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| "darerolo" <realwelth[at]yahoo.com> wrote in message news:1167829104.517553.8290[at]n51g2000cwc.googlegroups.com... I would caution against listening to the high - quote - > pressure,miracle promising "GURU's",such as all the really well known
The expression "higher and safer returns" is an oxymoron. If you do become> ones.But I have seen folks become well educated in a relatively short > time,and I think it is more interesting and fun as well as having much > higher and safer returns than any other ventures "well educated in a relatively short time," one of the first things you will learn is that the higher the return, the greater the risk. That is so important it should be called the Fundamental Law of Investing or something like that. And, by the way, be aware that people who caution against listening to "well known gurus" sometimes are themselves gurus who shouldn't be listened to. |
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| darerolo wrote: - quote - > I have heard of some very creative and lucrative ways of investing
The risk, of course, is also tremendous.> retirement savings recently.I must first say I am not an expert by any > measure.The most interesting ideas I have seen lately involve putting > retirement money into Self-Directed IRA's,then lending funds to a Real > Estate investment,that is well chosen of course.The returns I have > heard others speak of are tremendous, - quote - > and one of the main benefits have
Better control than what? Better control than a diversified portfolio> to do with you having better control and judgment,over what is done > with your money. of well chosen mutual funds? - quote - > You do have to educate yourself as to what is a safe
So you are trolling.> R.E. investment,and I would caution against listening to the high > pressure,miracle promising "GURU's",such as all the really well known > ones.But I have seen folks become well educated in a relatively short > time,and I think it is more interesting and fun as well as having much > higher and safer returns than any other ventures,and R.E. has some > great tax-saving features.dale > ps. To find R.E. Investment clubs near you,I suggest going to > Meetup.com,and CREonline,they are both resources that will connect > you..Happy investing |
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| On Wed, 3 Jan 2007 07:10:53 -0600, "darerolo" <realwelth[at]yahoo.comwrote: - quote - > I have heard of some very creative and lucrative ways of investing
Ok, you asked for advice.> retirement savings recently.I must first say I am not an expert by any > measure.The most interesting ideas I have seen lately involve putting > retirement money into Self-Directed IRA's,then lending funds to a Real > Estate investment,that is well chosen of course.The returns I have > heard others speak of are tremendous, What you describe above is called "chasing return" and refers to investing in things - usually exotic, with tons of sales appeal - that have outstanding recent track records. (To me, "recent" refers to last 10-15 years or so.) The usual result is that the investor gets to around 60ish before they figure it out, and holding lots of different (scattered) assets with a common characteristic - they were all bought high. Financial security comes from how much you save, not where. So my suggestion is to use some of your creativity to figure out how to save more. Then invest simply, and focus more on becoming successful in your career (which gives you more to save.) I've never met anyone who became successful from personal investments. They were always successful in their career first. -HW "Skip" Weldon Columbia, SC |
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| I have heard of some very creative and lucrative ways of investing retirement savings recently.I must first say I am not an expert by any measure.The most interesting ideas I have seen lately involve putting retirement money into Self-Directed IRA's,then lending funds to a Real Estate investment,that is well chosen of course.The returns I have heard others speak of are tremendous,and one of the main benefits have to do with you having better control and judgment,over what is done with your money.You do have to educate yourself as to what is a safe R.E. investment,and I would caution against listening to the high pressure,miracle promising "GURU's",such as all the really well known ones.But I have seen folks become well educated in a relatively short time,and I think it is more interesting and fun as well as having much higher and safer returns than any other ventures,and R.E. has some great tax-saving features.dale ps. To find R.E. Investment clubs near you,I suggest going to Meetup.com,and CREonline,they are both resources that will connect you..Happy investing |
| Tags |
| advice, investing, savings, tax |
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