NuView Client Success Story – Investing in Secured Notes

Our featured client of the month, Shawn S. is the Director of a Non-Profit Organization. What’s fascinating about Shawn’s story is the speed of his success after rolling his 403(b) into a NuView self-directed IRA at the beginning of this year.

In his 50s with a 403(b) performing miserably, Shawn started researching ways to gain higher and more dependable, secured earnings. Managed funds were experiencing unacceptable losses and had high management fees. He first started researching real estate investing but soon concluded that active flipping or wholesaling was not ideal with not enough time on his hands and lack of expertise in that type of investing.

self-directed investing in secured notes

Through his continued research, Shawn discovered the concept of self-directing retirement funds for real estate investing and came across NuView Trust while educating himself about self-directed IRAs on the internet.

According to Shawn, “When I began to calculate my long-term losses, and continued to hear from the managers that this was a long-term game and you just have to be patient and ride it out, I was tired of watching my share value yo-yo up and down.”

At the beginning of this current year (2017), Shawn rolled a portion of his 403(b) into a NuView self-directed IRA. His first investment was a passive secured note that was an excellent test case. He currently holds that note on a 12-month term at 8% which provides reliable returns and monthly cash flow. He receives a set amount via check every month allowing Shawn to calculate the growth of this investment and plan accordingly for future investments.

Shawn explained that his favorite aspect of self-directing is the ability to choose investments that suit his lifestyle/area of expertise and have the flexibility to move to another type of investment when he needs to.

What is your preferred method of investing?

“I’m just getting started with this being my first note, but I’m really impressed with the passive investment model. I can count on solid, secure returns and, in the event that there is a default while I’m holding the note, my private lending firm goes to work on multiple exit strategies that actually result in better returns than if the note had gone full term.”

When did you plan to retire before you began your journey of self-directing?

“I wasn’t sure that retirement would even be a possibility before. Now I am rapidly gaining encouragement that comfortable retirement is a real possibility at my target age.”

Can you describe your experience working with NuView thus far?

“The initial streamlined process of setting up my accounts along with the seamless interface with my investment firm, and crystal-clear timely communication are the three big things that have stood out to me. It has been a real pleasure getting started with NuView. I was a complete novice and the NuView team made me completely comfortable with the process and educated me on the nuances. Highly recommended!”

In closing, Shawn’s #1 tip for fellow self-directors is “to get started earlier!” and we couldn’t agree more.

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