Barbara Friedberg – Finance Blogger & Expert Investor (Interview)
About Barbara, her business and recommendations
First of all, thanks a lot for taking the time for this interview! In the beginning, please, tell us a little bit more about yourself.
I’m a veteran portfolio manager, expert investor, and former university finance instructor.
I’ve written (or edited and written) three books:
#interview with @barbfriedberg - veteran portfolio manager, expert #investor and former university finance instructor. | via @DAYTRADINGz
I‘m CEO of roboadvisorpros.com, a robo-advisor review and information website. Additionally, I‘m publisher of the well-regarded investment website BarbaraFriedbergPersonalFinance.com.
Which article in your blog is the most read one so far? What is the reason why it is so popular among your readers?
I have two blogs. The most popular articles are as follows:
6 Best Portfolio Management Software For Investors – This is popular because readers appreciate a way to simplify their financial lives.
29 Creative Ways to Make Money Fast – Readers are always seeking ways to build wealth for saving, investing and their futures.
What is your personal definition of financial independence?
Knowing that I have the resources to retire and live the life I choose. This definition is different for each individual. I know what I want and like, and have worked, saved and invested my whole life to reach my financial goals.
In the moment, the digitization is going on faster and faster. What is your opinion regarding the influence that this will have on our present financial system?
There are pros and cons of digitization. The pros of digitization are that we can see and manage our financial accounts at any time. I love to deposit checks on my phone and pay bills online.
We can also transact banking and investing tasks on our phones and laptops. On the negative side, sometimes it’s nice to slow down and not have every bit of technology available to get the answers to each question and complete each financial transaction immediately.
Also, having all of our financial information online can open us up to hacking and identity theft.
In your opinion, which 3 most important things does every private investor have to make sure?
If somebody would ask you to sum up all of the experiences that you have made so far in a nutshell, what would you mention as the 3 most important things when it comes to money?
- Live beneath your income.
- Spend on what’s important to you and will make your life better.
- Invest more than you think you can afford. I suggest a minimum of 15% of your income.
Barbara, thanks a lot for taking the time to answer our questions. All my very best wishes for your business and for your personal life!