Tag Archives: wealth

How to Accumulate and Preserve your wealth

Older adults were anxious about the economy long before this crisis. Retirees feeling very confident of a financial secure retirement fell to 29% in April down from 41% a year earlier, according to a survey conducted by the Employee Benefit Research Institute – the lowest level in 10 years. Younger folks trying to increase their income with better jobs are limited by the increasingly sour labor market. So how does one get wealth and keep it? Follow these tips: • Keep your mind on your money and your money on your mind- Don’t obsess about losses or gains but now is the time to focus on getting every percentage of interest or capital gain that you can. Review all cash and CDs and keep looking for higher interest rate offers. • If you own...