Financial expert and senior editor Ted Bauman wants to give everyday Americans good advice when it comes to their financial wealth. He was born in Washington, D.C. and was raised in Maryland. He earned his Master of Business Administration degree in finance from Georgia State University in 2001.
In 2013, Ted Bauman joined an independent publishing company called Banyan Hill Publishing. The result was three newsletters called, The Bauman Letter, Alpha Stock Alert, and Plan B Club. Before joining Banyan Hill Publishing, Mr. Bauman lived and worked in South Africa where he helped people in the non-profit sector. He is one of founders of Slum Dwellers Internationals, an organization that provide low-cost housing for those in need. Ted worked primarily at the fund manager, making sure that the finance part was managed wisely. This no-profit organization operates in over 35 different countries all over the world. They have helped over 14 million people to date.
The Bauman Letter helps inform people about how to protect and grow their finances, but also helps people keep their assets private from prying eyes. Ted Bauman also advises his subscribers on how to set up a smart retirement plan so they are secured for the future. One of his biggest tips is to have a back up retirement plan. With time, a lot of change happens and so do your finances. To know more about him click here.
Being smart about your retirement may mean the difference between having one and not. Many depend on the future of social programs like Medicare and Social Security. Ted Bauman says these programs are not going to be around forever due to insolvency. It is important to be self-reliant when you retire, so you don’t have to worry about social programs ending at any time.
Mr. Bauman says if you are going to invest your money, invest it wisely. Diversify your investments to different industries. The financial expert also recommends people invest in both stocks and bonds. Dividends produce passive income that can serve you very well during retirement. It’s slow and steady, unlike stocks. Ted also recommends that investors do their research before investing.