Stocks and bonds aren't your only investment options. Invest like Harvard's endowment fund or Princeton's endowment fund. You can and should diversify away from stocks and bonds. You can do this through professionally "Managed Accounts" for commodities, currencies (forex), futures, and options without having to be a trader yourself.
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.
Global Investors' Bill Of Rights May Prevent Economic Déjà Vu
The purpose of IBOR is to protect financial markets and to create self-sufficient investors who produce economic growth instead of government deficits. IBOR standards create transparent financial markets, regulate speculation, and protect retirement portfolios. Here's a Summary---get involved.
Get rid of SFAS 157, which works something like this: While my bank owns my mortgage, it's worth full value. As part of a Ginny Mae--- still full value. But once it crosses over into the ether of CDOs and other multi-level Frankensteinesque monstrosities, my paid in advance mortgage becomes indistinguishable.
Bear Stearns, Lehman Brothers, Merrill Lynch, Wachovia, Washington Mutual, and countless other financial institutions have failed in this debacle. Why didn't they downgrade themselves to an under perform or sell rating? The reason is simple and it's Wall Streets dirty little secret...
Crash! The 2007 thru 2008 financial crisis halved 401(k), IRA, and Mutual Fund values in a matter of months. For many, retirement dates had to be pushed back; for others, new jobs had to be found. The tragic flaw? No income allocation in the investment program. Market value builds egos; income pays the bills.