The essential factor for success with self-directed IRAs and alternative investments is to invest in what the investor knows, within the realm of his or her own comfort zone.
Largo, Florida (PRWEB) October 25, 2013
Since their creation, stock options all over the world have experienced tremendous success as well as epic failures. But, through it all, investments in stock have remained staple assets investors include in their retirement portfolios. However, investors have learned that diversity is a key component to successful retirement plans. “These investors have discovered the self-directed IRA and the vast amount of alternative investments these retirement plans offer to help build wealth toward retirement on a tax-free or tax-deferred basis,” says Jack Callahan, Managing Partner of Advanta IRA Services.
The list of alternative investments is quite lengthy and includes real estate, mortgage notes, tax certificates and liens, precious metals, LLCs, private placements, foreign currency exchange, futures trading, accounts receivable, oil and gas options and much, much more. In fact, alternative investments are so plentiful that instead of listing them all, the IRS created a short list of investments not allowed in a self-directed IRA: collectibles and life insurance policies.
It is not uncommon for individuals to feel some trepidation about trying something new, such as exchanging mutual funds for a piece of real estate or a private placement within an IRA. With that in mind, Advanta IRA Services of Largo, Florida is hosting a seminar to discuss the various types of investments clients have made with IRA accounts and the benefits that can come with these alternative investments. This seminar also covers disqualified persons, the potential pitfalls of investing, and give some examples of transactions that Advanta IRA’s clients have made. Additionally, Advanta IRA will explore how an IRA can be the borrower on a transaction and how leveraging an IRA is not as scary as it seems.
“The essential factor for success with self-directed IRAs and alternative investments is to invest in what the investor knows, within the realm of his or her own comfort zone,” says Callahan.
Event: Seminar – Do Not Be Scared of Alternative Investments
Date: October 30, 2013
Time: 6:15 – 7:30pm
Location: Advanta IRA Services, 13191 Starkey Road, Suite 9, Largo, FL 33773
Cost: No charge.
Register: By contacting Scott Maurer by phone at (727) 581-9853 x 1123, or by emailing smaurer(at)advantairagroup(dot)com.
About Advanta IRA
Advanta IRA Services, located in Largo, Florida, has been in operation for over 8 years, providing administrative service to owners of self-directed IRAs throughout the Tampa Bay and Sarasota, Florida regions. Advanta IRA Administration offers a second location serving the Atlanta, Georgia area and surrounding regions. Both offices are managed by Jack Callahan, J.D., CFP™. Advanta IRA offers classes, seminars and other educational tools designed to assist clients in managing self-directed IRAs by investing in real estate, notes, private placements and other non-traditional assets that have the potential to maximize IRA earnings on a tax-free or tax-deferred basis.
About Jack Callahan
Jack M. Callahan, J.D., CFP™, is the managing partner at Advanta IRA Services in Largo, FL and Advanta IRA Administration in Atlanta, GA. Jack established the corporate office, Advanta IRA Services, in 2003. Prior to that, Jack delivered specialized counsel to real estate investors, small business owners and real estate professionals on tax, legal and financial matters. As an industry expert, Jack is a frequent speaker on the topic of self-directed retirement plans and an accredited continuing education instructor for the Florida and Georgia Bar Associations, Florida and Georgia Real Estate Commissions, and The American Institute of Certified Public Accountants. He earned his bachelor of science degree in finance and multinational business from Florida State University and his law degree from the University of Florida College of Law.