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359: 10 Financial Moves to Make in 2018

359: 10 Financial Moves to Make in 2018

FromBe Wealthy & Smart


359: 10 Financial Moves to Make in 2018

FromBe Wealthy & Smart

ratings:
Length:
16 minutes
Released:
Jan 1, 2018
Format:
Podcast episode

Description

Learn 10 Financial Moves to Make in 2018. Here are some suggestions to improve your finances in 2018: 1. Review & rebalance portfolio - Make sure you are diversified   2. Consider strategic investments in high growth areas What can you buy low? Commodities? Uranium? Miners?   3. Reduce debt Refi or pay off 4. Save and invest more - Savings accounts have low interest rates, investment accounts offer potential of higher compounding, but have more risk.   5. Think over large purchases Do you really need a new car? Do you need to move? Could you invest instead? 6. Time, Money, Compounding Rate are the 3 things that effect your wealth. Time = years to retirement Money = amount to invest Compounding rate = % you compound money 7. Consider how big picture changed and how it will affect you New tax law, lower taxes? Interest rates rising Cycles are changing 8. Things that didn’t change Your work? Income? Mortgage? Your goals? Your retirement age? 9. Start a side hustle for extra income? - Never easier to start a business   10. Make time to learn about investing. To get “11 Quick Financial Tips to Boost Your Wealth”, go to www.lindapjones.com.          
Released:
Jan 1, 2018
Format:
Podcast episode

Titles in the series (100)

Money, personal finance and financial freedom - get your money to work harder for you so you don't have to work so hard. Linda made $2 million at age 39 and shares actionable knowledge to create wealth in the stock market, real estate, and business. Discover a wealth mentor who shows you a direct path to security, stability and financial freedom. This podcast has a balanced view of how to enjoy life, it is not about frugality. It won't show you how to save a few dollars, it will show you how to save tens of thousands of dollars. Short episodes get to the point without fluff and give you valuable advice you can put to work immediately. Learn the 6 Steps to Wealth by starting with creating a wealthy mindset. Listen to one podcast and you may find yourself binge-listening to the entire library of knowledge. Be sure to subscribe so you don't miss an episode.