The #1 Resource for Successful Self-Directed IRA/401k Investors

Young investors can afford to play it safe when it comes to investing

May 12, 2009 By Leave a Comment

stack-of-coins-2

[Post contributed by reformedinvestor]

I recently learned that I may have been given bad investment advice.  I’m 32 now but I started working with a financial advisor when I was 26 years old.  At the time the stock market was the way to go.  If you weren’t invested in the stock market you were missing out.  So I socked all my savings away in the safest and most lucrative thing I knew, Wall Street.

My financial advisor told me that because I was so young, I should invest a bit more aggressively.  It made perfect sense; after all, I had 30-40 years to go until retirement. I could ride the ups and downs of the market cycles.

But what no one told me [Read more...]

Filed Under: Money, Self Directed IRA Solo 401k Tagged With: investing, stock market, strategy, wealth

Could Obama's Stimulus Really Work?

February 20, 2009 By Leave a Comment

spend_addict

Our economy is 70% consumerism. That means it is mostly based on individuals buying stuff. So the current setup of our economy holds two basic facts:

  1. Individuals buying more stuff than they can afford to buy (based on their income) has a net effect that is good for the economy.
  2. When individuals lower their spending and save and invest money, the net effect is bad for the U.S. economy.

That said, should we even care about “the economy” in its current setup? If individuals were really doing what is good for themselves (saving and investing), it would be terrible for the economy.

So could Obama’s stimulus really work? Absolutely not. Not if you consider “it really working” to mean more than just temporarily. We don’t need a stimulus. We don’t need a boosted economy. We need a changed economy. There are only three ways out of [Read more...]

Filed Under: Health, Money, Personal Enjoyment, Personal Productivity Tagged With: bail out, bailout, balance sheet, consumer, debt, deficit, economics, economy, financial, financial freedom, financial statement, future, government, income statement, invest, investing, investment, literacy, Money, obama, prosper, spending, stimulus, thrive, unemployment, wealth

Tool for Battling Coming Inflation

February 19, 2009 By Leave a Comment

If you’ve been following my blog, you know that I take great interest in understanding money. Why every single human who uses money on a regular basis doesn’t also share this interest is beyond me.

With trillions of dollars created by actions of Congress, the Federal Reserve, and the Treasury Department, the concern for coming inflation can only spread. This video explains why tax deferred investment vehicles are the best tool for battling inflation and can possibly even [Read more...]

Filed Under: Money, Personal Enjoyment, Personal Productivity, real estate, Self Directed IRA Solo 401k Tagged With: alternative asset, alternative investment, bail, bailout, bernanke, building, congress, currency, debasement, economy, fed, federal reserve, fiat, fiscal, government, inflaiton, ira, ira llc, monetary, obama, out, paulson, policy, responsibility, rubino, schiff, self directed, solo, Solo 401k, stimulus, strategies, strategy, tax, tool, treasury, wealth

I am thankful for…

November 27, 2008 By Leave a Comment

thanksgiving_prayer

…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 [Read more...]

Filed Under: Health, Money, Personal Enjoyment, Personal Productivity, Self Directed IRA Solo 401k Tagged With: american, bailout, clean, consumer, consumerism, corporate, corruption, crisis, economic, economy, energy, entertainment, entrepreneuer, escapism, government, holiday, independence, inflation, materialism, media, phychology, productivity, prosperity, revolution, scandal, self employed, self employment, thanksgiving, thrive, transportation, united states, wealth
« Older Posts
Newer Posts »
© Copyright 2008 - 2012 Nabers Group LLC | Terms & Conditions