The IRA Owned LLC, A Great Potential for Investing "So many investors are tired of watching their retirement accounts dwindle away from the lackluster performance of the stock market, while the value of their home and surrounding areas increase in the double digits," said Marco Caporale, President and CEO of Independent Executive Management, LLC Although using your retirement account to purchase real estate does offer the potential for two to three times the annual appreciation of traditional stocks, it does come with a lot of regulations and severe ...

3 Steps to Personal Financial Success - Part III: Save Some Money Obviously, you cannot be a financial success if you don't have any money or are not living the lifestyle that you envisioned Question: Do you know what your net worth is? Many people don't and are afraid to even try to determine what it is It may just be the one thing to get you taking action towards saving your moneyHow Much to Save?Most say save 10% of ...

Men, Women and Their Finances What do you worry about most when it comes to your finances and debt or your credit card repayments? It seems that men and women have different outlooks and think differently about their finances A survey was carried out to see whether men and women thought differently or the same about their finances Women tend to look at their current levels of debt while men tend to look to the future and are more likely to ...

Pensions Pensions are definitely a political “hot potato” in most countries around the world as population demography changes with an increase in the numbers of retired citizens Canada is no exception as private pension schemes are being promoted to take the heat off the Governments Canada Pension Plan that many analysts believe will not be able to cope in the future Please note that any pension payments are classed as income and will be subject to standard taxation rules Using ...

Basic Tips on Personal Finance Do you ever wonder where your money goes every month? Does it sometimes seem as though you cannot afford to do things because your financial obligations are holding you back? If you find that you are asking yourself these sorts of questions, perhaps you should take a look at your financial situation and assess whether you are practicing good personal finance management or not Good personal finance management spends within their income, plan for the ...

The Importance Of Planning Your Retirement And The Consequences Of Not! Bob is a 65 year old graphic designer that is very financially secure His colleagues, friends and family define him as a prosperous “fly by the pants” kind of guy From as far back as he can remember, Bob has always hated planning and believes that his “spontaneity” and ability to think creatively while implementing new ideas has made him successful For the past 30 years or so, Bob ...

Planning For Retirement When looking towards retirement many people just think about the joy of not having to work anymore Unfortunately, even though a person retires they still have bills to pay The need for careful planning is perhaps the most overlooked part of retirement Having a set plan in place before retirement will help to ensure the golden years are golden The following list gives some great points on how to plan for retirement 1 Save money Before retirement setting up ...

Free Money for Your Retirement? It can be more than a little discouraging to start making retirement planning calculations You’ll usually find that to achieve the annual retirement income you want, you need to be saving a lot more than is practical Suppose, for example, that you use a program like Quicken or Microsoft Money to determine that your retirement savings should equal to $5,200 a year—which is the same as $450 a month (This savings amount will produce roughly $15,000 ...

Medicare, Social Security and Retirement Everything keeps changing, how do I keep up? Why is there so many choices? This is common question and concerns of most seniors today The cost of health and prescriptions is higher today for seniors, averaging over $50000 a month With fixed incomes, a comfortable retirement seems to be slipping away Retirement is re defining itself The days of a lifetime pension and 401ks are being wiped out You must think and live different than our Mothers ...

Working Capital Cash Flow Solutions: Should I Borrow From A Bank? Recently, my newspaper reported that a local bank “earned a four star excellence rating for the sixty-fourth consecutive quarter” That’s sixteen years of four star excellence! The article went on to say that the “rating is based on a complex formula that includes …capital safety levels, quality of loan portfolio, and the ability to meet obligations…” The press release was designed to showcase the value of this bank and ...