359: 10 Financial Moves to Make in 2018

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.