Generation X has not been slacking off when it comes to saving for retirement. Known for being fiercely independent, members of Generation X now in their late 30s and 40s are jumping on opportunities to steer their retirement money in a truly self-directed IRA. According to a retirement survey by PNC Financial Services Group, 51 percent [...]
So you're researching the IRA LLC strategy, like all the benefits and decide that you are going to set up a self-directed IRA LLC. You have identified several IRA custodians to work with but every one of them wants to see your IRA LLC Operating Agreement and you don't have one. You are not alone in your [...]
The assets of a typical Individual Retirement Account (IRA) are usually limited to investments in equities such as corporation stocks and are overseen by a commercial bank. However, did you know that you could construct a Self-Directed IRA that may hold assets in a wide variety of investments? The IRS rules on Self Directed IRAs [...]
What is a self-directed IRA? It’s a retirement account that obliges the owner to take responsibility for investment decisions as a fiduciary for the account. The Taxpayer Relief Act of 1997 allows the individual broad latitude in choosing investment vehicles for retirement, including precious metals. Most commercial banks and brokers won’t serve as trustee or [...]
In this piece, a respected strategist from Citigroup says he believes in the coming years gold could rise from the $1,500 an oz it is now to as high as $3,500 in coming years. While a very wild prediction, this does make for some food for thought.
No matter the background or details of your relationship, the key to success as a couple is always communication. This is true in all aspects of your life together, but especially important when it comes to discussing your expectations and plans for your retirement years. Surprisingly, many couples have never sat down and discussed the [...]
Found this unique investment advice gem written by Arnold Schwarzenegger himself. In addition to bodybuilding and semi-par for the course acting, Schwarzenegger was actually extremely successful in his investments and businesses. Check it out for some interesting, definitely unique insight on investment ideas.
What’s the top concern for the vast majority of people anticipating retirement? Is it their health? Is it where they’re going to live? No. The number one question that keeps potential retirees up at night is whether or not the money they've saved will be enough to last. The goal is to be able to [...]
Investing in gold is kind of that stereotypical investment advice you hear a lot. There's someone who will always tell you that gold is a great idea for investment. Just found this piece though that talks about how good gold really is as an investment right now without bias leaning to either side. See for [...]
Found this article on Forbes about how to handle your index funds much more effectively. It really stresses simplicity over complexity when picking your funds, but take a look for yourself. IRA investment tips for index funds.