The Wealth Builder Carnival #50

Welcome to the fiftieth 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

Matt presents How to buy a business bad credit and no money posted at ocMOZ.com, saying, "Buying a business with as little as $200 in your pocket!"

B.B. presents Quick and Easy Passive Income Ideas posted at Beating Broke, saying, "When you’re first getting started, there are several ways you can set up some small passive income streams that will provide you with different forms of passive income. Here’s a few passive income ideas."

Investing

Dividends4Life presents 7 High-Yield Dividend Achievers With 25 Years of Increases posted at Dividend Growth Stocks, saying, "While the S&P 500 Dividend Aristocrats may be the most recognized list of dividend stocks, it is certainty not the largest. Since the Dividend Aristocrats list is limited to only stocks included in the S&P 500 Index, many smaller stocks are excluded. To expand the population of potential investments, many investors look at the dividend growth stocks included in Broad Dividend Achievers™ list."

Mike Piper presents A Request for Vanguard (or Fidelity, or Schwab…) posted at The Oblivious Investor, saying, "Why don't more brokerage firms allow for one-step rebalancing, rather than having to enter a separate transaction for each of your holdings?"

My Journey presents October 2011 Dividend Investment Portfolio Update posted at My Journey to Millions, saying, "About 18 months ago, I started my Perpetual Income Machine which then eventually morphed into my dividend investment portfolio. Now every couple months I update those specific stocks which are on my “watch list” for the following months to come."

Investor Junkie presents When Should You Sell A Stock? posted at Investor Junkie, saying, "When trying to decide when to sell a stock, you need to take a step back and figure out how selling (or not) might affect you in the long run."

Joshua M Schultz presents Inter-Strategy Correlation Risk posted at The Corner Office, saying, "A talk on the diversification benefits of Multiple Strategies"

Living Frugally

Marie presents Smaller House = Smaller Mortgage = Better Lifestyle posted at Money Spending Mommy, saying, "A small home may not be as glamorous as a large mansion. But it does offer advantages of its own. These include:"

Jon Elder presents Let Savings Fall Onto Your Lap posted at Free Money Wisdom, saying, "As a massive money-saver, I really enjoy the fact that my off-season vacationing can lead to a lot of savings, but most of all I appreciate dealing with a lot less crowds!"

Mckay Stevens presents Buying Versus Renting posted at Vacancy.com, saying, "To buy or to rent is a perplexing question. Both can be good options if you know how to gauge your situation. Learn the pros and cons of both as well as some great tips."

Retiring

David Leeman presents Financial Planning for Retirement, Basic Financial Planning posted at Financial Freedom Advantage, saying, "It is never too early to start basic financial planning. Though it is a process that is easy to put off, too many find themselves at the end of a working career with no idea how they will survive financially for the next several years."

Boomer presents Minimize Your Estate Costs posted at Boomer & Echo, saying, "There’s an old saying that goes, “The only things that are certain are death and taxes.” But, even after you die, you still don’t get out of paying income tax."

Lazy Man and Money presents Is Social Security a Ponzi Scheme? (Part 3: How to Fix Social Security) posted at Lazy Man and Money, saying, "I still plan for my retirement as if Social Security doesn't exist - simply because a lot can happen in the 30 years before I get to take it. If I do end up receiving benefits, that’s just frosting on the retirement cake."

Saving

Dividends For The Long Run presents Book Review: The Millionaire Next Door posted at Dividends For The Long Run, saying, "A review of Dr. Thomas J. Stanley's bestseller The Millionaire Mind. I expand on three major concepts from the book and look at how they can be used to assess an individual's progress toward achieving true financial health as measured by net worth."

Taxes

Mark Roberts presents How To Choose The Right Filing Status posted at Tax Brackets, saying, "This article provides a guide to choosing the right filing status for your tax return."

Gemma Flannery presents Tax Codes and your Personal Allowance posted at Tax Codes, saying, "Each year you can earn a certain amount tax free. This post shows how your tax code is affected by your tax code."

J.B. presents Simplifying the Tax Code posted at My University Money, saying, "Band aid solutions are never good, and they shouldn't be used on our tax codes."

Steve Zussino presents The Great American Tax Hunt for Canadians posted at Canadian Personal Finance, saying, "The U.S. Internal Revenue Service is on a campaign to chase down Americans squirreling funds offshore to evade paying taxes. But the crackdown aimed at large-scale tax evaders is also hitting people of more modest means."

Gregory Stokes presents Your Basic Guide to Child Tax Credit posted at Tax Credit Calculator, saying, "If you have children under the age of 16 you may be able to claim child tax credits. This post is a guide on how to make claim."

Marie presents How You Can Donate Your Car for Tax Credit posted at Money Spending Mommy, saying, "Donating a car is a great way to help a worthy charity. And it can also save you money on your tax bill."

Jonathan from Debt Loans presents Tax Deductions for Freelancers, Part 1 posted at Frugal Living, saying, "While you run the risk of getting slammed with taxes because you never had them taken out of your paycheck, there is a silver lining: freelancers can claim a ton of deductions. And when I say a ton I really mean a ton. Below you will find a list of common deductions freelancers can claim when filing their taxes."

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.

Technorati tags: the wealth builder carnival, blog carnival.

For more on Ideas You Can Use, check back every Tuesday for a new segment.

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

Copyright © 2011 Achievement Catalyst, LLC