Some people love annuities. In fact, over 90% of people who own an annuity still have their first one. However, there is the camp that hates annuities with a burning passion and who will give you a number of reasons why you should avoid owning one. There are generally two ways that people come to own annuities. The first is outright buying annuities — usually to help manage money in retirement. The second is as the result of a personal injury case — settlement annuity payments are usually used and encouraged since they are tax sheltered. Here are a few of th
Archive for November, 2014
When you’re trying to grow a small business, you’ll find there are many different projects you’d like to partake in, but as a small business owner, you simply don’t have the money. Small business working capital can be hard to come by, because even if you’re business is doing well, that usually means it’s staying afloat, not necessarily that there’s tons of money left over for extra projects.
However, the only way you can grow and improve your business is by putting money into it. Whether it’s a new product line, or a new location, or a new advertising push, all these options cost money, but where is that money going to come from?
Well, if you’
Every working American dreams of retiring eventually, and one of the most common ways that people prepare for it is by opening an individual retirement account (IRA). About half of elderly Americans are considered to be economically vulnerable, so making sure that you’re getting the most out of your IRA is essential. People usually do this by investing, but even with self directed IRAs and self directed IRA lending, the rules are pretty strict. Here are a couple of things you probably didn’t think you could invest in with your IRA.
1. Gold Coins
One of the things that people assume that they can’t invest in using their IRA is coins, since more often than not they are seen a