Jeff Nabers

 

Nabers Wealth     Solo 401k     ———

self directed

Consumer confidence falling & the $600 checks to save the day

Did you get your $600 check yet? What will you do with it? Surveys are saying that most Americans will use their "Economic Stimulus" check to deal with gas, food, and catching up on bills. This doesn't stimulate the economy. Consumer spending stimulates the economy. In other words, the Department … [Read more...] about Consumer confidence falling & the $600 checks to save the day

How come I've been losing 4% per year over the long run in a stock market that returns 10% per year?

One investment philosophy that has grown in popularity is "Because most mutual funds can't even outperform stock indices, just invest in index funds." This idea builds on the assumption that "over the long haul, the stock market goes up 10% each year." Guess what... The stock market does not go up … [Read more...] about How come I've been losing 4% per year over the long run in a stock market that returns 10% per year?

Grading Promoters – Fairpointe… B

I ran across a site advertised on Google today - www.coloradodeedsoftrust.com - run by a company called Fairpointe. This post is just my initial opinion from reviewing their web site. I haven't spoken with or met these people or anyone who has done business with them. Once I have I will post an … [Read more...] about Grading Promoters – Fairpointe… B

Grading Promoters – Waterford Financial Group… F

As a follow up to "Where to find reliable information", I want to let you know about another seemingly unscrupulous self directed IRA/401k promoter... Waterford Financial Group (www.thetrueira.com). Again, I've never spoken with them or dealt with them in any way, but one visit to their web page is … [Read more...] about Grading Promoters – Waterford Financial Group… F

Financing a business with retirement funds

By far, one of the most luring propositions is Fund your dream business with your retirement fund "But, how?" you ask, "isn't it a prohibited transaction to invest your plan (IRA/401k) into something that involves myself as disqualified person?" Yes. As a general rule, it is prohibited for your … [Read more...] about Financing a business with retirement funds

Forced Appreciation

There's a questionnaire that I go through with my new customers over the phone, and in it I ask if forced appreciation is part of their investment strategy. Often I hear a response of "huh?" Forced appreciation belongs mostly to the world of commercial real estate. It's natural for the new real … [Read more...] about Forced Appreciation

What is the Plan Asset Rule?

The plan asset rule, among other things, is used to determine whether or not a retirement plan is involved in a prohibited transaction. A PT happens when a plan enters into a transaction with a disqualified person. In our previous post, we covered how to make a list of disqualified persons for a … [Read more...] about What is the Plan Asset Rule?