The Wealth Builder Carnival #38

Welcome to the thirty-eighth 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, Insuring and Protecting, Investing, Living Frugally, Retiring, Saving and Taxes.


And now onto the Carnival:

Earning

Darwin presents Day-Trading is a Total Scam. Don’t Fall For the Pitch posted at Darwin's Money, saying, "You've heard the pitch for incredible "Trading Systems" and working from home as a day-trader. It's a total scam. Here's why."

Insuring and Protecting

None

Investing

Dividends4Life presents 8 Dividend Stocks For The Ultimate In Deferred Gratification posted at Dividend Growth Stocks, saying, "Deferred gratification is a principle where one or more people choose to postpone near-term benefits in order to enhance their chances of greater benefits in the future. In our microwave society marked by the ‘I want it now’ attitude, it is unusual to find someone willing to wait."

Kevin presents Adam’s Golf: A Balanced Micro Cap Golf Stock posted at Invest It Wisely, saying, "Adam’s Golf (ADGF) is the micro-cap of all micro capitalization stocks—you could buy the company outright for just over $42 million dollars. But while its small size may be threatening to some, it is important to remember that sometimes the biggest earners come in the smallest of stocks. This stock, I believe, is one such stock."

Boomer presents When You Need Cash From Your Investments posted at Boomer & Echo, saying, "Consider your needs when cashing in your investments. Are you having a short-term financial dilemma, making changes to your lifestyle or starting to fund your retirement?"

Dividend Growth Investor presents Reinvesting Dividends Pays Off posted at Dividend Growth Investor, saying, "The moral of the story is to save a lot, buy quality dividend growth stocks at the right times and reinvest dividends when you can."

Diva presents AssetBuilder and My Rollover IRA Part 2 posted at Diva In Debt, saying, "Continuing my blog story about why I selected AssetBuilder to invest my Rollover IRA and the subsequent investment strategy and model portfolio I invested in."

Living Frugally

Khaleef @ KNS Financial presents Can I Afford That? posted at Faithful With A Few, saying, "Can I afford that? This is a question that we need to ask before we make any purchase. It has nothing to do with monthly payments, but with our bank accounts!"

Retiring

Mike Piper presents How Social Security Benefits Are Calculated posted at The Oblivious Investor, saying, "Given that Social Security makes up a significant portion of retirement income for most US retirees, it's worth knowing how your benefits are calculated."

Saving

Tarik presents Be wealthy today - by cutting your paycheck in half.. posted at Success starts today, saying, "To be wealthy every day of your life, you need to have some savings aside. It is simply not easy to go day to day without any money saved. Even $100 is enough to start with. Don’t have even that? Start with $1. You don’t have to be financially free to feel wealthy, you need to have a sound financial system in place to be wealthy. Learn to save money, invest it, and reinvest it starting this month."

Taxes

Al Peters presents Are You Keeping The Correct Tax Records? posted at TaxFix Feed Update, saying, "This article explains the need and way to keep the correct tax records."

The Amateur Financier presents Preparing for Next Year’s Taxes posted at The Amateur Financier, saying, "Advice on what you can do now to decrease the amount you'll owe in taxes next year, as it's always good to think ahead when it comes to money."

Jim Yih presents Are You Taking Advantage of the Pension Income Tax Credit? posted at Retire Happy Blog, saying, "The Pension Income Tax credit is available to Canadians that are 55 years of age or older."

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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