Personal Enjoyment

The Most Elusive & Dangerous Self-Directed IRA Practice – Part 2

In the last post, you learned about how doing an active "entrepreneurship-ish" deal inside your IRA is an open invitation for the IRS to tax the hell out of you. In this post, you'll learn the solution. The solution is not to avoid doing active deals. The solution is not to stop pursuing … [Read more...] about The Most Elusive & Dangerous Self-Directed IRA Practice – Part 2

The Most Elusive & Dangerous Self-Directed IRA Practice

There's something that most "successful" Self-Directed IRA investors do that can spin them out of control and get them into trouble. I say "successful" in quotation marks because I'm talking about the particular kind of Self-Directed IRA success that is sexy enough to be frequently written … [Read more...] about The Most Elusive & Dangerous Self-Directed IRA Practice

The Next Generation of Small Business Funding

Each year entrepreneurs pitch Venture Capital firms in hopes that their startup company or business expansion will get funded by them. The vast majority do not get funded. Furthermore, "getting funding" almost always means the entrepreneur must sell a sizable piece of his company to the VC. Getting … [Read more...] about The Next Generation of Small Business Funding

Hiring new liberty-oriented PR specialist immediately!

Our publicist has done a great job getting the word out about Self-Directed IRAs, and my various writings and products related to independence, economics, investing, and freedom. But, alas, the time has come to replace our publicist. So here's what we're looking for: Very freedom/liberty-oriented … [Read more...] about Hiring new liberty-oriented PR specialist immediately!

The Fragility of a Consumer Economy

When an economy is based on healthy, sustainable activity with a balance of production and consumption, the type of depression we are in can't happen. In our consumption-based economy, on the other hand, nothing can "stimulate" things back on track. This is because the track we were on is … [Read more...] about The Fragility of a Consumer Economy

How to Cope with Your New $50k in Forced Debt This Year

There are about 100 million non-government, non-taxpayer-paid workers in the U.S. $3 trillion normal government spending + $2 trillion additional emergency spending = $5 trillion government spending in 2009. That amounts to $50,000 of government spending per non-government, non-taxpayer-paid … [Read more...] about How to Cope with Your New $50k in Forced Debt This Year

Microwavable economic epiphany for the lazy or ADD

I've written several times about what I believe is one of the most important films ever produced: I.O.U.S.A. The film is 80 minutes long and came out in August of 2008. It's a project of the former Comptroller General of the United States (our government's chief accountant). He resigned to make this … [Read more...] about Microwavable economic epiphany for the lazy or ADD

Could Obama's Stimulus Really Work?

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: Individuals buying more stuff than they can afford to buy (based on their income) has a net effect that is good for the economy. When individuals … [Read more...] about Could Obama's Stimulus Really Work?