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Barbara Friedberg
Works at Wealth Media, LLC
Attended Penn State
Lives in San Francisco Bay Area, CA
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Barbara Friedberg

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Can the Harvard Endowment Returns Win Over a Lazy Passive Investment Approach?
Imagine you had the choice between investing your money with the Harvard endowment fund managers or going with a lazy passive index fund approach? Which would you choose?
Harvard is one of the top universities in the world, home to the most brilliant professors and students. A Harvard degree is basically a ticket to professional success. So you would think that Harvard endowment returns would surpass the returns of the most basic passive index fund investment strategy.
The Harvard Endowment Lost Almost $2 Billion in 2016
In fiscal year 2016, ending on June 30 of this year, the Harvard university endowment fund reported a 2 percent loss. The fund’s value sunk from $37.6 billion down to $35.7 billion. The explanation for the loss was, a combination of low interest rates, market volatility and execution. In other words, economic factors and the fund managers are to blame. Volatility is an investing reality, nothing new. Interest rates have been low since 2009. The explanation for Harvard’s poor performance is weak.
Certainly, anyone can have a bad year, but Harvard? Sure, even Harvard misses the mark on occasion, but President and CEO Robert A. Ettl’s explanation is feeble.
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Barbara Friedberg

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I remember, decades ago, scrimping and saving for the future. Living well beneath our moderate salary and saving and investing for the future. Decades later, the results are astounding. During the life of our family, we made hard decisions. We focused on slashing the costs of the big ticket items, such as our home and cars, as well as the smaller ones:
Moved to a lower cost of living area while raising our family
Eating in, bringing our lunches instead of eating out
Driving our cars for decades
Buying less home than we could afford
Investing automatically
Build wealth to become financially free; and it’s not all about the money. More people get depressed, get divorced, and get stressed over money issues than most other worries. By eliminating the living paycheck to paycheck fears and making money to build long term wealth, emergency savings, and money for retirement, you remove one of life’s greatest stressors.
Money won’t solve all of your problems, but it will help with financial issues. Building wealth, for most folks, takes awhile. Just like any goal, there’s a learning curve, or building the skills, and then putting them into practice day-by-day, over time. Practice these five tips and you will build wealth for a lifetime.
Money making ways to build wealth and get rich. Get rich one step at a time with 5 proven tips. More education, side income, + more tips to more money.
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Barbara Friedberg

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Get the Answer – At What Age Can I Retire?
Are you interested in discovering whether your current lifestyle, savings and spending plans will leave with you enough money today and in retirement? Find out today whether you’ll have enough money to retire.
Most of us strive to make better decisions when it comes to money. “Better” can mean a lot of things. Yet, when it comes down to it, better means acting in a way that balances achieving the long term financial goals you care about the most, against quality of life today, all the while being able to pay the bills.
Here's how to discover whether you'll have enough money to retire. Here's a free financial forecasting tool to help plan for future goals + retirement.
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Barbara Friedberg

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My Personal Turn-Around Story Which Ultimately Led to Wealth
Growing up, I had a low self-esteem. Realistically, there was nothing wrong with me. I had two loving parents, a sister, a home, a dog and plenty of friends and relatives. I was intelligent enough and did well in school. But, most of the time, I didn’t think I measured up. I didn’t think I was pretty enough, smart enough — or rich enough.
So, what do these insecurities have to do with saving money? Find out how your mind can trick you into thinking that having lots of things will make your life great. Ultimately, you’ll learn the secrets to building financial security — by changing your thinking and your behaviors.
The Early Days
It all began with my mom and dad’s background.
My dad, born into poverty, worked since he was age 10 and ultimately became a successful entrepreneur. My mom, born into middle class, was raised in a two-bedroom apartment with cost-focused parents. My parents were children during the Great Depression. They shared a similar value set; live within your means, work hard, take calculated risks and save a portion of all income. Those values were embedded in my upbringing.
Mom and Dad bought their first house together when I was age 5. They had a choice to buy a relatively expensive home in a tiny neighborhood or a fixer in an older, established neighborhood. They chose the fixer-upper, gutted it and made it their own — all for a fraction of the cost of the home in the upscale neighborhood.
My dad loved luxury cars, but he grew up dirt poor. In order to buy his first car, he learned to work on cars, bought an older model and made the repairs himself. As he aged, he rarely bought a new car but chose a slightly used Cadillac, Mercedes or Lincoln Continental.
My Personal Turn-Around Story Which Ultimately Led to Wealth Growing up, I had a low self-esteem. Realistically, there was nothing wrong with me. I had two loving parents, a sister, a home, a dog and plenty of friends and relatives. I was intelligent enough and did well in school. But, most of the time, I …
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Read my thoughts in this article by Ralph R. Ortega
Like their clients, brokers too need to watch how they react to markets.
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Corporate and business credit cards are two distinct animals. The corporate credit card is issued to very large businesses, generally with revenues of several million to billions of dollars. The liability for nonpayment of the card bill rests with the company, not an individual.

