Carnival of Wealth Building #7

Greetings! Welcome to the 7th edition of the Carnival of Wealth Building. Contrary to our expectations, we have received 19 posts for this edition. It's a good list and I am sure you will enjoy reading these posts. Here are the posts in the order they were received.

Edithyeung presents How To Build a Strong Real Estate Team posted at Stewart Hsu. Being able to find, interview, motivate and work with excellent people can make all the difference between incurring losses vs. achieving stellar returns. It takes time and skill to build and maintain a good team, but that time and effort you invest will undoubtedly yield you greater confidence, better decisions and therefore better results.

Wolf Stone presents 5 Ways to Gauge Market Sentiment posted at Canadian Economy, Commodities And Mining Stocks Through a Fundamental Lens - Wolf Stone. The American Association of Individual Investors Sentiment Survey measures the percentage of individual investors who consider themselves "bullish," "bearish" or "neutral" on the stock market on a weekly basis. The AAII indicator is considered a contrary indicator because individual investors like you and I are considered “last to know”.

KCLau presents How Much is Adequate for Emergency Fund posted at KCLau's Money Tips. If you are putting more money at low risk and liquid account, you are actually building an emergency fund out of that practice. In other words, if you are investing most of your money, you probably increase the risk to get better return, hence reducing the liquid part of your portfolio.

Christopher Smith presents Why I don't like Rich Dad posted at Real Estate Investing in the Real World. It’s hard to argue with the success that Robert T. Kiyoski has had with his Rich Dad series. Head over to Amazon.com and you’ll see almost fifty items on offer. But I'd argue Kiyosaki knows a lot more about selling books than he knows about strategies that will actually help people improve their financial position.

Warren Wong presents Do You Get Money? posted at Personal Development for INTJs. Do you "get" money? Did you know that if you leave your money in the bank gathering interest, you actually lose a little bit of it every year? Read this article to find out more!

Beth Anderson presents Focus = Wealth posted at InvestorCentric. “Wealth is built through concentration and maintained through diversification.”

Roshawn Watson presents Click To Play Be Your Own CFO part 2: Mind Yo... posted at Watson Inc. Many should ask themselves "is working at a job the best way to achieve my goals?" If your goal is financial independence, the answer may startle you. Did you know that business owners are 5 times more likely to become millionaires than typical employees?

Adventures in Money Making presents Is It A Good Time To Invest In Real Estate? posted at Adventures in Money Making. Is It A Good Time To Invest In Real Estate?

Wealth Building Lessons presents Is Sears the Next Berkshire Hathaway? posted at Wealth Building Lessons. Wealth Building Lessons discusses reasons why Sears may be the next Berkshire Hathaway.

Warren Wong presents Grow Your Pile Of Money posted at Personal Development for INTJs. Your Pile of Money is shrinking just by keeping it in the bank! Learn to grow your pile of money here!

The Skilled Investor presents How to lie with statistics: Investment performance charts ? A Tip from The Skilled Investor posted at THE SKILLED INVESTOR Blog. Historical investment performance charts for investment funds might be historically accurate. However, their presentation in advertising, on line, and in printed materials can amount to lies from several perspectives.

Ruby presents 7 Things About Success That You Can Learn From Steve Jobs posted at Advice and Rants. Do you really believe that successful people sit on their asses all day long?

Tim Ramsey presents Reduce Credit Card Debt Quickly posted at My Debt Relief Blog. Stop Using Your Credit Card. This is a massive way you can start to reduce credit card debt quickly, it isn’t rocket science to realize that by continuing to use your credit card is going to plunge you deeper into debt than you already are.

Eric Stanley presents Saving Money - A Top Strategy For Saving Money posted at Personal Finance Blog Articles. Do you find it difficult to save the money you work hard to earn? If so, then this article aims to help you get on top of your funds and start investing in your future.

Thomas Humes presents Wealth Creation- Don?t Start With the Wrong Concept of Wealth posted at Wealth Building World. If you think wealth creation is all about trying to save more money, trying to cut down on your spending, and budgeting then you are very wrong.

Marc and Angel presents When Buying a Car with a Credit Card Makes Cents posted at Marc and Angel. Marc and Angel just purchased a brand new car (Honda Accord Coupe EX-L) on a credit card. You think they’re crazy? Think again. They instantly saved ourselves about $500!

Mark25 presents Taking Smart risks posted at Business School. If you want to achieve anything in life, especially if you want extra income, you’re going to have to take some risks. The risk may come in different forms, whether the amount of time spent, the hard work you are going to put it or the extra money you will need to spend or sacrifice.

Babak presents Homebuilding Sector Merits Attention posted at Trader's Narrative. Although it is always most difficult, it is rewarding to step in and buy when no one else is. Right now sentiment and the technicals have reached a crescendo of pessimism that usually signals an inflection point.

The Mad Money Analyst presents Why Invest in Stocks? posted at The Mad Money Analyst. Simply put, of all the possible types of investments, stocks will provide the best opportunity for growth over time and are a great solution for long-term investing. This idea is the core approach of many investors...

That concludes the 7th edition of the Carnival of Wealth Building. Next edition of this carnival will be hosted here on 10 July, 2007. You can submit your posts here.

Comments

[KCLau]

Great carnival. Thanks for featuring it here.