Archive for February, 2015

It May Be Just The Right Time To Invest In A Gold IRA

Friday, February 27th, 2015

Stocks Overvalued

Investing in a gold IRA can be a great way to diversify your retirement portfolio. One of the great things about investing in a gold IRA is that you are actually investing in a tangible investment. When you invest in stocks and bonds you are basically investing in a paper asset. A paper that says you own stocks in whatever investment you have chosen. When you invest in a gold IRA you actually own real gold. If for whatever reason the stocks that you have invested in drop to being worth nothing you then you are out money and have nothing for that $0. If you buy gold and it theoretically drops to being worth nothing you will still have that physical gold to show for your investment.

This is just one of the reasons why a gold IRA is a great way to diversify your retirement portfolio. For those of you who are interested in a gold IRA, let’s take a look at what the outlook is on gold right now.

The truth of the matter is that gold is in a bullish market. Many gold investment professionals thought that 2014 would have a decent return, especially compared to the dollar but that didn’t actually happen. In fact, price per ounce from the beginning of 2014 to the end of 2014 dropped from $1206.08 on January 1, 2014 to $1184.32 on December 31, 2014. While most gold investment professional thought that 2014 would bring home a decent return for gold it just didn’t happen. That is ok though. Why is that ok?

Over the years I have come to realize what most investment professionals have been saying for years, regardless of the industry that you are investing in, it is hard to time the markets. Whether buying stocks, bonds, real estate or gold, knowing when the low or high is for any industry is virtually impossible. We can look at history and a handful of metrics to give us a good idea of where we are at but that’s all we get, a good idea.

Because it is so hard to time the markets I don’t worry about doing it. Instead I first just make sure to be investing in the markets. The likelihood is that the markets will go up. For the past 10 years gold has gone up most of the time. So I figure to stay in the market, because most of the time my investment will gain. The other thing I like to try and do is to buy cheap investments. We know that stocks and bonds are way overpriced and that potential earnings aren’t great if you invest today (at least that is what historical stats tell us) So it is probably best to wait until stocks and bonds aren’t so overpriced. That is where gold comes in.

While we don’t know what the future holds for gold we know that we are near lows that we haven’t seen for the past 5 years. Compared to the past five years it is reletively cheap. Again, will it go up tomorrow or in the next few months? Only time will tell. If it were me, I would buy at good prices and hold for as long as needed because I think eventually the price will go back up.

Contact us for any more information about gold IRAs or about setting up your own gold IRA account.


Follow These Tips For A Bright Retirement

Thursday, February 12th, 2015

Tips to a Bright Retirement

Since the financial crisis of 2008 things have been pretty peachy for the financial markets. It doesn’t mean though that you can sit back and rely completely on the U.S. government or even your current savings to help you get your retirement savings to where they need to be for retirement. There are bound to be times in the future that won’t be as bright as the past few years since the 2008 crisis. Our retirement portfolios need to be ready for anything that may come. The following are a few tips to help you make sure that your financial future is bright.

Be In The Know

It is very important to know where you are at. It is hard to get to where you want to be without knowing where you are currently at. What does this mean? It means you need to figure out what your net worth is (current assets minus current debts). If you can do this at least once a year then you will be able to know if you are truly making progress. In other words your net worth should be increasing year over year for the most part.

What Are Your Habits?

If you are like the majority of Americans your net worth will not nearly be what is should be, especially for retirement. You also probably don’t keep track of your spending. It truly doesn’t matter if you live paycheck to paycheck or if you make enough money to spend as much as you wish. If you start tracking how much you make, spend and where you spend then you will be able to find a way to start saving. Saving is key to a bright financial future. More on your spending

Set Goals

Typically once you find out what your habits are you will need to set some big goals in order to start saving for your bright financial future. You should have multiple goals. Goals that are short-term and goals that are long-term. Your short-term goals should help you to achieve your long-term goals. You must check up on your goals a few times a year or else they will get lost and forgotten. Forgetting about your financial goals will more than likely mean that you will forget to do what you need to do to create your bright financial future for retirement. More on retirement goals

Get Implementing

Once you know where you are currently at, what your habits are and have set your goals you then can start pushing for that bright financial retirement.

For almost all of us it means we can start investing in our retirement with a 401k, IRA or both. One of the best tips of advice would be to create a very diversified portfolio. One of the best ways to do this is through a self-directed IRA. An SDIRA allows you to take control of what you invest in by choosing your own investments. You can invest in things outside the stock markets as well. Investments like real estate, gold, private placements, etc. These investments are great because they can all be done inside of an IRA or 401k. You get the tax benefits that come with a retirement accounts.

As we all know things are never as easy as set it and forget it. Times change and things happen that mean we may need to change our strategy. It is wise for us to take some time every year to go back over these steps and do our own audit of our situation. Some years it may mean working a little harder to save more. Other years it may mean we have a bit extra for a little family vacation. Whatever you do, don’t forget to start today to create your bright future for your retirement.