The business credit card is a more widely serviceable product and applicable to companies of all sizes, from mom-and-pop enterprises to limited liability companies with several million dollars in billings. Find out the details, fees, and pros and cons of both types of cards to determine the right product if you plan to start a small business — or if you already have a venture that is up and running.
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Announced last year, Clinton’s New College Compact promises to help make paying for college easier — and even free in some cases. Here’s the skinny on her plan:

Eliminate college tuition at in-state colleges and universities for working families with incomes up to $125,000.
Assist middle- and lower-income students with non-tuition expenses.
Help college graduates manage student loan debt.
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1. Great move to start with a compliment
Upon inquiring about Brian’s well being, he mentioned that he’s not doing too well due to his case of poison ivy.
2. Garner sympathy
He went on to comment about the two big brown patches in our yard where some trees were recently removed. Genially, he offered, “I have everything in my truck today to reseed the bare areas. I’m looking to offer you more services and help keep your lawn beautiful.”
3. Ask for what you want
How could I say no?
Learn to negotiate, make more money, get more clients and grow your wealth. Grasp negotiating for more big and small wins!
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Barbara Friedberg

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1. Great move to start with a compliment
Upon inquiring about Brian’s well being, he mentioned that he’s not doing too well due to his case of poison ivy.
2. Garner sympathy
He went on to comment about the two big brown patches in our yard where some trees were recently removed. Genially, he offered, “I have everything in my truck today to reseed the bare areas. I’m looking to offer you more services and help keep your lawn beautiful.”
3. Ask for what you want
How could I say no?
I was in a great mood, due to his initial compliment. Then, I empathized with Brian about his poison ivy. He set me up to say yes. When you are in a good mood, you tend to say “yes.” Needless to say, I agreed to the additional services. Brian made some extra cash that day, and I got some work completed I probably could have done myself for half the cost. Nevertheless, I was happy and so was Brian.
4. Deliver outstanding service
Learn to negotiate, make more money, get more clients and grow your wealth. Grasp negotiating for more big and small wins!
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Wealthfront’s ‘pre portfolio set-up’ options are impressive. There are a variety of exploratory questions for diverse personal scenarios. In this ‘how to sign up for Wealthfront article, you receive an overview of the sign up process and initial questionnaire.

Ultimately, an investment portfolio should be as personalized as possible and take into account your situation, risk tolerance, net worth and more. Wealthfront makes a detailed effort to get it right. We’ll delve into where Wealthfront nailed it and what could be improved.

How to Sign Up for Wealthfront-The Welcome Screen
“More than 90% of portfolios aren’t invested the right way for the long term. Is yours?” ~Wealthfront.com

Too many choices are paralyzing, so the initial 2 question choice is great. Next,find out what’s behind each choice.

Review My Current Portfolio
The ‘Review My Current Portfolio’ selection assumes that you already own a few investments and want the Wealthfront take on your portfolio.

When you choose the ‘Review My Current Portfolio’ button here’s what you’ll find:

You quickly create an account so that Wealthfront can link to your existing brokerage account(s). Next, to give you the most accurate analysis, we linked to a taxable personal investment brokerage account. This aspect of the ‘How to Sign Up for Wealthfront’ was stellar – the account linked smoothly and literally took less than a minute.

If you bank online, then you should be comfortable with the security. At present, Wealthfront isn’t set up to handle accounts with multi-factor authentication.

Next, the platform asks you to choose what you’re looking for in a portfolio manager or financial advisor. You can choose any or all of the options:

I’d like to create a diversified investment portfolio.
I’d like to save money on my taxes.
I’d like someone to completely manage my investments, so that I don’t have to.
I’d like to match or beat the performance of the markets.
When previewing the platform, I selected all the choices.
Explore how to sign up for Wealthfront + learn what goes in to their secret portfolio creation sauce. You'll get a deep evaluation of the platform set up..
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Story
Tagline
Barbara Friedberg Personal Finance - Save, Invest, Build Wealth
Introduction
Investing + finance writer, former portfolio manager, university Investments instructor & website publisher; http://barbarafriedbergpersonalfinance.com and http://www.roboadvisorpros.com/
Bragging rights
"How to Get Rich; Wealth Building Guide for the Financially Illiterate" on Amazon, http://barbarafriedbergpersonalfinance.com/press/ Editor and author of "Personal Finance: An Encyclopedia of Modern Money Management" (Greenwood, an imprint of ABC-CLIO, 2014)
Education
  • Penn State
    MBA-finance
  • Miami University
    MS-Counseling
  • University of Cincinnati
    BS-Economics
Basic Information
Gender
Female
Other names
Barbara Fabe Friedberg
Work
Occupation
Investment and finance journalist-former portfolio mgr.
Skills
Investing, Portfolio Management, Writing, Publishing
Employment
  • Wealth Media, LLC
    CEO, 2013 - present
  • Barbara Friedberg Personal Finance
    Publisher, 2010 - present
    Barbara Friedberg Personal Finance.com - Save, Invest, Build Wealth
  • Cadco, Inc.
    CFO, portfolio manager, 1998 - 2014
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
San Francisco Bay Area, CA
Barbara Friedberg's +1's are the things they like, agree with, or want to recommend.
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