Looking for IRA guaranteed interest? You have a number of options that guarantee a return on your investment. The question is this. How much do you want to earn?
As much as you can, of course, but how much can you reasonably expect to earn? That really depends on your investing choices.
Option #1 - Certificates of Deposit
A bank CD offers IRA guaranteed interest for a specific period of time. Currently, the average rate of return on a five-year IRA-CD is 4.01%.
Let's say that you have already started your nest egg and you have 0,000 to invest. Since, your money is protected by the FDIC; you feel it is safe in a bank. So, after five years, you have earned an additional ,000 in interest. What are your other options?
Option #2 - Treasury Notes, Government Bonds
Sadly, the maximum you can earn here is between 2% and 4%. It is IRA guaranteed interest and it is the safest option, since it is backed by the US government. It's just that most people need to earn more, in order to fund their retirement.
Option #3 - Stock Market
Many people end up investing in the stock market, under the recommendation of the company that manages their funds. Advisors and analysts look at historical data that may or may not be relative to you, today. It's all a gamble. There is no IRA guaranteed interest in the stock market, regardless of what the analysts say.
I have talked with several people of retirement age that simply do not afford to stop working. These are not people that failed to plan ahead. They saved and invested. They talk to investment advisors. They had 401Ks and other retirement accounts. But, they all listed to the traditional advice an put their money in the stock market.
By the time that you read this, things may have settled down in that market, but at the time of this writing, the stocks were doing a crazy dance. Last week, there was a historical plunge on Monday, a partial recoup on Tuesday, and on Wednesday it went up and down all day. People worried about their future wealth were biting their fingernails. There is another choice.
Option # 4 - Real Estate
You might not think that the housing market could guarantee a return on your investment. You are probably thinking what if the home value falls. Well, for the sake of argument, let's just look at what you can do in this market.
In the CD example above, you took 0,000 and put it in the bank to earn 4.01% interest. If instead, you had taken the money to buy a house and resold it for a small profit of ,000; you earned 10% interest, more than double. Let's say that you were able to do this three times in a year, the return on your investment would be 30%.
Option #5 The Hidden Real Estate Market
There is also a hidden real estate market the new and seasoned investors are using to quietly rake in substantial gains. It's a way you can buy real estate hassle free, with renters lined up, with guaranteed payments for the first year. While it's not guaranteed interest the returns are fantastic and with relative safety it's worth looking into.
Showing posts with label About. Show all posts
Showing posts with label About. Show all posts
Monday, September 10, 2012
Saturday, June 23, 2012
Need-to-Know Information About Pension Advances
Gathering and reading information on pension advances is an excellent idea if you're considering your cash flow options during retirement. The good news is that this type of financial arrangement can be an incredibly easy process for those who qualify, and the funds are paid in one lump sum so that you can use them on whatever you want or need. The following is a more detailed description of what you need to know if you're thinking of applying for a cash advance on your future retirement fund payments.
Finding Out If You Qualify
It would be a waste of time to research this financial arrangement if you won't even qualify for one, so before you go any further it's essential to find out whether you do. Leading financial institutions such as US Pension Funding typically have requirements similar to these:
You must be currently receiving pension payments.
If you are a military veteran, you must receive payments for at least 6 months before you apply.
You must display a stable credit history.
Owning a home is advantageous, but stable renters also often qualify.
A Chapter 7 Bankruptcy is acceptable as long as it's discharged at the time you apply.
If you have a Chapter 7 Bankruptcy, you may qualify if it was discharged two or more years ago.
Learning More About Your Options
The important thing to remember is that this is an advance; it is not a loan. You are selling an asset in exchange for a lump sum of money that you can use for a variety of purposes. Rather than waiting years to set aside money from your payments each month, you can have the cash you need right now to pay for whatever you want or need.
Just consider some of the following things people use their advances for:
Attorney fees
Credit card debts
Medical bills
Purchasing a new home
Buying a recreational vehicle
Taking a dream vacation
Starting a new business
Taking advantage of investment opportunities
College tuition (for a young loved one or perhaps for that master's degree you've always dreamed of having)
Once you have determined that you will qualify, you will need to figure out how much cash you need now and/or how much of your future payments you will be able to live without. The most common arrangement is a period of eight years. The financial institution that you are dealing with will provide you with a lump sum in an agreed upon amount, probably in the form of a check or electronic deposit, and in exchange, they will receive your payments for the agreed upon time. Once that time period is over, you begin receiving your payments again as usual.
Finding Out If You Qualify
It would be a waste of time to research this financial arrangement if you won't even qualify for one, so before you go any further it's essential to find out whether you do. Leading financial institutions such as US Pension Funding typically have requirements similar to these:
You must be currently receiving pension payments.
If you are a military veteran, you must receive payments for at least 6 months before you apply.
You must display a stable credit history.
Owning a home is advantageous, but stable renters also often qualify.
A Chapter 7 Bankruptcy is acceptable as long as it's discharged at the time you apply.
If you have a Chapter 7 Bankruptcy, you may qualify if it was discharged two or more years ago.
