With a self-directed IRA with checkbook control, the owner has complete signing authority over his/her retirement funds. No more going through an administrator to fund investments. This type of control offers greater investment freedom, allowing the...
During the 2012 elections, one of the revelations that came out about Republican candidate Mitt Romney’s finances was that his self-directed IRA was worth up to $100m. With current annual contribution limits of $5,500 for those younger than 50 and...
To significantly grow wealth, it doesn’t hurt to learn from those who are good at it, more specifically looking at the investing habits of those with a good track record of growing their wealth. And university endowments have been some of the most...
The Great Recession officially lasted from December 2007 to June 2009 and had immediate and lasting negative financial impact on households and the broader markets. The economy bottomed out, crushing the real estate and stock markets, destroying...
During the real estate boom ten years ago, much was made of all the seemingly new millionaires being made every day. Then when it all came crashing down in 2008, these millionaires were wiped out overnight. What happened? Being a millionaire...
On this episode of The Impatient Investor, Andrew talks about why you should not wait for the markets to settle down to move forward with investing. Instead, it would be wise to turn your attention to investing in multifamily housing, which is...
On this episode of The Impatient Investor, Andrew discusses why the latest boost in the stock market doesn’t make sense, why it’s happening and why it is best to turn away from Wall Street and to invest in private markets. Enjoy...
On this episode of The Impatient Investor, Andrew talks about the problem with liquidity. Andrew argues that the ability to weather the ups and downs of a broader market is essential to cultivating the fruits of one’s investment endeavors...
On this episode of The Impatient Investor, Andrew discusses why people should not rely on the so-called investing gurus, who claim to be able to read market indicators. The only market indicators you should rely on are the ones that have proven to...
On this episode of The Impatient Investor, Andrew talks about staying ahead of inflation in order to profit from commercial real estate. Those who stay ahead of the curve and invest before an inflation spike will be able to take advantage of higher...