Can I borrow from my retirement savings to buy real estate?
Can you borrow from an IRA, 401(k) or Roth IRA to invest in a rental property or a business? — Bob H.
It can be tempting to borrow money from your retirement funds, but it's usually not a good idea, warns Frank deNapoli, senior vice president at Winslow, Evans & Crocker in Peabody, Mass. "You're shortchanging your retirement," he says.
I am 31 years old and contribute more than enough to my 401(k) to obtain the company match. I also max out my contribution to a Roth IRA every year. I would like to contribute to a Roth 401(k), but my company does not offer this plan. Can you help me understand the benefits of a Roth 401(k)? Also, do you have any recommendations on selling my company on making a Roth 401(k) option available? — Justin
E-Minis Unfair Advantage....Have You Watch This Yet?
So many people are CRUSHING the markets right now and making lots of money! At the same time, far more traders are gripped with fear and struggling just to break even….The difference? Confidence and consistency.
As you know, you build both when you understand the best times of the day to trade and how to avoid the common mistakes and “hidden” pitfalls that prevent consistent profits.
Always, every time and without exception, the general media has predicted the end of the financial world, financial experts have pointed out the remarkable differences from the last correction, and investors everywhere have been encouraged to take their losses and sit on cash or gold until the smoke clears. Every time, the short sighted fear mongers have been wrong.
Making A Volatile Stock Market Your Very Best Friend
Call it foresight, or hindsight if you want to be argumentative, but a long-term view of the investment process eliminates the guesswork and points pretty clearly toward a trading mentality that keys on the very natural volatility of the hundreds of investment grade value stocks out there for your portfolio building attention.
IGVSI Eclipses 2007 All Time High --- above 2007 levels since mid-February 2011 --- now up 6.9%; ahead of DOW and S & P by roughly 19%. Market Cycle Investment Management Model Portfolios build upon 18% gain in 2010. S & P 500 and mighty DOW lag the IGVSI, need average of 14% more just to equal 2007 levels.