"Indexed universal life insurance (IUL) has its' share of detractors. However, for some people it may be a powerful tool in protecting and growing their wealth." George Politarhos By George Politarhos Patria Wealth Group I'll be the first to admit, indexed universal life insurance isn't for everyone. Depending on your financial situation, goals, and risk [...]
re: What's the difference between qualified and non-qualified plans? By Sean Sparkman Like it or not, the IRS is most definitely a stakeholder in your retirement planning. That's because many of your accounts come with highly-attractive tax benefits. As you probably already know, the government never gives anyone anything that doesn't have a long [...]
By John Berlet As a seasoned multifamily syndicator, I am sometimes asked whether 1031 exchanges continue to be investors' preferred tax deferral strategy. My answer is it depends. Since becoming involved in Qualified Opportunity Zone programs (QOZs), I have realized that QOZs provide a potentially more attractive alternative to 1031 exchanges. Both QOZs and 1031s [...]
By John Berlet It may not seem fair, but not everyone is allowed to make any investment they want. Exotic "alternative" investments, such as start-up companies and hedge funds, are exempt from many rules and regulations protecting ordinary investors. In 2020, The Securities and Exchange Commission (SEC) updated qualification standards in Rules 506(b) and 506(c) [...]
“There is a plethora of companies, products, and services focused on helping us reduce anxiety by filling in the blanks of our future lives. But what if uncertainty is sometimes a good thing?”- Debra May By Debra May Biology created a human brain exceptionally resistant to, and fearful of, uncertainty. When you watch the [...]
"I am not a lawyer and I don't play one on TV. If you are thinking about making any legal or financial decisions, you should ALWAYS consult a qualified attorney and your personal financial advisor. Having expert advice will help you avoid making mistakes from which you can't recover." George Politarhos. By George Politarhos As [...]
"Suze Orman says that a reverse mortgage can indeed be a viable way to generate income. However, it's essential to understand that after you take out a reverse mortgage, you will still be responsible for paying maintenance costs, property taxes, and homeowners' insurance premiums."- Larry Speir By Larry Speir A type of home loan [...]
The latest Safe Space Podcast looks behind the scenes at popular investor, presenter, and Youtube Personality "The Economic Ninja." Ninja's 212,000 plus subscribers are proof positive that people are craving the truth when it comes current events. Ninja's SoCal "bro" vibe, along with his experience as a seasoned investor and entrepreneur make him an interesting, [...]
Is there truly an "ideal" retirement age? "Retiring at age 65 is not, like gravity, an immutable law of the universe." Donna McElroy By Donna McElroy Have you heard... There were three wise men in the Bible? If you drop a penny from a skyscraper, you could kill someone? A pinch of salt in the [...]
Are we in a real estate bubble right now, a bubble that is bound to burst? If real estate implodes, what will that mean for our barely alive economy? If you own a home is NOW the time to sell it? Is it a good idea to BUY right now, or will patience will pay [...]
By Donna McElroy Barring potentially unpopular reforms to Social Security and changes to the ways Americans save, most seniors risk running out of money early during their retirement years. There are numerous proposals to expand retirement savings, and some states have implemented automatic-IRA systems for private-sector workers. Still, the politicization of retirement [...]
"You've beaten the odds and managed to save a substantial amount of cash. Congratulations! But now you need to know how to keep taxes from eating it up." Andrew Winnett By Andrew Winnett If you're like most people, you have focused a great deal of time and effort on putting as much [...]