Learning More About Your Options
The important thing to remember is that this is an advance; it is not a loan. You are selling an asset in exchange for a lump sum of money that you can use for a variety of purposes. Rather than waiting years to set aside money from your payments each month, you can have the cash you need right now to pay for whatever you want or need.
Just consider some of the following things people use their advances for:
Attorney fees
Credit card debts
Medical bills
Purchasing a new home
Buying a recreational vehicle
Taking a dream vacation
Starting a new business
Taking advantage of investment opportunities
College tuition (for a young loved one or perhaps for that master's degree you've always dreamed of having)
Once you have determined that you will qualify, you will need to figure out how much cash you need now and/or how much of your future payments you will be able to live without. The most common arrangement is a period of eight years. The financial institution that you are dealing with will provide you with a lump sum in an agreed upon amount, probably in the form of a check or electronic deposit, and in exchange, they will receive your payments for the agreed upon time. Once that time period is over, you begin receiving your payments again as usual.
Wednesday, May 23, 2012
Want To Know More About Bmw Finance And Leasing Deals
BMW cars are popular among folks who like deluxe cars. BMW cars are known for their quality functionality, spectacular fashion and excellent driving feel. Over time, the name BMW has developed into a hallmark of fashion as well as quality. Because BMW is a high-class vehicle company, various folks cannot afford to acquire BMWs despite having a fair month-to-month cash flow. The nice thing is that there are a lot of solutions to get BMW cars. BMW leasing is among the right solutions that help you to get your own ideal BMW automobile.
If you have adequate income each month, then you could get a BMW lease conveniently. By utilizing BMW financing as well as leasing deals, you could get your preferred BMW without putting extra stress on your own month-to-month funds as well as budgets. Obviously, you wouldn't prefer to freeze the income in belongings that are not directly related to your enterprises. A high end automobile like BMW won't be utilized for making money or producing business. Thus, it does not make any good sense to shop for such resources on cash. You could go for vehicle financing choices to get luxury cars like BMW.
The BMW financing process is not difficult. After picking a BMW model, you will need to approach a vehicle financing organization. Your automobile seller can help you find a suitable financing organization. The leasing organization will ask that you submit an application form. You will have to give your personal data as well as specifics about your present job as well as monthly salary. The financing company will review your personal finances based upon this information. If you have a firm, then you'll need to present your financial reports to show your firm credibility.
Once you send the form, the financing organization will take a few days to accept or reject your loan application. Even if a specific financing firm rejects your request, you must be able to find another enterprise that may approve your application on specific conditions. The main point of concern here is your own credit worthiness. If your credit rating is suitable, then you'll not have problems in getting a BMW lease. As soon as your application is approved by a financing business, you could obtain your BMW vehicle in a few days or weeks.
In case you do not wish to buy a new BMW vehicle, then you may look for second hand BMW autos. Investing in a second hand automobile is a viable option if you're trying to save your money in the long term. You can come across quite a few used car suppliers who offer certified pre-owned BMW cars. They can also help you with leasing of your pre-owned BMW.
You should search cautiously whilst interested in a car leasing company. Always choose a financing organization that has a great standing as well as record out there. Go through the small print of the leasing contract before signing the contract. BMW financing can enable you to drive your own ideal automobile in a reasonable manner. Go for the right deals that provide flexibility as well as best payment terms.
If you have adequate income each month, then you could get a BMW lease conveniently. By utilizing BMW financing as well as leasing deals, you could get your preferred BMW without putting extra stress on your own month-to-month funds as well as budgets. Obviously, you wouldn't prefer to freeze the income in belongings that are not directly related to your enterprises. A high end automobile like BMW won't be utilized for making money or producing business. Thus, it does not make any good sense to shop for such resources on cash. You could go for vehicle financing choices to get luxury cars like BMW.
The BMW financing process is not difficult. After picking a BMW model, you will need to approach a vehicle financing organization. Your automobile seller can help you find a suitable financing organization. The leasing organization will ask that you submit an application form. You will have to give your personal data as well as specifics about your present job as well as monthly salary. The financing company will review your personal finances based upon this information. If you have a firm, then you'll need to present your financial reports to show your firm credibility.
Once you send the form, the financing organization will take a few days to accept or reject your loan application. Even if a specific financing firm rejects your request, you must be able to find another enterprise that may approve your application on specific conditions. The main point of concern here is your own credit worthiness. If your credit rating is suitable, then you'll not have problems in getting a BMW lease. As soon as your application is approved by a financing business, you could obtain your BMW vehicle in a few days or weeks.
In case you do not wish to buy a new BMW vehicle, then you may look for second hand BMW autos. Investing in a second hand automobile is a viable option if you're trying to save your money in the long term. You can come across quite a few used car suppliers who offer certified pre-owned BMW cars. They can also help you with leasing of your pre-owned BMW.
You should search cautiously whilst interested in a car leasing company. Always choose a financing organization that has a great standing as well as record out there. Go through the small print of the leasing contract before signing the contract. BMW financing can enable you to drive your own ideal automobile in a reasonable manner. Go for the right deals that provide flexibility as well as best payment terms.
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