Are you frustrated with the performance of your investment portfolio? Are you enraged every quarter as you read your financial report, only to find that your investment dollars decreased in value again?
What are the best Roth IRA investments in these troubled times?
You are not alone. In fact, more and more investors are scratching their heads, wondering what they are doing wrong. Leaving your money in the hands of the local investment broker may be the worst thing that you can do.
Many of these so-called investment specialists are nothing more than a kid with a degree and very little experience in the real world. Others who have had a great track record in the past, are experiencing problems with their investment tactics that worked in the past. Now in these troubled times, their old tactics aren’t working anymore.
The old investments may not be the best Roth IRA investments.
As you know if you are a Roth IRA investor, you have certain limits as to how much money you can invest per year. These limits are dictated by circumstances such as how much you make per year and whether you are married and filing jointly. The good part is that the taxes are paid up front, so when you draw on these funds at retirement age, you won’t have any tax liability.
That is not the focus of this article.
I want to focus on he best Roth IRA investments, so you can take charge of how fast your Roth IRA grows. You don’t have to wait for what I call “Ifcome”. In other words, if the markets go in my favor, the income will be there.
I want to instead talk about “income”, and investments that come with a calculated income and risk.
I’m talking about one of the best Roth IRA Investments, Real Estate.
I’m sure you are thinking “I didn’t even know that I could invest IRA money in Real Estate!”
It is easy to understand why the custodian of your Roth IRA never mentioned it. That’s because if you take your business elsewhere, he can’t make any more money from managing your account.
When I found out about the best Roth IRA investments (Real Estate), I asked my custodian if they could invest my money in real estate. He said that they didn’t do any investing like that. But since I knew that he owned quite a bit of real estate himself, it wasn’t hard to guess where he was investing his money.
When I told him that I wanted to use my Roth to buy real estate, he told me I would have to roll the money into a self directed IRA. He was actually quite nice about it. I suspect he knew that I had stumbled upon one of the best Roth IRA investments available.
I did some research and found some companies that dealt with self directed IRAs. In talking to them, I realized that my IRA could purchase most any kind of real estate. The property would be owned by the IRA. Any income or profit that was made from owning the property would go back to the IRA fund. Any costs from owning the property would be funded by the IRA.
No out of pocket expense and a hassle free way to buy a property, since no banks are involved.
There are even turnkey properties available that are totally rehabbed and rented. Property managers take care of the day to day tasks of being a landlord, so this becomes a nice passive income if purchased for the right price.
Thus, the best Roth IRA investments may be right in your backyard. Real estate has made many millionaires, and will make many, many more.
So there you have it, some of the best Roth IRA investments are available in the world of real estate. This is a buyers market, so there are more deals available now than ever before, so you can start to see your investment dollars grow.
Memphis Buy And Hold is specializing in locating, purchasing, renovating and managing single-family and multi-unit properties and possesses from 2007 up to the present of experience in real estate investing and property management in the Memphis and Nashville markets.
- Memphis Property Management
- Memphis Turnkey Investment Properties
- DCC Rentals LLC