Have you been watching the stock market the past several days? Are you a bit sea sick? Up 150+ points one day; down 100+ points the next. Then up again, then down again. Is this really a way to assure wealth building?
If you watch this everyday (every minute), know how to profit from these quick movements and are nimble enough to react, then you might do okay. Most of us don't have the time nor inclination to sit in front of a computer screen throughout the day.
Many have decided that they have had enough of this erractic stock movements and have considered a more reliable, passive investment for their assets. These folks have discovered the opportunity to invest in trust deeds and promissory notes secured by real estate.
If you are interested in hearing more on how to passively invest in trust deeds and promissory notes secured by real estate, please contact me. I submit that an investor's goal would to seek opportunities for a stable, secured return on their investments, especially passively, which means they don't need to actively monitor this asset; just collect a check.
Cody
Friday, March 4, 2011
Monday, February 21, 2011
Baby Boomers Go Bust: 401(k) Plans Fall Short for Retirement
The 401(k) generation is beginning to retire, and it isn't a pretty sight.
The retirement savings plans that many baby boomers thought would see them through old age are falling short in many cases.
The median household headed by a person aged 60 to 62 with a 401(k) account has less than one-quarter of what is needed in that account to maintain its standard of living in retirement, according to data compiled by the Federal Reserve and analyzed by the Center for Retirement Research at Boston College for The Wall Street Journal. Even counting Social Security and any pensions or other savings, most 401(k) participants appear to have insufficient savings. Data from other sources also show big gaps between savings and what people need, and the financial crisis has made things worse.
For the rest of the article, please click the link below. If you are interested in hearing more information about passive investing in real estate, please let me know.
http://www.foxnews.com/us/2011/02/20/baby-boomers-bust-401k-plans-fall-short-retirement/?test=latestnews
The retirement savings plans that many baby boomers thought would see them through old age are falling short in many cases.
The median household headed by a person aged 60 to 62 with a 401(k) account has less than one-quarter of what is needed in that account to maintain its standard of living in retirement, according to data compiled by the Federal Reserve and analyzed by the Center for Retirement Research at Boston College for The Wall Street Journal. Even counting Social Security and any pensions or other savings, most 401(k) participants appear to have insufficient savings. Data from other sources also show big gaps between savings and what people need, and the financial crisis has made things worse.
For the rest of the article, please click the link below. If you are interested in hearing more information about passive investing in real estate, please let me know.
http://www.foxnews.com/us/2011/02/20/baby-boomers-bust-401k-plans-fall-short-retirement/?test=latestnews
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