Our featured client of the month, Tim H., brings to us a unique story as he previously worked for an airline that was shut down. This was when he realized he needed to do more with the retirement funds he had accumulated in his 401K but was unable to take out the funds while working for the airline company. Tim saw our ads frequently and realized that this is what he needed to do to gain control. As soon as he started investing his self-directed IRA funds, his assets began to grow tremendously. Tim became a client of NuView 5 years ago with $88,000 which has since grown to $400,000 in assets!
Tim explained that, in the past, he invested in the stock market but suffered many losses along the way. Once he moved his funds over to NuView, he realized that this was a smart move. Tim’s favorite aspect of self-directing is being able to make his own decisions and seeing the profits on the decisions he makes. He says: “Not paying taxes makes a huge difference”.
Today Tim is a Real Estate Investor so most of his self-directed investments are in real estate but he has also bought and sold RVs, all which have been major successes. Tim has several other assets that he plans on converting to a Roth IRA.
Do you have any tips for fellow self-directors?
“I recommend giving yourself enough time for companies to sign. This can be tough because some properties are competitive, using cash can close quickly. NuView does a great job at making quick successes.”
What has been your favorite part about working with NuView?
“How accessible and organized this company is. All the forms on their website makes it so easy to do everything yourself. They have seminars that explain all the IRS regulations and how to invest where you will make a profit.”
