Bellevue, WA (PRWEB) December 1, 2007
Guidant Financial Group, a leading provider of self-directed IRAs and IRA/401(k) business-funding solutions, has posted a record quarter, noting a 42 percent increase over third-quarter earnings from 2006.
Guidant President and CEO David Nilssen attributes much of the company's growth to the public's increased focus on their future financial security. Stock market volatility, the credit crises, and fears of Social Security's future continue to motivate many Americans to look more closely at their retirement savings.
"People are looking for ways to secure or grow their [IRAs and 401(k)s]," says Nilssen. "When they really explore their options, they soon discover there are actually a surprising number of investments they can make with that money. For example, we offer self-directed structures that enable account holders to finance a business or invest in real estate. We also provide plans that simply allow an individual more control over their investments."
Nilssen explains that one factor drawing more people to self-directed retirement plans is that they give investors the ability to benefit from almost any type of market environment. When the real estate market is hot, self-directed IRA holders can profit from domestic real estate, raw land and flipping properties. Conversely, when the housing market is not seeing as much appreciation and/or interest rates rise, investment opportunities in the foreclosure and pre-foreclosure market, foreign real estate and hard-money lending increase.
"Another factor," continues Nilssen, "is that laid-off workers and baby boomers unprepared financially for retirement are looking for ways to go into business for themselves." Nilssen reports that many of Guidant's clients have jumped from the corporate world into self-employment by using their retirement funds to purchase a business as a tax-deferred investment held within their retirement account.
"Guidant has shown consistent growth since its inception," adds Nilssen, "but we tend to see the largest spikes when there has been a market shift that encourages investors to take more control of their financial situation. The increasing awareness of such plans, along with more media coverage on the financial industry, has created a perfect environment in which Guidant can flourish."
About Guidant Financial Group
Guidant Financial Group is the premier provider of self-directed IRAs and business-funding solutions through IRAs and 401(k)s. Guidant's services allow investors the freedom to make investments in real estate, franchises, businesses, tax liens and more by accessing their retirement accounts without penalty before retirement age. For more information on Self-directed IRAs or Business Financing please visit http://www.guidantfinancial.com.
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