Friday, October 10, 2008

IRAs Not Safe in the Stock Market! 2 Trillion Lost in Last 15 Months!

Trillions of dollars have been lost in the stock market over the past few months! It seems that trusting someone else with your hard earned retirement money is not the best move, although there was a boom just a few years ago. This recent story shows what has happened over the past year to most peoples retirement accounts:

So how do you protect your nest egg, how do you guarantee that it will still be there when it's time to retire? The answer is to take resposibility for it and put it where you're sure it will grow. I've been introduced to a copmany that allows a true self-directed IRA account. This company is Entrust Arizona. They allow you to move your current IRAs into their IRA plans. By doing that you gain 100% control and 100% responsibility for your retirement funds.
Once you're in control you have unlimited options for investing. You can invest in real estate, provide personal lending, private lending, promissory notes, gold & silver, etc. My personal favorite in income producing properties! Not only does your account benefit from the positive cash-flow but your purchased asset will be paid for by the tenants, your property will appreciate in value and it all grows tax-deferred without worry or need of the 1031 tax deferred exchange! This is an amazing and powerful opportunity to take control of your retirement and guarantee that it will continue to grow!

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