Welcome to the weekly roundup where I share with you interesting articles from across the web. I hope you enjoy and absolutely feel free to share and pass along.
Hello everyone and welcome to another edition of the NextGen Wealth Weekly Roundup. Hope you’re having a great week!
Life is good here in the midwest with Spring kicking into full gear and we’re finally starting to get some relatively stable weather...at least temperature wise.
As for the stock market this week, we reached all-time highs once again with the S&P 500 and NASDAQ. One question I always get is “should I invest in the stock market with it as high as it is?” My answer is and always will be YES.
Guess what, just about everything we purchase every single day of our lives is at all-time highs. Your toothpaste, your car, your rent, etc. They all are just about always at all-time highs and you still purchase them so why should investing in the stock market be any different...especially since it’s a long-term appreciating asset.
Just my two sense. So, if you’re ever wondering when is a good time to invest, my answer is and always will be NOW.
So enough of my commentary, let’s jump in and check out some of the best articles I ran across from the past week. Enjoy the weekend and find some time to relax.
First up, we turn to Steve over at ThinkSaveRetire for a fantastic article on what happens when you stop caring what people think. Let’s face it, most of us care what other people think even though it truly makes no difference in the big scheme of things. Why is that and what happens if we decide to stop caring? Well, read this article for some great insights and give it a try...you might just like it.
Next up, we turn to Todd over at Invested Wallet on some great tips to make more money and boost your salary. Now who doesn’t want that? Todd goes into great detail and gives some fantastic examples that I guarantee you could use and try. At the very least, you should implement at least one of his tips.
In the personal finance world, there needs to be more talk about how to increase your salary. Cutting back expenses and budgeting is all great, but provides limitations. Making more money (while challenging at times) has no real limitations on how much you can bring in.
Next up, we turn to Kay Bell over at Don’t Mess with Taxes on how you can adjust your withholdings to ensure you’re not getting a large refund but also so you’re not writing a big check. Getting a big check from the government can be a nice windfall, but all you really did was loan the government money over the last year at 0% interest. In other words, it’s not a good financial move.
High tax filing season is over and the numbers have been tallied. Unfortunately for Republicans who still are fighting the public relations war over their major tax reform law, the figures aren't good. Yes, fractionally more money has been delivered to taxpayers through April 21, almost a week after the filing deadline for most U.S taxpayers.
In our final read of the week, we turn to Robert over at the Eat Money blog on how to set and, more importantly, achieve your goals. Setting goals are one thing but achieving goals are an entirely different animal. Regardless of whether you struggle with one or the other (or both), Robert provides a great guide that will move you to action.
Sometimes life just gets plain overwhelming. Believe me, I've been there. It seems like you get caught in the noise of life and can't make any meaningful progress. Better yet you look back on the last year of your life and maybe you haven't really made progress in the areas that mean the most to you.
Making a lot of money and being wealthy are not synonymous. Even if you make six figures, you can still feel stretched to pay your bills if you don't take the appropriate steps to build wealth. While having a high income is a good starting point, if you spend everything you make, you'll find yourself feeling strapped.
Enjoy the weekend and spend time with family and friends. Take a break from work and give your mind some well-deserved rest from the long week. Cherish the time you have with your family and I guarantee it will make your life much happier!
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NextGen Wealth, LLC is a registered Investment Advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities product, service, or investment strategy. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor, tax professional, or attorney before implementing any strategy or recommendation discussed herein.
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