Aggressively Pursuing a Dream, the Roundup #5

03-16-13 Pursuing a dream Round up #5 - Prague

Well, it is the tax return edition! (Pictured: Taxes… are death?) No, this doesn’t mean every post deals with taxes, just that today I am helping my two brothers with their tax returns and will be focusing on mine as well. I have a couple of small partnerships to prepare and have finally gotten the last of my investment K-1s. Hope everyone else has done their taxes or has a plan to knock them out!

Special Featured Article:

Worth repeating for peer-to-peer investors: Lend Academy: The 2013 Lending Club and Prosper Tax Guide – Peter breaks down the basic definitions and reporting behind both peer-to-peer lender’s tax forms. While Peter did his best to get the best answers from both companies, there are some inconsistencies with tax law that one reader addresses here on the Lend Academy forums. This is an important read for anyone with peer-to-peer lending investments.

Some awesome articles I read this week:

1500 Days Till Freedom: Thursday Rant – It’s only a Dollar – Mrs. 1500 writes a wonderful article discussing how important each and every dollar really is in our path towards financial independence. Focusing on the little things can in turn add up to quite big things!

Brick By Brick Investing: Building Wealth: The Wounded Warrior Project – Marvin discusses a touching story that I feel needs mentioning. Not only are the men and women of our country serving us, but they could also use some support immediately after suffering and injury on the battlefield. The Wounded Warrior Project is an outstanding organization that supports our troops during these times. I would encourage everyone who is considering charitable giving this year to consider supporting them.

Passive Income Pursuit: What is Margin? – JC over at Passive Income Pursuit explains the basics of margin, margin interest, and selling naked puts using margin. For anyone considering boosting their option income by selling naked puts, this is a great starting point to understand how you can leverage your money for that purpose.

Budgets are $exy: How Rich People Think – J. Money shares nine points that separate the middle class from the wealthy. The first three points are the most significant to me:

  • “Middle class focuses on saving. The wealthy focus on earning.
  • Middle class believes hard work creates wealth. The wealthy believe leverage creates wealth.
  • Middle class believes money is earned through labor. The wealthy believe money is earned through thought.”

Check out all nine reasons and see what strikes you as important!

That’s it for this week! I hope everyone has a great week pursuing their financial dreams!

Photo: CylusPrints

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  1. Thanks for spreading the word of wounded warrior project!

  2. Thanks for the mention. Hope you had a great weekend!


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