The Wealth Builder Carnival #119

Welcome to the one hundred nineteenth 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 into seven categories: Earning, Insuring and Protecting, Investing, Living Frugally, Retiring, Saving and Taxes.

And now on to the Carnival.

Earning

Jon Rhodes presents Napoleon Hill - The Secrets of How To Think Rich posted at HypnoBusters, saying, "This article illustrates the great Napoleon Hill who closely and personally followed hundreds of geniuses for more than 20 years. These geniuses included people like Henry Ford and Thomas Edison. He observed them, interviewed them, and boiled down this information and found the traits that you can acquire to become successful and rich. This is a fascinating source of wisdom straight from a fountain of success."

Theresa Torres presents How to Use Social Media to Build Trust with Your Clients posted at WSI Simply Social, saying, "Building trust takes time. Follow these steps so you can maximize the use of social media to increase client interaction and brand awareness."

Insuring and Protecting

Super Saver presents A Simple Explanation of Call and Put Options posted at My Wealth Builder, saying, "Think calls = discount coupons and puts = insurance."

Investing

Dividends4Life presents 6 Dividend Stocks Building Superior Long-Term Returns posted at Dividend Growth Stocks, saying, "Investing in Dividend Stocks is a long-term strategy. Frequent buying and selling of dividend stocks can significantly increase your expenses and taxes, thus lowering your returns. A growing dividend is a strong indication of a company's increasing intrinsic value. Great companies that increase dividends tend to have rising share prices over time. Holding only first-rate businesses protects your dividend streams and helps ensure you’ll also get steady price appreciation..."

John Schmoll presents Is it Time to Get Out of the Stock Market? posted at Frugal Rules, saying, "There has been a lot of talk lately about the stock market with its “historic” highs and what investors should do. This is a great time to remember to stick to your investment plan and not give in to fear"

Living Frugally

Sheri presents 10 Ways To Stretch a Dollar So Your Money Doesn’t Stress You posted at Sheri Otto, saying, "Find ways to stretch a dollar do your money goes further."

Retiring

Jason Hull presents How Bad is Bad? The Magnitude of Failure in Retirement Planning Scenarios posted at Hull Financial Planning, saying, "Financial Planners like to give you a percentage of time that your retirement plan will end up without running out of money. Is this the right approach?"

Saving

Bryan presents Best Ways To Save Money posted at Gajizmo, saying, "Saving money isn't easy. There is really only so much you can cut from your budget, but knowing how to save money and finding creative ways to meet your financial goals can make all the difference between a fully-funded retirement and living on social security. Here are in-depth methods of reviewing your spending and finding savings."

Taxes

Kurt presents Forgiven Mortgage Debt Taxable? posted at Money Counselor, saying, "Generally the IRS considers forgiven debt to be taxable income. But don't panic. Broad exclusions apply to cancelled or forgiven mortgage debt."

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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