Checkbook Control In A Self-Directed IRA
February 10, 2020
With great power comes great responsibility. Having checkbook control has benefits, but if managed incorrectly, it may have great consequences.
Continue reading…Timing the Market? Good Luck.
February 3, 2020
Back in 2006, housing prices were growing at 10% per year in Central Florida, and I had plowed any IRA funds I had into the real estate. I then found a brand new home development outside Orlando, offering a home that what I felt was at a 10-15% market discount, and using my savings and a mortgage, purchased the $300,000 rental. Even though I had a $500 per month negative on cash flow, I figured that capital appreciation and future rental income would certainly close the financial gap soon.
Continue reading…Self-Directed Accounts: Do you know your Limit?
January 31, 2020
Ensuring that you will have a successful retirement is not a task to be taken lightly–you should enjoy the road to retirement while thinking of investment options, after all, you’ve worked hard for it. When people think of saving for retirement, they think of 401(k)s and 403(b)s which are employer-sponsored plans. One option that most people don’t consider when thinking of retirement is self-directing their IRA.
Continue reading…Five Things to Ask Your Financial Advisor… And What They May Not Tell You
January 2, 2020
1. How do you get paid, and how much more do you make when my investments go up, and how much less do you make when my investments go down?
There is no doubt that anyone that works for you should be paid, and paid well if their efforts and advice yield above-market returns. But is it fair that the earnings of your Financial Advisor should be about the same if those same investments do not perform?
Continue reading…Taking Possession of Your Property: The Difference Between an Eviction, Ejectment, & Unlawful Detainer Action
December 31, 2019
A landlord in Florida is not allowed to evict a tenant unless the landlord abides by specific rules to end the tenancy first as outlined in Florida law and the lease agreement. An eviction, ejectment, or unlawful detainer action applies when certain conditions exist, as described below.
Continue reading…Big Things Are Happening in 2020!
December 27, 2019
Happy New Year to you and your family!
A special gift, delivered just before Christmas, is the governmental treat called the “SECURE Act”. Who could argue with the acronym: Setting Every Community Up for Retirement Enhancement?
How will this affect all of us? I won’t drag you through the 29 separate provisions, but it may have some relevance to those who are self-directing their retirement plans at NuView.
Continue reading…