It's time to put the 'individual' back into Individual Retirement Accounts with the Financial Success Institute's Self Directed IRA
Fairfax, VA (PRWEB) December 03, 2011
The Financial Success Institute announced a new Self Directed IRA for investors frustrated losing money in the stock market or earning next to nothing in savings accounts. Once they know about the Self Directed IRA, investors are expected to understand they don't need to be handcuffed to Wall Street loses any longer. There are thousands of other investment opportunities where investors reliably earn a fair return using the Self Directed IRA.
The Wall Street carnage never stops. So long as Americans allow self-serving third parties' access to their retirement funds, they will continue losing money. The Financial Success Institute's Self Directed IRA is a solution delivering full control of their retirement funds to independent thinking investors.
Richard Geller, CEO and Managing Director of the Institute, says "It's time to put the 'individual' back into Individual Retirement Accounts with the Financial Success Institute's Self Directed IRA. Much to the surprise of even some sophisticated investors, the U.S. Congress placed almost no restrictions on IRAs when they were created in 1974. There's certainly no requirement that IRAs be managed by a firm only offering Wall Street financial products. When you take control with a Self Directed IRA, your investment options become boundless."
Geller wants investors informed, "Congress placed only three restrictions on what we can invest retirement accounts in. You cannot invest in collectibles like rare wines, no life insurance policies, and no self-dealing between the IRA and the IRA owner. That means a highly effective way to break out of the money losing Wall Street alternative is with a Self Directed IRA."
Richard Geller makes a strong point when he states, "The right way to invest your IRA is not to turn it over to Merrill Lynch or that nice broker who is always calling you. That will lead you to lose money in the stock market. The right way is by converting your account to a Self Directed IRA that you invest in highly reliable assets like real estate and notes paying 8% to 12% fully secured."
Geller goes onto to point out another reason for a Self Directed IRA is "The decade long Wall Street losing streak will continue well into the future. As the 77 million Baby Boomers grow older, they will take their money OUT of the stock market. That makes stocks fall. The only hope for investors is alternative investing with Self Directed IRA accounts."
A Financial Success Institute Self Directed IRA gives you full control of your retirement financial future. A Self Directed IRA doesn't mean real estate is your only other option. Investors buy and hold gold inside a Self Directed IRA. You can buy an operating fishing charter company run by your Self Directed IRA. With a Self Directed IRA, you can invest in a small or medium sized natural gas exploration company. The Financial Success Institute Self Directed IRA creates endless choices.
Geller further informs investors, "A Self Directed IRA has the same tax advantages as a Wall Street controlled account. Earnings are tax deferred until you begin making withdrawals after age 59 1/2. Normally, when entering retirement in a lower tax bracket. This means earnings from your Self Directed IRA are not diminished by capital gain or other taxes. You compound those tax savings into a Self Directed IRA account providing the life you want during your retirement years."
While the Self Directed IRA is far superior to traditional Wall Street invested accounts, there are even better options such as the Checkbook Retirement Plan Solo 401K.
People frustrated losing money for more than a decade in the stock market will find leading and responsible alternative wealth building resources at: http://www.FinancialSuccessInstitute.org