Reasons Why Self-Directed IRAs Are Popular

Submitted by Admin on Mon, 03/30/2020 - 23:43

Reasons Why Self-Directed IRAs Are Popular

Many people who lost hugely on investments during the Great Recession are looking for better ways to invest. With the economy still struggling to right itself, traditional IRAs are not as attractive as they may have been in the past. That’s one of the primary reasons for the rise in popularity of self-directed IRAs. These individual retirement accounts don’t act like IRA 1.0. Instead, they have a wide range of other features that are popular with investors, like those listed below.

Options

Is a Self-Directed IRA Really Worth the Effort?

Submitted by Admin on Mon, 03/30/2020 - 23:42

Is a Self-Directed IRA Really Worth the Effort?

You’re making plans for a comfortable retirement. It isn’t always easy and there are many decisions to be made. One important decision is whether or not a self-directed IRA is the right choice for you to make and whether or not it’s worth the effort. These are a few top reasons people decide to consider self-directed IRAs regardless of their risks.

1) Trust

How to Roll Your 401(k) into a Self-Directed IRA

Submitted by Admin on Mon, 03/30/2020 - 23:42

How to Roll Your 401(k) into a Self-Directed IRA

Many people struggle to keep all their retirement planning and financial information straight. From IRAs to 401(k)s and all points in between, it can get confusing at tax time or any other time of the year. That’s why it’s wise to consider - once you become fully vested in your employer 401(k), that is - the potential benefits of rolling the funds from your 401(k) program into a self-directed IRA (SDIRA).

Why Would You Want to Make the Switch?

Are Self-Directed IRAs Too Good to Be True?

Submitted by Admin on Mon, 03/30/2020 - 23:41

Are Self-Directed IRAs Too Good to Be True?

Many people have become somewhat jaded in the past decade as they’ve watched retirement funds dwindle in the aftermath of a recession that left an entire economy reeling. They’ve become disenchanted with the investment process and lost confidence in traditional investment options.

That’s one reason why self-directed IRAs (SDIRAs) has become, for many, an attractive alternative to traditional IRAs, 401(k)s, and other retirement investment options. But, is this one option that really is a little too good to be true?

What You Need to Know about Investment Portfolios

Submitted by Admin on Mon, 03/30/2020 - 23:38

What You Need to Know about Investment Portfolios

Your investment portfolio is a collection of different investments for which you’ve betted in order to earn income. The goal is not to lose the principal amount. So, you only have one portfolio but it will include all of your investments. But, an investment portfolio is also something a bank or broker might offer, such as a mutual fund. This is a group of investments that you don’t have to do anything with once it’s set up, based on the risks you were willing to take.

Asset Allocation

Understanding Financial Statements

Submitted by Admin on Mon, 03/30/2020 - 23:37

Understanding Financial Statements

When you get involved with investing, it's important to understand some basic information about how to read and understand financial statements - especially if you are a do-it-yourself type. Knowing what they mean can help you make sound decisions about your investment choices.

Types of Statements

There are four basic financial statements that every business should have:

Tools to Help with Your Investment Decisions

Submitted by Admin on Mon, 03/30/2020 - 23:37

Tools to Help with Your Investment Decisions

Making good financial choices and investment decisions requires a lot of research, education and help. The following tools will help you before, during and after you start investing. Using tried and tested tools of the trade will help you learn more and get up to speed fast so that you make good choices and make more money.

Eight Tips from Investment Professionals

Submitted by Admin on Mon, 03/30/2020 - 23:36

Eight Tips from Investment Professionals

There are some basic things that all professionals recommend that every investor do. There isn’t much argument about these tips. Famous gurus from Warren Buffett to Suze Orman to your unknown financial planner and the U.S. Securities and Exchange Commission all agree on these tips without equivocation.