Harold Wolfinger: Finance Matters

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In the current environment we have seen a lot of turmoil; indeed, a number of people foresee paradigm shifts as entire banking institutions have disappeared and the central banks play larger and larger roles in financial matters here and abroad. While some predict Armageddon, others look back at past cycles and are optimistic that not only this country, but the world, will come out stronger.

Some people have divested of stocks for gold and commodities. Some are riding out events and faithfully contributing to 401k plans or their Roth IRA. Some are rethinking dollar-cost averaging, perhaps having heard so much about shorting lately. What about you?

Finance is of vital importance to your life: neglect that importance to your own detriment. There is a lot of information available online and in numerous books and other media, but how we filter that information–our financial orienation and perspective–will influence how quickly we will achieve our goals. The first thing then is to understand ourselves.

Harold Wolfinger is a contributor to Deft Magazine Online, finance blogger, accounting consultant and financial analyst.

A Washington, DC native, Harold earned his Bachelors of Business Administration in Finance from Howard University before going on to run his consulting firm, Boyd Wolfinger (www.boydwolfinger.com).

In addition to his contributions to Deft Magazine Online, Harold regularly blogs at www.haroldwolfinger.com.

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