I am thankful for… November 27, 2008
Posted by Jeff Nabers in : Health, Money, Personal Enjoyment, Personal Productivity, Self Directed IRA Solo 401k , add a comment
…our current circumstances. Rather than ignore the current economic problems, I choose to acknowledge this elephant in the living room during our Thanksgiving holiday.
We are bombarded with headlines like “What will fix our economic problems?” It is absolutely silly. The recession is the solution to the problem of the asinine acts of American government, corporations, and consumers. There is no galactic lottery that our country can win. We have to play by the rules of the game that we started. No person or government can perpetually spend more money than they earn. Such behavior can only be temporary and always leads to self inflicted unpleasantness.
I truly am thankful for our recession because it should help cleanse our government and society of self destructive behavior. We are now forced to (more…)
Arkansas Couple Realizes the Benefit of Managing their Own Retirement Accounts November 26, 2008
Posted by connieoutreach in : Self Directed IRA Solo 401k, real estate , add a comment
The stock market implosion of 2008 has millions of Americans feeling financially helpless. Yet individuals who are investing their 401k & IRA money in ventures outside the stock market are singing a different tune. Janice and Jack Stoddard, real estate professionals in Arkansas, heard about self directed investing from a seminar that taught how to invest IRA money into real estate.
Energized by the idea, the Stoddards established two IRAs, rolling over money from their traditional IRAs to fund them. They used the IRAs to make small real estate transactions, purchasing and reselling property at a profit with all proceeds staying in the IRA.
In 2006, an opportunity to buy and then immediately re-sell 60 acres of undeveloped land at a profit came up. Concerns over structuring the deal and keeping everything above board led the Stoddards to consult with us at Nabers Group.
“Jeff helped us establish a Solo 401k that could be used to handle the 60 acre transaction. The Solo 401k was a key component to our funding because we were able to contribute 10 times more to it than we could to an IRA. Meanwhile, our son, who works in oil and gas, alerted us to keeping our eyes open for property with mineral rights for future transactions,” Janice says.
With the proceeds from the 60 acre sale, the Stoddards began (more…)
Solo401k.com Relaunched! November 25, 2008
Posted by Jeff Nabers in : Money, Personal Enjoyment, Personal Productivity, Precious Metals, Self Directed IRA Solo 401k, real estate , add a commentWe’ve just relaunched solo401k.com on this blogging platform to allow for regular information updates and easy navigation. I’ll be posting to this blog regularly. Use the categories at the bottom of the page to learn more about the world’s most powerful investment vehicle – the Solo 401k!
Subscribe to the Solo401k.com feed
Subscribe :: 
del.icio.us :: 
Digg this :: 
Stumble it :: 
facebook
:: 
:: 
:: 
:: 
:: 
:: 
:: 
:: [What are these icons for?]
Meet The Fed November 23, 2008
Posted by Jeff Nabers in : Money , add a commentI ran across this video recently. There are a lot of videos about the Federal Reserve, but this one is rather interesting because it contains a interview footage with their Corporate Communicaitons Officer. This isn’t some conspiracy theorist’s take on the Fed, it’s the Fed’s take on itself. You’ll probably be surprised from some of the information.
FYI – The interview itself starts at 3:39 in the video.
Subscribe :: del.icio.us :: Digg this :: Stumble it :: facebook
:: :: :: :: :: :: :: :: [What are these icons for?]
Last Minute Book Cover at the 11th Hour November 8, 2008
Posted by Jeff Nabers in : Uncategorized , add a commentHey, guys. Thank you all so much for giving feedback about the book title! Your feedback so very helpful.
Let me know if you have any preferences between the following book covers:
Before you give your feedback, pretend like you’ve never met me or come across any of my information. Imagine these books are in a bookstore among tens of thousands of others. Which one would cause you to pick it up and read the back cover and/or browse the contents?
### Update
Larger images: Many of you have requested larger images. I don’t have them yet. Also, for the first couple of months this will be selling primarily on Amazon so people will initially see the thumbnail. Once it’s in a bookstore, it’s still that first fraction of a second that may even be at a distance that makes the difference. Please give whatever feedback you can about that initial glance of these smaller images even if you can’t read every little word.
### Update about [financial] FREEDOM
In the comments on this post and the last one about the title, many of you have mentioned labeling the book about “financial” freedom and that the green book is better for “financial” freedom.
I had posted a preview chapter a month or two ago online, and since then the book has been drastically rewritten. The way this book is rewritten, it’s not necessary about getting rich. The 5 steps prescribe a mandatory move out of the stock market and out of the dollar. They go on to prescribe real savings with little effort. Then they offer methods of wealth BUILDING, although they are optional. Believe it or not (unlike most of you and I) LOTS of people have things they’d rather do than multiply their money. So I leave the multiplication and how much up to the reader, while I give a call to action to absolutely get out of the stock market and into simple inflation shelters.
Another item is that this is about the bigger freedom too. Congressmen vote on bills that they haven’t read. The government is taking over industries, forcing bailouts. We are accelerrating towards socialism and fascism. Every day that each one of us leaves our money in the hands of huge financial institutions we are contributing to the government/wall-street/big-corporation/lobbyist/special-interests/Fed partnership. There is a LOT of crazy stuff going on that will undoubtedly collapse our country if we don’t take all the leaches and manipulators off of our once-free market. Most people who want to do anything about our country being hijacked and our Constitution being shredded usually pursue political activism. Following the 5 steps to freedom will have a direct impact on taking the power back to the individual without having to follow political rules and jump through hoops.
