Copyright 2006 Damon CliffordAh, remember the good old days? You would get up, go to
work for 30 years, and then retire. The company funded
your pension and you had enough in savings to cover you for
the rest of your life. That was fine, because you would
typically die 5 or 7 years after retirement. But that
isn?t the case any more. Many people are living 20 or 30
years after their retirement, companies are no longer
offering pensions, and many people are spending more money
than they make.
Because of this, it is up to you to take control of your
retirement and IRA funds.
The stock market has historically gone up. But when it?s
going down, or even sideways are you expected just to ?take
it?? Many would have you believe that yes; you just have
to ?go with the flow?. Or they will tell you that it?s the
?entire? market, everyone is getting hammered. Just stick
with it and everything will be fine (have they already
forgotten what happened in 2000?).
Brokers will tell you that your mutual fund is safe or
secure because it?s spread across many different companies
and many different industries. With all things relative,
it is true that it is "diverse". So why does the market
value go down in your mutual fund or perform lower than the
market itself? They will tell you that the fund is
diverse, but guess what...it?s only one asset, stocks!
It's not okay to just accept it, you do have a choice.
Did you know that you can invest your IRA funds in other
assets beside stocks, bonds, and mutual funds?
Investing in alternative assets can be a very beneficial
strategy to compliment your retirement portfolio.
Alternative assets include anything from real estate, oil
and gas, tax liens, private notes, trust deeds, and many
more. I?m not saying to sell all your stocks and mutual
funds. Those are required as well to have a diverse
portfolio and there are many good brokers and mutual funds
out there. Some of them are truly worth their weight in
gold and I would recommend them to my friends and family.
However, I talk to people everyday that are just fed up
with the stock market and their broker. Just like anyone
else, they hate losing money. I reassure them that the
market has historically gone up, and it will again go up.
I don?t know how, why, or where it will go up, but history
has proven itself. Even though they know that the stock
market will go up, they still want to look for alternative
ways to making money outside the stock market and to keep
their portfolio truly diversified.
So now is the time to take control of your future! Don?t
let someone else dictate what you need, want, or should do.
The Self Direct IRA LLC is a tool that allows you to invest
your IRA funds in these non-traditional assets. You can
buy and sell real estate, energy, and tax liens in which
all the profits will flow back into your IRA. Many people
already do this, but not in the IRA. The IRA has tax
favorable treatments which can be great in accumulating
wealth.
The Self Directed IRA LLC is not for the passive investor,
it is for the active investor that truly wants to take
control of their IRA funds and their retirement. As we
live longer lives, we will not be able to afford the drops
in the stock market. As you get older, it becomes more and
more important that your portfolio doesn?t decrease in
value. Don?t rely on others to make sure you retire
comfortably. Take control and truly diversify your
retirement portfolio with non traditional assets for a more
secure and rewarding retirement.
As always, do your research and keep your portfolio
diversified.
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Damon Clifford is a Self Directed IRA LLC Advisor. If you
would like to learn more about the Self Directed IRA LLC,
you can visit http://www.captuity.com/selfdirectedira or
you can call (888) 352-1799. You can also view his
retirement blog at http://www.DamonClifford.com
