If you are choosing to stay in the stock market right now because of any of the following reasons... It is poised to bounce back You don't want to close out losing positions Stocks are cheap right now ...then the simplicity of the following information may shock you. Last week … [Read more...] about S&P Price-to-Earnings Ratio Says Market is Still 70% Overpriced
401k
Why Mutual Funds Aren't Diversified
This video examines diversification... What is it? Why didn't it work to reduce my portfolio risk? Is there something I can do to make diversification actually work? If so, what? Diversification is extremely fundamental to the modern porftolio theory that so many financial planners talk about. … [Read more...] about Why Mutual Funds Aren't Diversified
How to profit from real estate investments in a soft and declining real estate market
Three years ago real estate investing was hot. Today, many people act as if the opportunity has passed. I contend that the opposite is true. In the past, as a mortgage banker focused on originating mortgages for investment properties, I started listening to and learning from my real estate investor … [Read more...] about How to profit from real estate investments in a soft and declining real estate market
Warning: Don't let administrators act as custodian – Part 3
*** This is Part 3 of a series about the dangers of letting an administrator act as custodian. Make sure you read Part 1 and Part 2 first to make sense of this post. *** The illegitimate custodian test Ask "Who should the check be payable to for the rollover contribution or transfer?" Ask "If my … [Read more...] about Warning: Don't let administrators act as custodian – Part 3
Warning: Don't let administrators act as custodian – Part 2
*** This is Part 2 of a series about the dangers of letting an administrator act as custodian. Make sure you read Part 1 first to make sense of this post. *** Signs that your custodian may not really be a custodian They sometimes call themselves an administrator. "Administrator" is an accurate … [Read more...] about Warning: Don't let administrators act as custodian – Part 2
Warning: Don't let administrators act as custodian
To have a self-directed IRA, unlike a Solo 401k, you must have a self-directed IRA custodian... and you should stay away from unregulated companies masquerading as a custodian. A self-directed IRA custodian is one that will have less investment restrictions than the more common tradition … [Read more...] about Warning: Don't let administrators act as custodian
The Top 5 Investing Myths of 2008
2008 was a very interesting year to say the least. Possibly the most productive outcome of the year was the restless message of "rethink things" coming from the little voice beckoning each of us in our minds. Myth #1... The SEC keeps investment information honest and accurate The Securities and … [Read more...] about The Top 5 Investing Myths of 2008
Nabers Group Solo 401k vs. Custodian Solo 401k
After being asked "What's the difference between your Solo 401(k) and one offered by a custodian?" for the umpteenth time in the past few months, I figured it's about time to write a post about it. Why custodians exist IRAs are governed by section 408 of the Internal Revenue Code. There they are … [Read more...] about Nabers Group Solo 401k vs. Custodian Solo 401k