So following the 5 steps to freedom is really about freedom. THE freedom. Which inevitably involves finances. But this book isn’t about getting rich. It’s about revealing the hidden systemic losses built into the average persons savings and investments, fixing those problems, and then showing the optional path to wealth building.
Please take this explanation into consideration when viewing the book. Many of you think you know what’s inside the cover and now you know it is much different than the original manuscript. Also, pretend you know nothing about what’s inside the cover as you give feedback about first impressions. Thanks a bunch everyone! 
The impossibility of bailout success and the guaranteed alternative success plan that depends on you November 7, 2008
Posted by Jeff Nabers in : Health, Money, Personal Enjoyment, Personal Productivity, Precious Metals, Self Directed IRA Solo 401k, real estate , add a commentThis is a message of prosperity rather than doom and gloom. Read through to the end.
A tremendous amount of homeowners are facing foreclosure. CNN Money reports foreclosures are up over 70% from this time last year. Banks are failing left and right, but let’s just take a look at the bailout concept in the most direct and extreme fashion for purposes of illustration.
The largest bailout possible
Imagine that every single homeowner that has less than 30% equity in their house at today’s prices receives from the Fed a check payable to their mortgage company that will pay their balance down to bring their equity to 30%. There is no more of a direct way to address the foreclosure and housing problem. What would the result be?
- Equity doesn’t matter. People got into mortgage loans that have payments higher than their income will support, and rising food and energy prices are lowering the household budget for mortgage payments. You could lower interest rates to 0% (forget about the market chaos that would create for a moment) and many people still wouldn’t be able to afford their homes.
- Home prices would fall because many would use the 30% equity in hopes of being able to sell their home and buy a less expensive home. This would accelerate the downward pressure the median home price. Many families would return to renting after touching the hot stove of home ownership. Of course, they would be seeking affordable rent which would also put a downward pressure on median home prices.
- I can’t estimate how many trillions of dollars would have to be created by the Fed for those types of bailout checks to be written… but you can be certain it would have a HUGE direct impact in raising inflation to levels unseen in American history. Injecting new money into the economy makes all prices go up. In this scenario, Americans would literally not be able to afford to eat if they stayed in their home. Home prices would crash almost to zero because three bedrooms and two bathrooms would become less important than food. There would be much larger social problems because, with this magnitude of inflation, food would become so expensive that theft, robbery, and violence would be the only viable means of survival for some.
A direct, swift bailout to cure economic symptoms would create very difficult times.
The smallest bailout possible
The smallest bailout is one that (more…)
Help me Rename My Book! November 5, 2008
Posted by Jeff Nabers in : Uncategorized , add a comment
Hey guys, I’m asking for some some expert marketing input and non-expert opinions
Here’s the deal… We are entering into the final stages of preparing my book for print. It was called UNLIMITED INVESTING: Break Free From Wall Street To Buil Real Wealth With Alternative Assets. Then as we were wrapping it up I realized (more…)
CPI Explained – Part 2 – Substitution November 5, 2008
Posted by Jeff Nabers in : Money, Personal Enjoyment , add a comment
This picks up where a previous post left off. You may want to read that post first in order for this one make sense.
Looking at the picture above, I can only imagine that this is the way that the following idea was made into government policy. The second major way BLS’s CPI calculation policies were altered is through the concept of subsitution. In brief, this concept argues that as the price of an item rises, consumers start buying cheaper alternatives.
Consumer substitution is absolutely true. It’s a fact; we all do it. It’s a sign of inflation. We know there is significant inflation when prices of things we buy go up in price. Everything doesn’t go up equally all at the same time. As prices are rising, consumers will substitute goods to get the best deal. BLS uses this concept to reduce the mathematical weighting of items in their basket of goods that rise sharply in price. It is an assumption that (more…)
CPI Explained – Part 1 – Hedonics November 3, 2008
Posted by Jeff Nabers in : Money, Personal Enjoyment , add a comment
While the measurement of inflation varies wildly depending on which economist you talk to, here we will examine the official figures published by the Bureau of Labor Statistics (BLS): CPI or Consumer Price Index. The purpose of publishing CPI is to measure inflation and/or deflation, the decreased or increased buying power of the U.S. dollar. Awareness of inflation is essentially an awareness of how much our central banking system, the Federal Reserve, is printing or destroying money through “monetary policy”. This side of economics can get confusing, but it doesn’t have to be. This account will be an understandable explanation intended for accountants and laymen alike.
CPI is not calculated the same today as in the 70s & 80s
While remarkably high inflation is a key part of our memory of the 70s and 80s, if today’s CPI calculation methods were applied to the 70s & 80s, the CPI figures would be revised to show very low inflation – probably under 6%. Why? Two important concepts have (more…)
Bank bailout money goes to CEO bonuses November 1, 2008
Posted by Jeff Nabers in : Money , add a comment
Mark Cuban, billionaire owner NBA team Dallas Mavericks, runs a couple of interesting web sites. In July of 2006, he started ShareSleuth, an online publication that exposes fraud in the stock market. It’s surely worth checking out.
More recently Cuban has launched BailoutSleuth, an online publication aimed at creating transparency of the government bailout of the financial services industry. One of the latest findings seems to be that officers of all of these failed banks are continuing to pay themselves millions of dollars in bonuses. While some other countries have their own bailouts, the U.S. is the only country who has not capped the compensation for officers of the corporations who receive bailout money. Read the details here…
Subscribe :: del.icio.us :: Digg this :: Stumble it :: facebook
:: :: :: :: :: :: :: :: [What are these icons for?]
