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September 19, 2012
Article by Glen Mather, President & CEO, NuView IRA, Inc:
Thirty two years ago, this question was asked during the 1980 presidential debates, and one that is often reprised when the incumbent administration is faltering. But I couldn’t help but translate it to, “ is your dream of retirement more secure today than it was four years ago”?
Politics aside, the economic challenges of investing wisely has undergone significant shifts in the past four years. Stocks, as represented by the S&P 500, are at the same point now as they were in 2008. Gold has more than doubled, while the average sales price of a new home has dropped by 20%, and of course existing home sales prices have dropped much more. The US prime rate has remained unchanged at 3.25% with the target rate of fed funds at 0-.25%. Meanwhile, the Federal Reserve continues to artificially drive rates down by buying debt and increasing the inevitability of future inflation.
It’s difficult to make sense of it all, yet the inevitability of being one more day closer to retirement is a drumbeat that none of us can ignore. The professional money managers are moving to alternative investments as a way of increasing diversity and yield. According to Research Magazine (Oct 2011), 78% of all advisors are now using alternative investments in their clients’ portfolios. Morningstar also reported that in the ten year period from 2002 through 2011, alternatives outpaced stocks by over a three to one margin.
The attraction of a NuView self-directed IRA permits the alternate investor the broadest range of choices, even beyond the Wall Street offerings of Real Estate Investment Trusts (REITS), hedge funds, and oil leases. Our clients take advantage of bank lending constraints to gain yields of 6-15% or more on their self-directed loans. Instead of a stock-based real estate investment, they may prefer buying a duplex and having the rent accrue tax-free to their IRA. Others find entrepreneurs and help fund start-ups, gaining future profit potential.
No matter whether you watch Fox News, MSNBC, CNN or avoid the news altogether, no one will care more about your retirement than you. Get involved, make good choices, and your retirement dream will be much better four years from now.
To take control of your retirement future, contact NuView IRA at (407) 367-3472. With a self-directed IRA from our Florida self-directed IRA administration company, you’ll have the opportunity to invest in many ways you may have never thought possible!