What's your Ideal Retirement?
Not too sure about you but those pictures of a much younger person in a swinging hammock in an ideal location just don't cut it for me any more.
Yes you guessed it I'm a baby boomer and I'm longer sold on what people think is my ideal retirement.
How about you? What do you really want for your retirement?
202 Tips to Save You More Money Without Having to Sacrifice
Everything keeps going up...gas, groceries, vacations, etc. In fact, almost everything is going up except your salary!
Does any of the following sound familiar to you?You want to go on vacation...but you just don't have enough money.
You go grocery shopping, dont even fill your cart, and end up spending at least $50.00.
Your monthly bills stress you out each month!
You want to have a nice night out on the town but you can't justify the cost.
How would you like it if in just a few minutes you could solve all those problems? You could...
Go out to dinner for half of the price. (See tip #15)
Cut your phone bill 30% - 60%. (See tip #70)
Reduce your monthly medical prescriptions costs by 50%. (See tips #115 and #116)
Save hundreds of dollars on your next vacation. (See tips #134, #135, #145, and many more!)
Go on your next vacation almost for free. (See tip #150)
Get cash back whenever you spend. (See tips #162 and #189)
You will learn how to save on entertainment, restaurants, groceries, retail stores, your monthly bills, cars, medical expenses, vacations, and more! All of these tips take just seconds or minutes to do. You won't have to spend hours or weeks just to be able to save a little bit of money.
You can choose how many tips you want to follow. Even just using one or two of the tips alone could save you hundreds of dollars a year! The more you follow, the more the savings will add up!
Do you want to know the answers to the above plus more great tips on saving money?
Click here for 202 Tips to Save More Money.
Remember every dollar saved is one less you have to earn.
It's All Free for Seniors!
Are you Over 55?
Every year Uncle Sam gives away hundreds of millions of dollars in cash, goods, and services to people just like you.
All this free stuff however, is perhaps one of America's best kept secrets.
Why?
Because the government doesn't advertise! You'll never see signs in Washington, or anywhere else for that matter, saying, "Seniors can get $15,000 to fix up their home", or "Seniors can get free prescription drugs or free legal services", or "Take free college courses", or "Travel free overseas."
Sounds good to me but if the governement doesn't tell you about it and where to get it all then how do you find out about it?
You guessed it someone has written an ebook called
Free for Seniors
Click here for more information about Free for Seniors.
Wealth Gadgets Blog
Most stockmarket products marketed to the trader as a way of making lots of money on the stockmarket are derivatives of stock or shares listed on the various markets around the world. Most of them in my opinion are merely gadgets which make the provider of these products even more money than the trader. Otherwise why would they provide them? In fact in most cases it is a case where the gadget provider is paid no matter if the trader wins or loses.
Fetching RSS feed... please stand byRenting Shares for Income
You rent houses why not shares?
Now you have probably heard about renting houses for income but did you know there is a similar strategy where one rents shares for income. Its proper term is selling covered call options on stock you already own.A simple explanation is that you buy a certain quantity of stock and normally you get a dividend every half-year and also a gain if that stock goes up in price. However you can gain extra income by selling calls on that stock and you keep the premium providing the stock stays below the strike price of the option on expiry date. If however it is trading at or above the strike on expiry date you will be called up to sell the stock at that strike price. If you are modest with your option selection then you will be exercised maybe one or two times in every ten times you write the calls. In fact it is a good way to cut out some of the losses in a falling stock. In all it's can be quite a good income earner.
Be aware that if the stock should increase significantly and you have written call option then you will lose out on the potential gains of the rise in price as your sell price will be pegged at the option strike price you wrote. Unfortunately the best stocks to write calls on are also the ones with less volatility and therefore the lowest premiums. You can write calls on high volatility stocks but be prepared to be called upon to sell your stock more often.
What are the risks of writing covered calls? They are similar to those of owning the stock but with the added risks of missing out on a higher potential gain if the stock should increase significantly in price after you have written the calls. So the same risk management should be used as one does in owning shares. Where it becomes risky is where a trader will buy more shares than his normal risk management allows so that he will get more premium or earn more income from renting the shares.
Therefore renting shares for income is no more risky on the down side than if one just owns the shares however there is also a trade off in income for more potential gains if the stock should rise significantly.
For more information on renting sotcks for income please visit http://www.wealthgadgets.com - a popular stocks website that provides information, tips and online stock resources.
Baby Boomers Living Well In Retirement Blog
Great articles and ideas to make your retirement more enjoyable and prosperous.
Fetching RSS feed... please stand byWhy Not Learn to Knit?
Great keeping the hands and fingers working.
This is the guide I was looking for but couldn't find. It's called Learn How To Knit. And here's just some of what's inside...
Fast-start beginners kit: everything you need to get started at your new hobby FAST! (page 7)
Knitting yarn 101: what you need to know about the different types of yarn, their properties and uses (pages 8)
How to hold the yarn and needle for the best results...even if you're a complete beginner (pages 14)
Beginning steps in knitting: the two best methods of casting on and the steps to starting nearly every knitting project you'll do (pages 15-16)
The 3 basic stitches and how to do them step-by-step with explanations and pictures (pages 17-18)
How to make cables...cast-off... how to attach yarns to your project... and methods of blocking (pages 23-26)
Click here to read more about learning to knit.
Worried About Losing Your Life Savings?
Ignorance and greed are the best firends of con artists!
So how do you protect yourself against inflation? You need to invest in growth assets so that your income will increase as the value of the growh asset increases. Question here is how do you know what is a good investment to achieve this outcome?
I have found a resource which will help educate you and hopefully never lose your hard earned life savings to a fake financial adviser or con artist.
Click here for more information on Victims of Greed
Great Stuff on Amazon for Retirement Reading
This Is Not for Me!
How About You?
OR
Maybe he is miserable because he believed all that BS about retirement being the great reward for working 9 to 5 for forty years.
Well believe it or not they still teach kids at school to do well so you can get a good job, slave for a boss for forty years and live on a pittance for the next 30 or more years in retirement.
Well 30 years of being miserable like this bloke is not my cup of tea at all.
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Baby Boomer's Weather Widget
Just Pick Your Dream Holiday Location and Start Packing
by keries
Welcome Everyone to my little corner of the internet world. Gee it was quite until you arrived. OK you want to know a bit about me. Well not too sure...
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