invest

Who will bail out the government?

Although the House rejected the recent $700 billion bailout, there is plenty of bailing out that has already happened, and there is more to come. Already: $80 billion injected into failed AIG IndyMac bank taken over by FDIC Bank of America bought Merrill Lynch for $50 billion - 70% over its … [Read more...] about Who will bail out the government?

Is this the bottom? How to recover your stock market losses

This question is on the minds of millions of Americans. I know exactly how to recover your losses: get out of the U.S. stock market and recoup your losses elsewhere. S&P 500 loses 28% in one year The sales pitch of securities salesman is that the stock market goes up around 8% or 9% per year … [Read more...] about Is this the bottom? How to recover your stock market losses

Where to form your LLC for virtual or foreign business activities

When you form an LLC (or Corporation), it is registered and created at the state level. You can choose to form an LLC in any state, regardless of your state of residency. Nexus When you have business activity that clearly occurs in a specific state, you are said to have "nexus" in that state. If … [Read more...] about Where to form your LLC for virtual or foreign business activities

My Meeting with the Social Security Administration

About 6 months ago, the Social Security Administration started calling my office asking to arrange a meeting with my IRAAA colleagues and I. For months I had shrugged it off because of the fact that many of my readers, customers, and colleagues plan their finances as if SSA will fail. Taking control … [Read more...] about My Meeting with the Social Security Administration

Does the weak dollar make foreign real estate a bad investment?

In a recent meeting with a couple of real estate investors, I was posed with the question: Doesn't the weak dollar eat into the profit of foreign real estate investing? Not at all; in fact, quite the contrary. A weak dollar makes spending dollars in foreign countries disadvantageous. I ran into this … [Read more...] about Does the weak dollar make foreign real estate a bad investment?

Coinvesting with your plan / Partnering with disqualified persons

What if you could combine your retirement funds with your personal funds and additional monies from other family members? Well, you can... sort of. This question was asked and answered in a Department of Labor Advisory Opinion in July of 2000. Click that link above to read the opinion in its … [Read more...] about Coinvesting with your plan / Partnering with disqualified persons

The next big party

A recent Onion News article has hit dead on what is wanted right now by the masses of the American public. As ridiculous as this article sounds, this type of mentality is exactly what's been behind many "investment decisions" of the average American in recent past. Read the article here, and then … [Read more...] about The next big party