One advantage of being wealthy is that you can spend some of your money on the adventure and fun things you want to do. I believe you can do this, too, as you are building your wealth. None of us knows how long we will live, and part of wealth building is creating life experiences [...]
Have Some Fun With Your Money
by Funding Your Wildest Dreams on May 9, 2010 in Finances, Financial goals, FYWD Articles, Money
Make Your Investments Automatic
by Funding Your Wildest Dreams on May 6, 2010 in Financial goals, Funding Dreams, FYWD Articles, Money
Here is where you can create a habit that will serve you well for your whole investment lifetime: Withdraw money from your savings/spending accounts periodically and invest that money to build wealth. Again, you can set up a withdrawal from your paycheck to go right into your 401 (k) at work or your own IRA [...]
Know Your Personal Tolerance for Taking Risk
by Funding Your Wildest Dreams on May 3, 2010 in Finances, Financial goals, FYWD Articles
Some of you are risk takers — you can sleep at night knowing your stocks might go down as well as up. Others would be very unhappy, perhaps lose sleep, if your investment dropped more than 10%. This is the whole reason to have an investment policy that takes into account how much risk you [...]
Study Investing and Know What You’re Doing
by Funding Your Wildest Dreams on May 1, 2010 in Financial goals, Funding Dreams, FYWD Articles
Donald Trump, billionaire and financial educator, says, "The best way to invest without excess risk is to be prepared. Learn about investments and never invest in something that you don’t understand. " I agree. While you can get advice from financial professionals, no one cares more about your money than you do. Read financial magazines [...]
