Silence Dogood asked:


Retirement dreams may evaporate for homeowners who follow conventional investment guidance.

Many news outlets provide tons of financial information. The media presents a constant stream of information related to money and finance. It seems that all manner of economic terminology dominates the news. You also hear of investment strategies involving stocks, bonds, fixed income securities, indexes, and even commodities. A TV commercial invites viewers to “experience the excitement of Forex trading”. If you don’t know what that means, it’s about venturing in foreign currencies.

Years ago, the term “trading” did not mean investing. Nevertheless it has become common in the language of investment advice.

To grow your money, is it possible to “trade” your way to wealth? Can you really “trade” to reach retirement? You’re invited to try trading platforms and strategies, and for those who are given to gambling, this must sound exciting. But if you’re a ordinary working person, a person who wants to save up a comfortable nest egg for the future and be able to retire. The lure of gambling-type excitement, as opposed to the drab aspect of saving for retirement, puffed up by sly media promotions (some featuring attractive spokesmodels), sends a hidden implication that attaining wealth is exciting, trouble-free, and feasible using your home computer.

Does this seem rational? One way to see if it works is to open a brokerage account and start trading. Or, if you already have a brokerage account, just go at it. One security in particular makes trading easy - S&P Index Futures. You may be wondering why is this easy? Simply because it eliminates all the tedious research necessary for choosing stocks. S&P Futures are highly liquid, fast-moving, and mirror the entire market. They move either up or down. There’s no guesswork about which stock to select, and you can make money if it moves up or down. You’re invited to come back when your money is gone.

Oh, you’re back? You’ve probably discovered what so many others have: that practically no one can trade their way to retirement. Ask someone you know who may have tried it. Read up on it on the internet. Whatever you do, don’t listen to distortions of easy gains that are touted by those looking to take your money. You’ll find these assertions are from people who profit from your gullibility. They are people and businesses who foster the trading “habit” by providing either a trading platform or “education” to “help you make better trades”. Do you notice something strange? These people don’t do any trading themselves, they encourage trading to other folks. It’s very important to realize that in the real world where money is made and lost, the smart money types don’t gamble their money, and trading is a BIG risk.

Now you see that people whose businesses promote securities trading don’t really trade. Their money is earned from other people’s trading activity. Typically, a trader makes many trades every day, and initiates many buy and sell orders. The smart money knows this, and use this information by facilitating trading websites, promoting their use by hyping the “excitement” or “easy money” of trading to an unsuspecting public, and then charging a fee for each buy or sell order that a trader executes via the platform.

Therefore, the true professionals don’t take on risk. They don’t trade unless they have inside information that guarantees they’ll make a profit. Unlike their message to the unwary, they realize it’s almost hopeless to retire through trading, and that it will most assuredly prevent most people from retiring, because they will lose money. Smart money avoids risk, but instead profits by promoting the risk-taking of others. Their business eliminates uncertainty, with no adverse risk-taking that inevitably leads to trading losses. The bottom line is, if you make or lose money, the smart money makes money, and without assuming any risk whatsoever.

Amazingly, you can make a great deal of money while avoiding risk. If you have a mortgage, that’s your largest risk. Reduce it with a mortgage accelerator like the one at http://wp.me/pGeF0-o . You’ll have a secure future with enough money for a satisfying retirement.



OWEN

Rodney G asked:


I am interested in using my retirement funds to purchase a new beach property while prices are down and I believe that within 10 years that investment will be much better than stocks bonds etc.
I was told by another person not on this forum that the funds could be transferred into a “profit sharing plan” and from there could be invested in whatever manner the manager sees fit. The plan would be a corporation and as long as the manager (me) did not use the property for other personal things and any rents were paid directly to the plan that this would be a qualified investment> any thoughts?

VANCE

Nadeem M asked:


When someone dies, leaving an estate to their beneficiary, it could include stocks, bonds, investment accounts, retirements, real property, etc.

I believe everything under $2 million passes to the heirs without any tax obligation. (Is this correct?)

My question is about the tax-deferred retirement accounts (non-ROTH) that collect ordinary income tax when you draw the funds. Would this tax be required from the heirs?

Thanks.

PURVIS