Baby Boomers Take Cover under Tax Lien Certificates
Unstable political and economical realities make traditional securities far less appealing to Baby Boomers.
Denver, CO (PRWEB) May 28, 2004 -- Terrorism threats, election year politics, and record-high gas prices could spell disaster for the U.S. Stock Market. Many investors that are hoping to retire within the next 15 to 25 years are seeking better insulated investments for their retirement portfolios. Purchasing tax-defaulted paper for their self-directed retirement accounts is becoming a popular diversification option for Baby Boomers.
County Tax Offices nationwide are reporting record numbers of investors purchasing tax certificates. In the past 5 months, the Tax Lien Certificates Network -- an online resource center, distributed 12 times more lien investing e-books than the company distributed in all of 2003.
Unstable political and economical realities are making traditional securities far less appealing to Baby Boomers." says Marvin Mitchell, the companys president. We must take personal responsibility for securing our future. Therefore, our retirement portfolios must also include investments that remain viable in the face of economic downturns and possible terrorism."
Unlike traditional securities, tax lien certificates are secured with real estate and are guaranteed by state governments. Banks and wealthy individuals have been quietly investing in these instruments for decades. However, the past 10 years has seen an upsurge in the number of middle-class Americans investing in tax-defaulted paper.
To help laypersons learn about real estate secured investments, the Tax Lien Certificates Network maintains a Frequently Ask Questions web page which may be accessed at http://www.tax-lien-certificates.net/faq.asp .
For more information, contact Marvin Mitchell, Tax Lien Certificates Network, at info@tax-lien-certificates.net or (303) 306-7405.
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