Jim Hitt, CEO of American IRA-A National Self-Directed IRA Services Company, Comments On The May 22nd Article "Raymond James' Adams Sees Danger Signs for US Stocks"
Charlotte, NC (PRWEB) May 30, 2015 -- Jim Hitt said "When I read the Raymond James' Adams Sees Danger Signs for US Stocks article published on May 22, 2015, I knew it was time to remind everyone how important it is to diversify their assets." Jim's always been an advocate of Self-Directed IRAs because they allow for tax advantaged diversification.
The article goes on to state "...trading volume is thin, slumping to its second lowest reading of the year that day." Jim hopes that is due partly because people are getting the message and diversifying their investments in other asset types. For instance, Self-Directed IRA account holders can invest in a variety of assets including: real estate, private loans, precious metals, and so much more.
A further point this article makes is "The S&P 500 is headed for an earnings gain of only 0.1 percent for the first quarter, analysts estimate, according to FactSet. And the economy grew only 0.2 percent in the first quarter." The thing about these statistics is that they echo the need for diversification. While the economy grew very little in the first quarter, there are some asset types that seem to do well even in a slow economy. One group that grew despite the economic downturn is the rental market. In fact, the Joint Center for Housing Studies of Harvard University released a report "America’s Rental Housing Evolving Markets and Needs" in 2013 stating "The recent economic turmoil underscored the many advantages of renting and raised the barriers to homeownership, sparking a surge in demand that has buoyed rental markets across the country."
Jim Hitt says in closing "While I am confident that diversification of assets is what everyone needs to do. I don't want investors to run out and invest in assets that they know nothing about. It is critical that they invest in assets they understand and that they consult with professionals to ensure they are performing the proper due diligence to allow them to make wise decisions."
About American IRA, LLC:
American IRA is committed to providing every client with gold-level service, regardless of account size. Experience their expertise through their certified IRA services professionals. Enjoy the value with one low annual fee of $285 with unlimited assets and unlimited account values. American IRA clients love the benefit of no charge for "All Cash" accounts. The performance of the American IRA staff is unmatched, with quick and efficient processing within 48 hours.
American IRA services thousands of clients and has over $300 million in assets under administration.
American IRA was built by investors for investors, and brings their successful investment experience to the table, providing excellent educational material showing the public that their self-directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.
American IRA is conveniently located in Asheville, NC and Charlotte, NC, and serves clients nationwide.
Sean McKay, American IRA, LLC, http://www.americanira.com, +1 (828) 257-4949, [email protected]
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