It sometimes takes a couple or 3 or 4 years to really work through the kinks to get a successful online information marketing business up and running and making the money you need to retire rich that will sustain you over time.
Why would someone lend you private money? Well, look at the alternatives. If you have an associate who is keeping $100,000 in a bank account, cd, or retirement plan, chances are he or she is only earning 2-4% on their money. But if they would be willing to bank and the First national What Is Motor Club Of America of You, you could pay a return of 6-8% on their money, backed by real estate, and give them an increase on their return of 150 – 400%!
This three day event draws many of the country’s best jazz artists. Eighteen different acts will be performing this year over three days. The Kemah Boardwalk on any sunny day is fun in and of itself featuring an amusement park ten different restaurants shops and even a hotel National Wealth Center on site.
Big business including big Wall Street firms as well as the oil companies and the huge box stores like Walmart have never had it so good! Exxon Mobile just came out with their quarterly statement and they made more than 10 BILLION in profit in just this quarter and they are up over 40% from last year and yet because they are a petroleum company they are entitled to tax breaks. And CEO’s nationwide think nothing of granting themselves 7 million dollar bonuses while entire neighborhoods in major cities are being abandoned and the rate of the homeless and the unemployed is sky rocketing!
When a self-directed IRA custodian allows real estate, you have the advantage of investing in a largely untapped market that continues to grow, despite the housing surplus. It’s a market that your new IRA real estate custodian may be unaware of.
First, check-out the FDIC#. established on March 5, 1849. That is old. They were originally The Detroit Bank and Trust company. They switched their name in 1982 to Comerica Bank-detroit (Yes, with a little “d”). They gulped down just about every bank in Michigan. In 1991, they removed “-detroit”. They continued gobbling up banks in MI,CA, FL, and TX. Finally, in 2007 Comerica Bank moved to TX. They are big, about $67.6 Billion, but they aren’t native to TX. They have 1.00% APY for up to 1Y and a 2.00$ APY for a 2-year CD to 10-year CD. They were profitable for the year though. That is rare these days.
That means investors and traders may be positioning portfolios for a rebound on Monday’s opening. More than likely consumer-related cyclicals will take center stage – these might include some select retailers, and lodging and hotel companies for example. It is no real surprise though that this recovery and market action may rely on consumers meaning consumer spending coupled with Federal Reserve action. We all certainly know that we can’t spend any money if the money supply is too tight.