What is the smartest way to spend $20,000?
April 29, 2009 by How Savings Bonds Work
Filed under High Yield Investing
Can you answer nikko’s question about Bonds?:
Im in school right now to be a dental assistant, and I already own my home. I want the last of my money to grow without risking losing it in stocks or high yield investments. I have considered cd’s but they tie it up for a year and I only get 5%.
Buy Savings Bonds Online
Im in school right now to be a dental assistant, and I already own my home. I want the last of my money to grow without risking losing it in stocks or high yield investments. I have considered cd’s but they tie it up for a year and I only get 5%.
Buy Savings Bonds Online
Solo Iras - Flexible, High-yield Investments That Protect Your Future
March 14, 2009 by How Savings Bonds Work
Filed under High Yield Investing
If you’re like most people, you’re probably gritting your teeth as you hear one news story after another predicting the looming economic recession. Whether you’re worried about losing your job, you have lost a lot of money in stocks, or you simply aren’t getting the returns you think you should be getting on your investments, solo IRAs may be the solution to your problems.
Only the self-employed and business owners can have solo IRAs, which currently have the highest maximum contribution at $100,000 annually for a couple. In contrast, with a Roth IRA, the maximum contribution for a couple is $10,000.
If you have a high income, your best bet is to invest in solo IRAs because you can get tax deferred income. For those who have lower incomes and would rather pay taxes now than later, Roth IRAs are the way to go.
Your best bet is to look for brokerages that offer self-directed IRA accounts because they allow for more flexibility. It’s important to consider investing in things other than stocks and bonds in order to get higher returns. Diversification of your portfolio is key if you want to grow your retirement account quickly.
An increasingly popular investment vehicle for solo IRAs is real estate. Real estate is a largely untapped market and it can bring large returns. Tangible parcels of land are the only investments that steadily increase in value. On the other hand, stocks fluctuate in value on a daily basis and with the way the economy is nowadays, they simply aren’t a secure, reliable investment.
Unlike other types of investments, real estate is relatively stable and insured against common forms of loss such as natural disaster. Stocks have averaged about 15% in annual returns but as we slowly slip into an economic recession, that percentage is certainly going down. Real estate is a stable investment and with the right company and custodian helping you self-direct your IRA, you will be able to achieve returns far over 15%.
If you want bigger returns in a shorter amount of time, start looking for a company that will help you rollover to solo IRAs so you can diversify your portfolio and double your returns at the very least. With an account custodian who allows YOU to make the choices about where your money goes without charging exorbitant fees, you will have a more secure grip of your financial future and best of all, substantially higher returns.
Thanks to Laurel Cohen for contributing this article to our Bonds blog:
Only the self-employed and business owners can have solo IRAs, which currently have the highest maximum contribution at $100,000 annually for a couple. In contrast, with a Roth IRA, the maximum contribution for a couple is $10,000.
If you have a high income, your best bet is to invest in solo IRAs because you can get tax deferred income. For those who have lower incomes and would rather pay taxes now than later, Roth IRAs are the way to go.
Your best bet is to look for brokerages that offer self-directed IRA accounts because they allow for more flexibility. It’s important to consider investing in things other than stocks and bonds in order to get higher returns. Diversification of your portfolio is key if you want to grow your retirement account quickly.
An increasingly popular investment vehicle for solo IRAs is real estate. Real estate is a largely untapped market and it can bring large returns. Tangible parcels of land are the only investments that steadily increase in value. On the other hand, stocks fluctuate in value on a daily basis and with the way the economy is nowadays, they simply aren’t a secure, reliable investment.
Unlike other types of investments, real estate is relatively stable and insured against common forms of loss such as natural disaster. Stocks have averaged about 15% in annual returns but as we slowly slip into an economic recession, that percentage is certainly going down. Real estate is a stable investment and with the right company and custodian helping you self-direct your IRA, you will be able to achieve returns far over 15%.
If you want bigger returns in a shorter amount of time, start looking for a company that will help you rollover to solo IRAs so you can diversify your portfolio and double your returns at the very least. With an account custodian who allows YOU to make the choices about where your money goes without charging exorbitant fees, you will have a more secure grip of your financial future and best of all, substantially higher returns.
Thanks to Laurel Cohen for contributing this article to our Bonds blog:
Laurel Cohen is an active participant of a national network of professional writers who advocate socially conscious real estate investing through the use of retirement vehicles such as IRAs, 401Ks and other retirement assets. For more information, or to get involved, please visit http://www.ira-investing-guide.com now.
