selfdirected ira: Do You Believe In Real Estate? By Bill Roberts
- 06/07/19 10:40 AM
Do You Believe In Real Estate? If you say that, “Yes, I believe I Real Estate,” then why do you have the majority of your “investments” in the stock market? Your retirement account(s) are held by trustees or custodians that can only invest in the equity markets (another name for Wall Street). It isn’t that it is against the law for them to invest in real estate, but rather that they don’t understand real estate, and they don’t have the necessary licenses. They are stock brokers, commodity brokers, and insurance agents. They are NOT Real Estate brokers. They “invest” your money in “things” … (16 comments)
selfdirected ira: Are You Scared? Is Poverty In Your Future? By Bill Roberts
- 02/01/19 08:46 AM
Are You Scared? Is Poverty In Your Future? They say 10,000 Baby Boomers are retiring every day. I don’t think so. Maybe 10,000 are turning 65 every day, but they can’t retire. According to the major custodians of our retirement funds, most of us (about 90%) have $100,000 OR LESS to carry us through our Golden Years. Really? Even with Social Security and a few other investments, that is only enough to carry us for about three years. After that we will be plunged into poverty (if we are not there already). What a scary thought. I used to say we would be reduced to eating dog food straight … (10 comments)
Thinking about retirement is a good beginning, but you need to do something about it also. You need to do something about it NOW. The very best place to start is by setting up a Self-Directed ROTH IRA. I realize it is a little more difficult than just calling Fidelity and saying you want to roll-over your 401(k) into an IRA. Sure, you could do that. And it would be easy, but it won’t get you to the finish line. The Finish Line So what is the Finish Line? It is enough wealth accumulated so that you have enough money to enjoy your retirement. This is going to … (2 comments)
selfdirected ira: Thinking About Retirement? Part II by Bill Roberts Retirement Coach
- 02/20/17 12:18 PM
Thinking About Retirement? Part II OK, so you do want to retire eventually, and you have decided to seek the aid of a Retirement Coach/ Wealth Coach to help get you there. The first thing you must do is get an initial consultation with a coach to discuss where you ARE and WHERE you want to go. In preparation for this consultation you should get together a list of all of your assets. Also, you need to put together your budget for what it costs you to live (NOW) and what changes you will make when you retire. Your Coach will also need to know about your income, and if … (14 comments)
selfdirected ira: Don't Go To Jail, Collect Your $200
- 03/25/08 03:56 AM
Don't Go To Jail, Collect Your $200 by Bill Roberts I received an email the other day from an ActiveRain member asking about using his Self-Directed IRA to buy a house that he could "rent" to his son. I want to respond to this by saying that a Self-Directed IRA should be your very best investment vehicle for providing for your retirement BUT you need to follow the rules. You may invest in just about anything from within your IRA but there are specific things that you CANNOT do: Prohibited transaction. A prohibited transaction is any direct or indirect: Sale or exchange, or leasing … (20 comments)
selfdirected ira: How to Find Land
- 02/08/08 04:03 AM
How to Find Land By Bill Roberts Man has always had the urge to find new lands. It is what led to the discovery of the New World. It is what pushed us west from the Eastern Seaboard. But just because all the land has been discovered doesn't mean that our thirst for new lands has been quenched. On the contrary, we seem even more inspired to find a piece of land that satisfies certain hungers within. I'm one of those land pioneers. I like nothing more than going out into the sticks looking for that elusive parcel which will satisfy a hunger deep … (5 comments)
selfdirected ira: Elements of Retirement Planning
- 01/30/08 07:09 AM
Elements of Retirement Planning by retirement planning specialist Bill Roberts If you are not yet retired (and maybe even if you are) there are things you need to know about planning for that (dreaded) day when you quit working (at your regular job). Is it going to be a walk in the park? Or a part-time job at Wal-Mart greeting new arrivals? Maybe you would like to have enough time (and money) to play golf, visit the grand kids, see Yosemite, do a little sailing, or just putter in the garden. That's what your parents did, so why not you? Well, there are a lot … (11 comments)
selfdirected ira: Buy Low, Sell High
- 01/26/08 03:47 AM
Buy Low, Sell High by Bill Roberts All the stock market pundits echo this mantra but then they advise just the opposite in their specific recommendations. When prices are going down they say "SELL" and when prices are going up they say "BUY." The technical analyst looks for a "breakout" formation before he recommends buying a particular stock or any stocks for that matter. What does this mean? It means that the stock has come off its low and has BROKEN THROUGH a line on his chart that he labels as "RESISTANCE." What this means is that everyone has jumped on the bandwagon … (8 comments)
selfdirected ira: What Good Is A Neg Am Loan?
