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Viewing profile - TheWealthSquad

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TheWealthSquad
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Joined: Sun Aug 02, 2009 7:48 pm
Last visited: Thu Apr 28, 2011 7:02 pm
Total posts: 118
[0.13% of all posts / 0.05 posts per day]
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Most active forum: Personal Finance
[ 106 Posts / 89.83% of user’s posts ]
Most active topic: Stock Market investing
[ 8 Posts / 6.78% of user’s posts ]

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Location: East Tennessee
Occupation: Small Business Coach
Interests: economics, psychology, finance,
Website: http://www.AskTheWealthSquad.com/blog/

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http://www.startaninternetbusinessnow.com
http://www.askthewealthsquad.com/blog/

TheWealthSquad Posts

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 Forum: Tips, Tricks, Links, Pointers   Topic: Computer Backup

 Post subject: Re: Computer Backup
Posted: Fri Oct 29, 2010 9:09 am 

Replies: 13
Views: 6679


I use Dropbox for mine. If you have smaller files you can use the free version. If you have a lot of stuff you can use their paid version. It creates a folder on your computer and syncs it with an offsite storage. They use military grade encryption and use Amazon s3 to hold the information. You can ...

 Forum: Personal Finance   Topic: Tony Robbin's Stock Market Perspective

Posted: Mon Aug 23, 2010 10:39 am 

Replies: 11
Views: 1730


It seems the general consensus is that it isn't worth watching. I do apologize for those who think it was a waste of time. I realize Tony has a lot of people who don't like his style, methods, delivery, etc. I am not a huge fan of his but some of his books were good reads. I will keep my eye out for...

 Forum: Personal Finance   Topic: Tony Robbin's Stock Market Perspective

Posted: Sat Aug 21, 2010 10:23 pm 

Replies: 11
Views: 1730


It does start a little slow. He isn't a stock broker nor an expert on the market. The intro is to show where his knowledge is coming from. I can sum it up for you. We are in Winter in the stock market. be protective of your wealth. Don't take risks right now (which could include being in the market ...

 Forum: Personal Finance   Topic: Roth IRA

 Post subject: Re: Roth IRA
Posted: Fri Aug 20, 2010 8:56 am 

Replies: 5
Views: 1353


Check to see if they allow you to invest in ETFs instead of mutual funds. ETFs act like stocks (can be bought at sold at any time not just end of day, can be bought one share at a time, no minimum investments, are low cost as they simply act as mirrors of the market) but are broad indexes similar to...

 Forum: Personal Development   Topic: Considering leaving job to start home business...

Posted: Fri Aug 20, 2010 8:50 am 

Replies: 6
Views: 4112


You have a lot of options. The daycare is obviously one that could provide money to replace your current cash flow from your job. You could also start an online business in the evenings. There are a lot of ways to do it that are low cost (hosting and domain name is about $100 a year, email autorespo...

 Forum: Personal Finance   Topic: Tony Robbin's Stock Market Perspective

Posted: Fri Aug 20, 2010 8:46 am 

Replies: 11
Views: 1730


I just posted a video done by Tony Robbins (the self help guru) regarding the stock market. I thought it was a pretty interesting watch. What do you guys think? Here is a link to the article - Just close the pop up unless you want on my newsletter :) http://www.askthewealthsquad.com/blog/video-stock...

 Forum: Personal Finance   Topic: Possible to earn 1% interest per month?

Posted: Fri Aug 20, 2010 8:43 am 

Replies: 30
Views: 8043


Don't forget the impact taxes will have on those investments as well. Even if you can gain 1% a month you don't get to keep all of it because of taxes (which are going up this year). If you want to get close to your goal you can look at some closed end municipal bond funds. BFK is an example (not a ...

 Forum: Personal Development   Topic: Best Audio Book or Tape on money, success etc...

Posted: Wed Feb 17, 2010 7:25 am 

Replies: 11
Views: 13677


The 5000 Year Leap A Miracle that Changed the world Power of an Hour - Business and Life Mastery in an hour a week Simpleology The Simple Science of getting what you want The Secret Code of Success- 7 Hidden steps to more wealth and happiness Greater than yourself - The ultimate lesson of leadership...

 Forum: Tips, Tricks, Links, Pointers   Topic: Articles We Like

 Post subject: Re: Articles We Like
Posted: Wed Feb 17, 2010 7:06 am 

Replies: 19
Views: 36700


http://www.askthewealthsquad.com/what-is-wealth/

Define what you consider wealth before beginning the journey. Having a clear destination is important to keeping your focus.

 Forum: Tips, Tricks, Links, Pointers   Topic: NEED HELP: Independent vs Dependent Status For Filing Taxes

Posted: Wed Feb 17, 2010 7:04 am 

Replies: 2
Views: 3496


Shara hit the nail on the head. The only way to truly answer that question is to do it both ways. I would be willing to put lunch on it being a better deal for the total (your return and your parents return) for them to claim you. Don't forget about the Making Work Pay credit (Schedule M) and the ed...

 Forum: General Discussion   Topic: Elance?

 Post subject: Re: Elance?
Posted: Thu Jan 21, 2010 9:41 pm 

Replies: 5
Views: 4419


It depends on the type of freelancing you want to do.

I have used elance in the past to get things done. You can also check out guru.com as well as a few others that are reputable.

It really depends on how much you are going to work at it like any other business.

 Forum: General Discussion   Topic: question about stocks and stuff

Posted: Thu Jan 21, 2010 9:40 pm 

Replies: 5
Views: 2149


When it goes public they get shares in exchange for the ownership they are giving up. For example (Simplified to the extreme) Bill starts his company. He owns 100% of it. He wants to take it public but only give up 40% of it to public ownership. They sell 100 shares. He gets 60 of them and they sell...

 Forum: Personal Finance   Topic: Where's a good place to go online to learn about taxes?

Posted: Thu Jan 21, 2010 9:34 pm 

Replies: 21
Views: 2570


Lots of interesting discussion here. A couple of things you want to ask if you get a CPA/accountant to do your taxes. How much training do you have in it? Most accountants unless they specialize in taxation don't have as much training in tax preparation as you might think. If your taxes are complica...

 Forum: Personal Finance   Topic: Which Available Online Tax Software/Service Is Best?

Posted: Thu Jan 21, 2010 9:25 pm 

Replies: 6
Views: 1238


TaxAct

It is free if you file it by paper.

If you want to efile you have a charge. I have used them many times over the years.

Never had any complaints or issues with it.
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