Other Investments

Startups Are The Asset Class Your Portfolio Is Missing

September 1, 2020

Angel investing sounds like an area of investing that is reserved for millionaires and billionaires. On top of that, it seems much too risky for regular investors. However, it turns out that if you apply the power of diversification and basic business principles, this asset class can be a great addition to your portfolio.

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I Was Wrong! How I Missed The Boat By Not Investing In Mobile Home Parks

August 4, 2020

My mother always told me to stay away from trailer parks. Did yours?

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Diversifying Your Portfolio: Why Now Might Be The Time To Take The Leap

April 16, 2020

The recent volatility in the public markets has many investors reeling. If you’ve spoken with your financial advisor recently, you’ve likely heard something along the lines of “a long-term disciplined approach to investing with a well-diversified portfolio is the best strategy for financial success”. It’s also probable that your advisor has suggested an investment portfolio consisting almost entirely of mutual funds. Some funds will invest primarily in a myriad of stocks, while others will expose you to fixed income securities such as bonds and CDs. Based on your investing time horizon and risk you’ll receive a recommended “target asset mix”. This mix is usually illustrated as a pie chart that provides what your advisor believes is an appropriate mix of equities, fixed income securities, and cash. By purchasing multiple investments that correspond to each sliver of the pie, you’re considered by many to have a well-diversified portfolio. In other words, you’re ascribing to the age-old adage of not having all your eggs in one basket.

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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.

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Self-Directed Accounts: No Longer A One Size Fits All

July 1, 2019

Planning for a successful retirement can be an intimidating task, to say the least. While many people are saving for retirement through employer-sponsored plans like 401(k)s or 403(b)s, there are additional options that can make all the difference between getting by and continuing to build wealth into your golden years. IRAs have been around since 1975, and while most people are somewhat familiar with them, very few people are aware of the full scope of opportunity offered by these accounts. There are several major considerations when choosing which strategy is right for you.

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Overseas Adventure? Take Your IRA with You!

May 1, 2019

Whether it’s the lure of an affordable beachfront condo, or a hillside villa, more Americans are choosing to live either partially or fully outside the country now more than ever.  Central America, including Costa Rica, has seen a sharp increase in growth of expats.  According to an article quoting the US Ambassador to Costa Rica in 2017, over 100,000 Americans now live in Costa Rica alone.

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