The Real Estate IRA Is No Longer Your Grandma's Retirement Plan
Released
on: November 9, 2009, 9:23 am
Author:
IRA LLC Partner
Industry: Real Estate
As the stock market reaches its most volatile levels
since the Great Depression, people are looking for alternative ways to
invest their retirement funds. Many investors are discovering the Real
estate IRA as a alternative way to invest their money as the real
estate market at a low now stabilizes in some choice markets.
Austin, Texas Nov 9, 2009 - With the stock market constantly proving itself to be
unstable, investors are turning to another method of investing for their retirement.
Truly Self Directed IRA (www.IRALLCPartner.com) is a company that is providing new
options for investors by giving them safety from the volatile nature of today's
stock market.
While some critics of this type of plan have stated that the market always bounces
back, the current recovery is seen as a reaction to the government stimulus plan
and, therefore, is not sustainable. Investors are now looking for alternatives to
the market and many of these people believe that real estate IRA is the way to go.
Josh Moore of Truly Self Directed IRA states that "there has been a significant
increase in the number of real estate IRA deals being done." This bodes well for
the future of this type of investments, "as many people are now choosing this
method over the stock market," Moore adds.
This is a direct backlash from the amount of money that has been lost in the stock
market over the past couple of years. Individuals have been forced to work well
beyond their perceived retirement date because their retirement funds have been
depleted.
In some cases, these individuals have seen their funds decrease by 50% in a very
short span, which "rarely happens around the median home priced real estate market.
People need a place to live no matter what is happening on Wall Street. Even though
the real estate market did go through some short term problems, it has rebounded in
many parts of the country and has truly stabilized," states Moore.
The Real estate IRA is meant to help people take control of their own destinies by
giving them some control over where their personal investments are placed. "The
days of relying on a big company or a large government pension is no longer a
sustainable strategy for retirees because these program seem to always receive cuts,
especially during and following a recessionary period. Therefore, it is a wise idea
for every investor to evaluate their investment strategy and take personal
responsibility for their own retirement plan.
Moore says, "we are starting to see a trend where younger investors are asking
about the Real Estate IRA. This trend is increasing for a number of reasons:
1. Many are seeking to truly diversify.
2. Many want control over where their retirement funds are invested.
3. Many realize homes will always be in demand.
4. Many of the 30 and 40 somethings realize there is not going to be a safety net
for them like Social Security so they must take the initiative now or face a
substandard lifestyle during their retirement years."
In addition, "many wonder with the current state of the economy and the loses
suffered over the past year whether they will be able to retire," concludes Moore.
For more information on real estate IRA, contact Josh Moore at
http://www.IRALLCPartner.com/ or 877-339-4559.
About Truly Self Directed IRA:
Truly Self Directed IRA is an investment firm that allows all investors to take
funds that they otherwise would have placed into low return investments and place
these investments wherever they see fit. It is advised that these funds are placed
in real estate or development because these investments provide a greater return in
a shorter period of time. Investors have been scared away from the stock market, but
this is a viable alternative for investors of all sizes to look into.
Media Contact Information:
Truly Self Directed
Josh Moore
# 150W, 9600 Great Hills Trail
Austin, TX 78759
877-339-4559
http://www.IRALLCPartner.com