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
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What Causes Inflation? (You may be surprised) – Part 2
In Part 1 of this post, we examined the facts concluding that inflation is caused by monetary debasement. In this follow up, we'll observe the reason behind why common belief is that inflation is at 3% - 5%. First, let's recap what was already covered: What is Inflation? Inflation is the steady, … [Read more...] about What Causes Inflation? (You may be surprised) – Part 2
Entity (LLC) Maintenance – Keeping your Corporation or LLC Legitimate
****** A note from Jeff Nabers ****** I asked attorney Dan Marsh to shed a bit of light on entity maintenance and its importance. With a general purpose LLC, failing to properly maintain the entity can result in "piercing the veil" which means subjecting creditors to assets of the LLC owner(s). … [Read more...] about Entity (LLC) Maintenance – Keeping your Corporation or LLC Legitimate
Asset Protection: Multiple LLCs
LLC stands for limited liability company, and that is the primary purpose for forming such a legal entity. When you enter into a business transaction as an individual (aka sole proprietor), if somebody decides to sue you, all of your personal assets can be subjected to satisfying the law suit. The … [Read more...] about Asset Protection: Multiple LLCs
Self Directed IRA/401k vs. 1031 and other conventional RE tax strategies
Conventional Tax Strategies for Real Estate Many real estate investors boast of their tax strategy as involving one or more of the following: Depreciation - This is a tax concept where the property owner pretends that his property is decreasing in value. For residential real estate, it assumes that … [Read more...] about Self Directed IRA/401k vs. 1031 and other conventional RE tax strategies
Self Honesty: Stock Market Strategies Worth Considering
While I generally avoid mutual funds like the plague, I don't avoid the stock market altogether. I'll split what I do in the stock market into two categories: long and short. Either way, I'm honest with myself in admitting that no matter what I do in the stock market, it will be speculative and … [Read more...] about Self Honesty: Stock Market Strategies Worth Considering
Stock Market Profits: Luck, Insider Trading, Arbitrage, Big Fish, and Geniuses
Luck... Doing very well in publicly traded securities is sometimes a streak of good luck. I've had a terrific run on the craps table in Vegas many times. Eventually, I run out of good luck. Many people experience the same thing with trading. Insider Trading... This is when a person has non-public … [Read more...] about Stock Market Profits: Luck, Insider Trading, Arbitrage, Big Fish, and Geniuses
Saving vs. Investing vs. Surrendering
Has your saving really been a loss? Has your investing really been saving? Let's find out. To start, here are my definitions... Investing - the placing of assets to build wealth in a way where overall return can be maximized and risk minimized confidently, competently, and consistently. Saving - the … [Read more...] about Saving vs. Investing vs. Surrendering