Tuesday, October 28, 2008

You only get one future


Are you too busy to take an active role in your retirement? Do you truly believe that the stock market will grow and protect your retirement account? I hope the turmoil of the last 2 months has been a wake-up call and you've learned that since you have funds in a retirement account, you are an investor. How do investors...invest? They actively look at a range of opportunities and spread their dollars over the investments that pencil best for their needs. If you need help, it's out there. You just need to spend a little time to get the ball rolling.

This is a great story in the New York Times about the types of self-directed IRA investments folks are making. A bowling alley in Brooklyn. Residences that have fallen out of escrow. Rental properties in Las Vegas. Chicken manure. Cypress tree farms. There is an almost unlimited number of opportunities that you can invest your retirement funds in. You're only limited by your lack of knowledge and desire.

What's the craziest investment idea you've heard of?

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