In this segment, John Bowens discusses the three most commons myths investors assume about investing in precious metals with a self-directed IRA.
The common myths include:
1. There will be tax penalties for investing in physical metals with a self-directed IRA, Roth IRA, or solo 401(k).
2. I can only rollover and transfer funds to a self-directed account one time a year.
3. I can hold the physical metals in a safety deposit box in my name or at my own physical residence/business address.
Watch how these myths are debunked and how investors can potentially benefit from investing in precious metals such as gold and silver with a self-directed account.
Equity Trust Company is a directed custodian and does not provide tax, legal or investment advice. Any information communicated by Equity Trust Company is for educational purposes only, and should not be construed as tax, legal or investment advice. Whenever making an investment or financial decision, please consult with your tax attorney or financial professional.
8 Laws to Plan Your Wealth to Become and Remain Rich
In Part I of this article, we looked at “WHAT IS THE PSYCHOLOGY OF WEALTH?” With the first 19 of the 48 laws of wealth, you learnt to develop the psychology to achieve the mind-set of a wealthy and successful person and attract great wealth into your life: PART II: HOW DO YOU PLAN YOUR WEALTH? This section of the laws of wealth is designed to help you plan for wealth. Wealthy and successful people leave nothing to chance, they plan meticulously. So must you.
18 Laws to Create Wealth to Make You Become and Remain Rich
PART II of the Laws titled “HOW DO YOU PLAN YOUR WEALTH?” helped you plan for wealth. Part III: HOW DO YOU CREATE YOUR WEALTH? This is a ‘do’s and don’ts’ guide. With many of the basic principles time tested, these laws will teach you how to create and attract wealth using specific strategies and systems that bring results. They are so important that we will dwell a bit more on some of them.
19 Laws of the Psychology of How to Become and Remain Rich
There are laws of wealth that the rich follow to make and keep their money. If you want to be wealthy, you must obey these laws too. This article will look at 19 of them. Part I of this article, made up of 19 laws, will look at the psychology of wealth; part II teaches you how to plan your wealth with 8 laws; part III will use 18 laws to get you to create your wealth; and in the conclusion, made up of 3 laws, you will learn how to keep and share your wealth.
Be Open to Your Magnificence and Use It to Build Prosperity
As a woman in business, your ambition is to achieve prosperity (in any way that you define that). This can only happen if you embrace your true potential; when you are ready to shine with your genuine magnificence for building prosperity.
Pay Yourself Over $10,000 a Year – 8 Tips to Build Your Foundation of Savings for Your Success
Have you saved any money for emergencies? How much have you saved in case you were laid off? Do you compile credit card debt instead of using your savings for emergencies? Do you have a problem with saving money vs. spending it? Have you tried it on your own and not been successful? Do you know there must be a better way? Don’t struggle any longer. Here are your 8 tips to build a solid foundation of savings for your future success.
