning, Investing, Insuring and Protecting, Living Frugally, Retiring, Saving and Taxes.

And now onto the Carnival:

Earning

Lee Phillips presents Do I Need an LLC Lawyer? posted at LLC Wizard, saying, "When you compare an LLC, or Limited Liability Company, to a sole proprietorship or a corporation, it has many advantages: limited liability, great tax advantages, and that it is very easy to set up and dissolve. Many people think that they must involve a lawyer to set up an LLC, but that is not the case. The process of forming an LLC is quite simple, there are only a few requirements."

Insuring and Protecting

CreditCardGuru presents American Express Premium Car Rental Protection Review posted at credit card forum [the blog], saying, "An in-depth look at the new "Premium" car rental protection which is an optional upgrade offered on all American Express cards. Find out when this extra upsell is and isn't worth it."

Khaleef @ KNS Financial presents 4 Credit Card Benefits You Should Not Ignore posted at Faithful With A Few, saying, "There are many credit card benefits to consider before cutting up those cards! Find out the 4 most common credit card benefits, and if they are right for you!"

Investing

Hussein Sumar presents Risk Adjusted Return & its Applicability to Mutual Funds Investing posted at Best Mutual Funds, saying, "Risk Adjusted Return aims to measure the return on investment (ROI) of a particular asset compared to its peer assets with similar risk profiles. Risk adjusted return helps to analyze whether an investor is getting the highest possible return for the least possible risk on a particular investment."

Dividends4Life presents 25 Dividend Stocks Raising Their Yield On Cost posted at Dividends Value, saying, "There are income investors and Dividend Growth investors. While the distinction is rather simple, it slips past many casual observers. Income investors are investing for maximum current income, while dividend growth investors are looking to maximize income over an extended period of time — usually sacrificing current income for potential greater future earnings."

Michael Pruser presents Ally Bank’s 10-Day Rate Guarantee on CD’s posted at The Dough Roller, saying, "Boring ole CD's may not give the greatest returns, but show me something else this guaranteed."

Living Frugally

MoneyNing presents Is There Such a Thing as Good Debt? posted at Money Ning, saying, "Do you think there is any type of debt that's actually good? Why?"

Michael presents Advantages of Buying a House With Cash posted at Consumerism Commentary, saying, "If you can afford it, there are some extreme advantages to buying a house with cash."

Retiring

Steve presents The Benefits of a Roth IRA posted at 2008 Taxes, saying, "A Roth IRA is the best retirement plan for almost all tax payers in the US."

Charles Tran presents 6 Secrets to Building and Preserving Wealth for Retirement posted at CreditDonkey.com Tips, saying, "Build and preserve wealth for your golden years"

Boomer presents Defined Contribution Plan posted at Boomer & Echo, saying, "Defined benefit pensions have been in decline over the past two decades in favour of the defined contribution plan, where plan membership has doubled over the same time period."

2 Cents presents Safe Retirement Withdrawal Rates and Probable Outcomes posted at Balance Junkie, saying, "Secular stock cycles and valuations can have a significant effect on the longevity of your retirement savings. Many advisors miss these factors in their calculations."

Saving

LaTisha D Styles presents Manage Your Money Like a Banker posted at Financial Success for Young Adults, saying, "What we can learn about money management from one of the biggest banks in the world."

Ryan @ MFN presents Your Actions Show Your Financial Priorities posted at The Military Wallet, saying, "Many people talk a good talk, but don't back it up. Setting strong financial priorities, and more importantly, following through with them, is essential to become financially independent."

Taxes

PT presents Alternative Minimum Tax Patch for Tax Year 2010 posted at Prime Time Money, saying, "Confused about the Alternative Minimum Tax? Here is a clear explanation about the AMT and 2010's patch to the tax."

Madison DuPaix presents 8917 Form for Tuition and Fees Tax Deduction posted at My Dollar Plan, saying, "If you or a dependent is in school, you may have some valuable tax deductions available."

Odysseas presents Not Even the Unemployed are Exempt Come Tax Time posted at Wallet Blog, saying, "I explain how I helped a friend try to lessen the burden on his financial situation after finding out that he will still have to pay taxes on his unemployment benefits."

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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