Jun 30

Do you want to see more money back in your pocket on a regular basis? Find out the ways to achieve this through private loan consolidation and through avoiding the 5 mistakes I discuss in this article.
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Originally posted 2009-02-10 11:30:33. Republished by Blog Post Promoter

Jun 30
Gordon Hall asked:


Let’s face it.   A vast number of investors lost money recently in their retirement accounts.  Some people are trying to face the fact that if they don’t do something and quickly, they are going to have to put off retirement for a few more years.  If you want don’t want to give up your retirement goals and you want to secure a safe financial future, research the best retirement plans. 

The problem is that many people rely on their banks or employers to manage their accounts.  Banks are notorious for charging exorbitant annual fees to manage retirement accounts and it’s inevitable that they choose investments and make decisions that benefit them more than you.  When under the management of an employer, retirement plans are usually taken care of by the Human Resources department.  They might mean well but they don’t have the financial know-how necessary to manage an investment account and get maximum returns.  

It’s not a good idea to let a bank or employer manage your retirement account because they will generally take most of the profits and only give you a portion.  Furthermore, you will usually be clueless as to what is going on in your account since you will only find out when quarterly reports come in.  In order to have flexibility, maximized returns, and complete control, the best retirement plans are self-directed Roth IRAs.  

Roth IRAs are a good choice for retirement plans if you are eligible because they are tax-advantageous.  Moreover, they have a lot fewer restrictions than traditional IRAs.  With a Roth IRA, your contributions are not tax-deductible but they will escape taxation completely once they are in your account.  There is also no required minimum age for distribution. 

Self-directed accounts are the best retirement plans because you have a much wider range of investment options and greater control over your account.  You can choose to invest in real estate, partnerships, gas and oil fields, private equity, franchises, and much more.  Real estate is hands down the smartest investment you can make because it can guarantee higher returns.  

Most investors have seen their rates of return dwindle and many have incurred huge losses during this economic crisis.  That is because most traditional retirement plans rely on stocks and bonds, which fluctuate in value every minute of the day.  Real estate on the other hand tends to increase in value over time and it is a low-risk investment because it is insured against common forms of loss such as natural disaster.  Moreover, real estate is stable because there is always a high demand for it in the market.  

Do yourself a favor and learn more about self-directed Roth IRAs because they are the best retirement plans out there.  If you want to maximize your returns and have complete control over your account, learn about how you can rollover to a self-directed Roth IRA and invest in real estate.  By doing so you will be able to build a more secure financial future and make your hopes for retirement a reality.  


debt consolidation

Originally posted 2009-10-17 09:36:24. Republished by Blog Post Promoter

Jun 29
Catherine Brown asked:

Being debt free is almost like a dream for some and more and more people are seeking help to become debt free. The concept of having credit available, using it wisely or not at all, saving religiously and planning for the future has become alien in our society. Some financial experts explain that living debt free means having no debt at all, but the definitions of debt free vary depending on who you ask. Debt free help is available widely, from financial planners to information on the internet. While some describe as not having any debts at all to others it means using credit productively and controlling the debt.

Freedom from debt is a lifestyle choice

While not having any debts is obviously the main goal, for the more pragmatic amongst us controlling debt is the best that we can realistically hope for. How is anyone apart from those born with a very large silver spoon in their mouth supposed to get on the property ladder without getting into the single largest cause of debt – the mortgage? Every family who wants to lead a debt free lifestyle needs to do so by having a committed frugal household budget plan.

To become debt free one has to distinguishing between needs and wants. In a materialistic society such as ours it is easy to be caught up by the glamour of advertising campaigns and spend a small fortune that you do not have on products you will never need.

Strategies to becoming debt free

The strategies for becoming debt free include avoiding usage of credit cards, loans and other credit to fund purchases. Mortgage debt consolidation, equity loans, credit card debt consolidation, debt settlement, debt management plans, and debt acceleration plans are some of the many different debt managing programs available for those borrowers who are struggling with the heavy monthly payments towards different debts.

Whilst each one of those debt management methods is may be relevant to you, the surest way of avoiding the need for such remedies is to always think before you buy .Do you need this or do you just want it. If the latter is the answer, particularly if you need credit to buy it then just leave it in the store.

You can also use the debt repayment accelerator plan to become debt free. This plan accelerates your the debt repayment capacity on the basis of the family budget and the priority of the debts. Also making weekly rather than monthly payments can have an effect.

Debt consolidation services – helping you to simplify the process

If you do have a debt problem and envy the debt free life of others the first thing you should do is seek the advice of a professional debt consolidation services company. Many of these companies have very highly trained staff and can have you back on the right financial track very quickly. Also try to adjust your attitude to one which will bring and keep that debt free lifestyle.

Budgeting – the key to a debt free life

Depending on the nature of your job and the family expenditure, you have to establish a perfect family budget in order to have some surplus cash available for the repayment of debts. If you are a couple, it is important that husband and wife sit together to work out and agree to the family budgets. Both the husband and wife of a family have to consult each other in deciding about which expenditure is most important and which is least important and has to cut down expenses accordingly. This will serve as a foundation for a debt free plan of a family. Debt free help can also be obtained from Credit counseling agencies, which help people in debt related issues.

Prioritise your debts

Prioritizing debts is a great start to becoming debt free. List all the amounts you owe by interest rate rather than the balance. Put high-interest loans at the top of the list. Now concentrate on paying off the debts at the top first. You will save more by paying off these expensive loans first, while keeping up the required repayments on the others.

Consider consolidating your debts

Debt consolidation involves combining higher-interest debts into one, lower-interest loan – in most cases this means folding them into your mortgage. Consolidating high interest personal loans and credit cards can be a sensible strategy, reducing your interest repayments significantly. But remember, you generally extend the term of the debt, and this may mean paying more interest long term. Debt consolidation is not for everyone.

While there is a lot of debt free help available from industry experts and also on the internet, it is easy to get confused and become complacent. Design a strategy the meets your individual requirements and follow the steps diligently on your path to becoming debt free.


Originally posted 2009-03-31 15:17:58. Republished by Blog Post Promoter