So financial independence means the ability to manage your money in such a way that you have sufficient funds to live your chosen lifestyle without assistance from others. In other words, you have enough money to meet all your needs whether you work or not. What an incredible goal. Financial independence is something most everyone would admit to desiring. However, the question often becomes “How Do I Get There?” Well let’s take a look at 3 common methods and I am sure you could probably think of some more on your own.

If you are looking for a brief, plain-English introdution to investing, don’t forget to BUY my book, Dirty Filthy Lies My Broker Taught Me & 101 Truths to Money and Investing. Order my book now and I will also send you my Investor Awareness Guide and listen to our The Seven Deadly Investor Traps that Destroy Your Wealth and the Three Power Strategies to Fix Your Portfolio Fast! These materials will equip you with the information you need to begin putting your investment experience back on track.

Check me out on Fox 35 Orlando in the Good Day show talking about whether you should make credit card payments or mortgage payments. Wow! I never thought this could actually be a real issue. But there is only one way to make this work. COMMUNICATE, COMMUNICATE, COMMUNICATE with both the mortgage company and the credit card companies. You will be very surprised how willing they will be to work tih you. Let’s face it - they want their money and they currently don’t have much of a choice.

If you are looking for a brief, plain-English introdution to investing, don’t forget to BUY my book, Dirty Filthy Lies My Broker Taught Me & 101 Truths to Money and Investing. Order my book now and I will also send you my Investor Awareness Guide and listen to our The Seven Deadly Investor Traps that Destroy Your Wealth and the Three Power Strategies to Fix Your Portfolio Fast! These materials will equip you with the information you need to begin putting your investment experience back on track.

As provided by the New York Times by Paul Sullivan

For the wealthy, index funds have an image problem. They are considered the economy cars of the investing world: they’ll get you there but not in style and you’re always worried they may break down. Anyone at a serious level of wealth, the thinking goes, needs the equivalent of a luxury sedan, with strategic stock choices, hedge funds, private equity, real estate. (more…)

I continue to get asked this question since 2009 was a great year in the market. Because of the uncertainties, shoud we use a stop/loss to protect against the downside?

Don’t forget to BUY my book, Dirty Filthy Lies My Broker Taught Me & 101 Truths to Money and Investing. Order my book now and I will also send you my Investor Awareness Guide and listen to our The Seven Deadly Investor Traps that Destroy Your Wealth and the Three Power Strategies to Fix Your Portfolio Fast! These materials will equip you with the information you need to begin putting your investment experience back on track.

Since the beginning of the year as clients and freinds prepare to file their taxes, I have received a lot of questions in reference to the Home Buyer Tax Credit. I would like to share some very basic and simple information which will hopefully ease your confusion. (more…)

This is a great article I found in Amateur Asset Allocator.

This is one personal finance question that plagues many living paycheck to paycheck. Concerns about handling debt payments and still being able to tuck away cash for the future often lead to a hard choice between one or the other. If you are on the fence about using your cash to eliminate debt or using it to stuff your 401k, there is a lot to consider. (more…)

Originally printed from Dow Jones

If the high number of phone calls to mutual-fund firms and the comments posted to articles on the subject are any sign, savers are showing a lot of interest in converting their traditional individual retirement accounts into Roth IRAs, but they and their advisor should be wary about acting on that desire too hastily because some expensive traps are waiting for the ill-informed. (more…)

by Jane Hodges

I was recently intereviewed by Jane Hodges autor of this article which appeared in the February 1st, 2010 edition of the Wall Street Journal.

Talk about control. In addition to managing themselves, self-employed workers have their own options for retirement saving, too.

Two of the best options: solo 401(k)s and solo Roth 401(k)s. (more…)

On June 7, 2001, President George W. Bush fulfilled his campaign promise to reduce taxes by signing a much ballyhooed $1.35 trillion tax cut package known as the Economic Growth and Tax Relief Reconciliation Act of 2001. The good news is that the new law amounts to the largest tax cut in more than 20 years. The bad news is that some of the changes may expire or may not take effect at all. (more…)

Check me out on my recent appearance on Fox 35.

Don’t forget to BUY my book, Dirty Filthy Lies My Broker Taught Me & 101 Truths to Money and Investing. Order my book now and I will also send you my Investor Awareness Guide and listen to our The Seven Deadly Investor Traps that Destroy Your Wealth and the Three Power Strategies to Fix Your Portfolio Fast! These materials will equip you with the information you need to begin putting your investment experience back on track.