Making Money, Richard Russell
Below is a powerful article from Richard Russell’s “Rich Man, Poor Man” letters series. A solid educational piece worth knowing about and sharing with your children and grandchildren: MAKING MONEY: The most popular piece I’ve published in 40 years of writing these Letters was entitled, “Rich Man, Poor Man.” I have had dozens of requests [...]
The Characteristics of an Ideal Investment
CHARACTERISTICS OF AN IDEAL INVESTMENT The Problem: When it comes to mainstream investments these days, viable options are few and far between. The stock market has been in flux over the last several years by virtue of looming inflation, spiraling oil prices and the constant threat of terrorism. Every government bureaucrat, newsletter author, financial expert, [...]
Is Funding a 401(k) a Mistake?
Funding a 401(K) could be one of the biggest mistakes you could make, according to Pulzar Inc. research. The research shows: Your 401(K) could cause you to pay higher taxes than necessary when you retire. Your 401(K), subject to market volatility, could leave you out of money before you die. Does your 401k plan provide [...]
Use a Self-Directed IRA to Diversify
As people experience the current state of the economy with the sub-prime mortgage debacle, near collapses by banking and insurance giants, as well as a plummeting stock market and shrinking retirement accounts, they want to take back control of their investments. Many are also disenchanted with the traditional investments available through typical retirement plans like an IRA or [...]