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How to Take Advantage of a Self-Directed IRA with Just $5,000

Blog, Other Investments, Real Estate,

There is a common misconception out there regarding self-directed IRAs that you have to already have a lot of money in your IRA to get started with self-direction. Here’s an example of an investor who started out with just a 5,000 contribution to her self-directed Roth IRA. This particular investor had some friends in the […]

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Retirement Obsession Disorder

Blog, Mortgages and Notes, Other Investments, Real Estate,

There are certain phenomena that can only be explained through experience.  Once such event is what happens when you achieve the age of fifty. When I was thirty, my viewpoint of those meeting the mid-century milestone was a bit jaded.  It seemed that the “older” generation’s musical tastes included artists such as Johnny Mathis, Andy […]

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Roth IRA Conversion – You Are Now “On the Clock”

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For those of us that are sports fans, both football and basketball drafts are once a year events that require a great deal of strategy and preparedness on the part of the drafting teams.  For example during the NBA draft, a team only has 5 minutes to decide what choice to make once they are […]

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Am I Too Young for a Retirement Plan?

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You are never too young to start saving for retirement! When we work with clients who start a retirement plan later in life, more often than not, they regret waiting so long to get their plan in action. If you are a young adult in your mid 20’s to mid 30’s with any amount of […]

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Former Hockey Coach Purchases Ice Rink through His IRA

Blog, Real Estate,

A former men’s hockey coach at the University of Virginia recently decided to use his self-directed IRA to purchase real estate in the form of an ice-skating rink that was on the verge of closing. He got together with six other investors and contributed $300,000 from his own IRA in order to save the ice […]

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Thoughts at Thirty Thousand Feet

Blog, Mortgages and Notes, Private Companies,

There is something therapeutic about flying.  No, not the shuffling through the TSA gauntlet, the detangling from the hordes of little ones returning home from Orlando with their skull caps adorned with plastic ears and clutching their furry souvenirs. No, the respite comes once sufficient altitude is obtained, the drink order delivered, and the electronic […]

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Myths Regarding Roth IRA Conversions

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Unfortunately, all of the attention lately on Roth IRA conversions comes with a flood of misinformation. The following are a few common myths regarding Roth IRA conversions and the realities investors should know: Myth 1: A Roth IRA conversion is irreversible – This is not true, you have the right to change your mind later […]

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