- 01/20/08 03:04 AM
What Good Is A Neg Am Loan? by Bill Roberts There is a lot of talk lately about people getting stuck with PAY OPTION ARMs that are really negative amortization loans. The general consensus seems to be that the mortgage industry really took advantage of people with these types of loans. It is said that they allowed people to buy "more house" than they could afford. WEALTH BUILDER LOAN Well that is one of the purposes for a properly constructed WEALTH BUILDER LOAN, as a pay option arm is called. The idea is that houses may be unaffordable right now, but if you could … (22 comments)
selfdirected ira: Baby Boomer Retirement Planning - The Basics
- 01/20/08 02:53 AM
Baby Boomer Retirement Planning - The Basics by Bill Roberts Retirement Planning is like planning for a trip. You can't really do much planning if you don't know where you want to end up. Just putting a little money aside with the idea that you'll need it when you retire is kind of like just driving around aimlessly, you'll end up somewhere, but not necessarily where you want to be. So if we can agree that isn't the best approach, then what is? Well, the process is quite simple. You start by creating a budget of your living expenses that you'll … (12 comments)
selfdirected ira: Retirement Planning For Baby Boomers
- 12/11/07 10:33 AM
Retirement Planning For Baby Boomers by Bill Roberts I have written extensively about the retirement planning process. All the way from assessing your needs, to where it's all going to come from, to where you will spend it. I would recap all that here but I think I did a pretty good job the first time around so I'll just point you to all the right places to read it for yourself. Assess the Situation Would You Give $10,000 For $2,500? Are You Kidding Me?Fun With Ken and BarbieFun With Ken and Barbie, Part 2Land Investments Land Banking - Isn't It Time You Tried It?I would … (10 comments)
selfdirected ira: Tax Certificates Anyone?
- 12/08/07 05:10 AM
Tax Certificates Anyone? By Bill Roberts I've been toying with the idea of investing in Tax Certificates with my self-directed IRA. In case you don't know what a Tax Certificate is, the short answer is a lien on real estate for unpaid taxes. The County Tax Collector in certain states is able to "speed up" the collection of taxes by "selling" his lien against your real estate to any investor who will pony up the over-due taxes. This lien is generally referred to as Tax Certificate. Very High Yields Tax Certificates yield a high interest rate or penalties to make them attractive to investors and … (8 comments)
selfdirected ira: Would You Give $10,000 For $2,500? Are You Kidding Me?
- 11/23/07 02:52 PM
Would You Give $10,000 For $2,500? Are You Kidding Me? by Bill Roberts Most people facing retirement are asked to make this trade. They are currently earning about $10,000 per month (husband and wife) and probably getting by OK. They can even take vacations, buy gifts for the Grandchildren, and entertain friends. But then RETIREMENT rears its ugly head. They give up their $10,000 per month income and replace it with Social Security of about $2,500 per month. Are you kidding me? I think I'll just keep working. More and more of us (Baby Boomers) realize that this is our only choice. We will … (29 comments)
selfdirected ira: If You Haven't Saved Enough Money to Retire You Better Read This
- 11/05/07 10:22 AM
If You Haven't Saved Enough Money to Retire You Better Read This by Bill Roberts Why? Because.... Building up an estate that can supply enough income to maintain your lifestyle after retirement is the desired goal. A lot of us have puny IRAs that don't seem to grow fast enough to ever throw off enough income to keep us, if they grow at all. Why Is That? Well, it is probably because we have the money in our Individual Retirement Arrangement account invested in the stock market or money market or a combination of the two. We "contribute" $3,000 to $5,000 a year to the account … (15 comments)
selfdirected ira: Land Banking - Isn't It Time You Tried It?
- 07/30/07 03:28 AM
If you are not sure then what you need is an example. Let's say you have $100,000.00 in your IRA account at a major brokerage house. You want to retire in 10 years. What will this IRA be worth then? In order to answer that we need to make certain assumptions: You will invest another $5,000.00 per year into your account at the beginning of each year in an effort to "catch up." You will "earn" an 8% ROI compounded annually because your IRA is "invested" in a mutual fund that historically has grown at that rate. After the 10 year lease, and just in … (18 comments)
selfdirected ira: Baby Boomers Retirement Planning 3 (a series)
- 07/17/07 01:42 PM
Baby Boomers Retirement Planning 3 (a series) by Bill Roberts Now that you have taken care of your estate in the event of death or catastrophic event (Part 2), we need to think about what to do in the event that you live forever. After all that is the other extreme. If we prepare for that also, we will have covered the entire spectrum of possible outcomes. Not to say that you will actually live forever, but if you out-live your retirement plan, it'll have the same effect: still alive and no money to live on. The next step is to roll-over your IRAs … (4 comments)
Everything that the "Baby Boomer" needs to make sound financial decisions regarding real estate investing and retirement planning. Business Opportunities, self-directed IRA retirement plans, and mortgage strategies.
Do You Believe In Real Estate? 
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