The traditional Single-Asset Investing Strategy emphasizes purchasing one item at a time and holding it for a long time. In the 1980s, this strategy was effective, primarily because interest rates were high and assets were not correlated. But in 2020, the financial markets are displaying some markedly non-traditional features. Low Interest Rates In the 1980s, […]
Owning and Operating a Self-Directed 401K 101
Ever heard of a self-directed 401K? It might be what you need. It’s not very common for employers to offer a self-directed 401K, more than likely you’ve been contributing to an employer-sponsored 401K. While there are similarities, they’re both retirement savings vehicles, and they follow the same rules, but the fundamental difference is that there’s […]
Investing in Precious Metals with your Retirement Account
Should you invest in gold? Answers to this question tend to gravitate toward one extreme or the other. Many investors on one side of this discussion believe that investing in gold is a losing proposition because it does not pay any interest and dividends and it costs money to store and protect. On the other […]
What you need to be Asking your Self-Directed IRA Custodian
Making the decision to self-direct your own retirement account is simple. Selecting the right self-directed IRA custodian is fairly straightforward — at least on the surface. But not every self-directed IRA custodian or administrator is right for every self-directed investor, even if that custodian is a great service provider. With that in mind, there are […]
Four Investing Rules the Super Rich Always Follow (updated)
Today, there is more money in circulation than ever before, which means there’s more money to be made. Who makes this money isn’t about luck or having a “secret formula”. It’s all about being clever, and knowing how to make your money work for you. Whether you’re new to the investing game, or you’re a […]
Self-Directed IRA Rollover Terminology Broken Down
Rollovers are the most common way to transfer funds within retirement accounts. Transfers and rollovers are transactions that allows for the movement of assets between IRAs and 401K plans. Let’s go over the basic terminology. Direct Rollover A Direct Rollover is generally used when moving funds from an employer plan (like a former employer 401K) […]
What Changes are Coming in 2020 for Social Security?
A new year often brings slight changes to some of America’s most popular programs, and Social Security is no exception. The amount each beneficiary should expect to receive in 2020 will be slightly higher (like many years), after inflation adjustments. And taxes may affect different swaths of the population. The program is an important piece […]
Qualified for Both? SEP IRA vs Solo 401K
Both the SEP IRA and the Solo 401K are self-employed retirement plans. They can be established by legal entities (in this context, often S corporations) or they can be established by individuals that have self-employed income. That self-employment income generally must come through a sole proprietorship or through a limited liability company (LLC) that is […]
How a RMD Can Negatively Impact Your Retirement Accounts
If you saved well for your senior years by consistently funding an IRA or 401K, you’re probably quite appreciative of that money now that you’re actually retired and using it. But the last thing you want to do is give up a huge chunk of your savings for no good reason. And if you neglect […]
Understanding Real Estate Investment Trusts (REITs)
Get a better understanding of what REITs are and how you can incorporate them into your trading or investing strategy. What are REITs? A Real Estate Investment Trust (REIT) is a security that trades like a stock on the major exchanges and owns—and in most cases operates—income-producing real estate or related assets. Many REITs are […]