Be Aware of This Trend to Rock Your Real Estate IRA

Monday, February 9th, 2015

Real Estate IRA Changing Trend

Adding real estate to your retirement portfolio can improve the diversity and quality of your retirement portfolio. Through a real estate IRA investing in real estate with your IRA is possible. Those of you who already own property with a with a Make sure you position your real estate IRA investments for the future. One such aspect that you will want to be aware of is the fact that there is a growing trend in the housing market to have roommates.

What exactly constitutes a roommate? An adult living with someone other that a spouse or a spouse or partner. How big is the trend? Well bigger than you might have thought. In 2012 the percentage of adults who live with a roommate is at 32% nationwide.

While this is a fairly decent number it doesn’t appear to be slowing down. There are plenty of other things that are happening that would suggest that this will continue to be a trend. For instance, the fact that wages haven’t been able to keep pace with the steady rise of rental costs over the past year. The more expensive the city typically the more likely there are adults are to have roommates. In Riverside, California, New York, Honolulu, Los Angeles and Miami have roughly 42% of households that include a roommate.

What does this mean for you? It means a lot of different things but the most important thing that you need to do is to look at your own real estate property. How is it situated? Is your property currently rented out? If so, what type of renters do you have? Have they been a long-term renter? Do they plan on renting for a long time? And probably the most important question to answer is, “if/when your renter stops renting from you how are going to position your property to be competitive when there are plenty of other places to be rented out there. Now that you know that a growing trend is to have a roommates one thing you could do to make your place stay competitive would be to get your rental property roommate ready. There are plenty of opinions as to what makes a space more roommate ready but nobody knows your space like you do. You may already know right off the top of your head of some things you can do to get your space more roommate ready. If not look at your space and get creative. There are some other ways you can stay compeitive when trying to find a renter for your rental property. Check out: Position Your Rental In Your Real Estate IRA To Stay Competitive

We want you to have the best experience with a real estate IRA. We are here to help make sure you are set up for success. If you need help setting up a real estate IRA or any other help in regards to self-directed investing then contact us today.


Use Your Self-Directed IRA to Invest In A Company

Thursday, February 5th, 2015

Crowdfunding Word Graph

Are you one of the many employees working for “the man”? Whether you have a boss you love or hate you probably at some point have dreamed of being your own boss. Going out and starting your own company and being your own boss does sound very appealing.  I think this is a very common thought because we feel like we work so hard day in and day out just to make the same salary day after day while the owner gets to take all the extra money our hard work made.

The reasons why we do or don’t make the jump to self employment is different for everyone. The great thing to know is that there are other options to those of us who haven’t taken the leap to be our own boss or own our own company. One of the options in particular that is a great option gives you that extra upswing possibilty without all the issues that come with owning a business. What is that option? It is crowdfunding.

Crowdfunding has become a huge industry for small businesses looking to raise some capital. It has especially grown because of the advent of the web. There are now plenty of internet crowdfunding sites that market different companies for you to invest in.  There are different types of crowdfunding websites to be aware of. Many of the crowdfunding websites offer you a way pre-order a product or service before the product/service is actually available. Typically, they use the pre-order money to help them finish the production or concepts in order to actually get a product to your door. For many companies it is a way to get proof of concept and for others it is just a bit of extra cash to finish everything they started so they can start selling to the consumers. For the sake of this article we aren’t talking about those types of crowdfunding sites. What I am talking about here are the crowdfunding sites that allow you to invest a certain sum of money, typically a minimum invested amount with a goal to raise a certain dollar amount. Once you decide the amount you’ll be invested it is clearly stated how you are compensated. It could be a convertible note, equity or in the form of an interest paid back to you. Two sites that are geared toward helping you invest in that dream company you believe in all while getting a little slice of the pie are, CrowdFunder and CircleUp.

One great thing about this type of investment is that it is allowed inside of a self-directed IRA. You can take your IRA monies and invest them into a company of your choosing. With the advent of crowdfunding websites there are endless companies to choose from. Yes there are rules and issues to be aware of when investing with your self-directed IRA and there are also rules to investing with these crowdfunding sites. If you need more help about some of the rules to investing in a company with your self-directed IRA contact us today because we can hep steer you in the right direction. If you need more info about investing in a company on a certain crowdfunding website they will have all the rules and issues to be aware of. 

Today you can start fulfilling some of your dreams to own a company all while doing inside of your self-directed IRA. All of this can be a great way to diversify your retirement portfolio further all while investing in the things that you believe in. Of course with any investment there is risk that is involved. Make sure you do due diligence to make sure you are fully aware of what you are investing in and the risk involved. Some may be much riskier than others and truthfully it may be hard to know exactly how risky many of the investments may be. It should be an investment you are willing to do and potentially willing to lose out on if worse comes to worse. 

Regardless, the possibilities with self-directed IRA investing are endless and investing in a company is one of the more popular self-directed IRA investments. Get investing today with a self-directed IRA and enjoy shaping your retirement portfolio the way you want to.