Hi All,

We DINKs are hard at work, so today’s posting is a quick 4 minute interview with Dr. Boyce Watkins. Watkins gives a quick rundown on what investment clubs are and discusses some of the pitfalls of getting them set up. Its worth a look if you haven’t heard about investment clubs or are curious about starting one.

Best,

James

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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