The Interest for Mexican Beachfront Property Skyrockets With The Use Of An IRA
Released on = July 12, 2007, 10:11 am
Press Release Author = David Crenshaw
Industry = Real Estate
Press Release Summary = Modern IRA holders are discovering an effective means of managing their future earnings through a self-directed IRA. This group of motivated investors has the greatest amount of investment capital and real world experience to make their investments work for them. Self-directed IRAs are helping many of these investors find a lucrative return in Puerto Vallarta real estate.
Press Release Body = Puerto Vallarta, Mexico, July 13, 2007 -Many 21st century IRA holders are looking to take control or truly diversify their investment possibilities in an Individual Retirement Account (IRA). Why should an IRA holder be just limited to stocks, mutual funds or bonds when available opportunities are much broader in scope? IRA investments make it possible for baby boomers to invest in foreign real estate making Puerto Vallarta real estate a property 'boom' for boomers.
Prime Puerto Vallarta Real Estate (www.PrimePuertoVallartaRealEstate.com) is an investment strategist's clearinghouse where you can find online answers to redirecting an IRA account from a traditional or Roth IRA to a truly self-directed account allowing for diversity in IRA investing. That diversity includes the purchase of beachfront property in Puerto Vallarta, Mexico.
The U.S. Census and Federal Reserve developed some telling statistics.
78 million Americans who were 50 or older as of 2001 controlled 67% of the country's wealth, or $28 trillion.
Households headed by someone in the 55-to-64 age group had a median net worth of $112,048 in 2000 - 15 times the $7,240 reported for the under-35-age group.
Within five years, about a third, of the population is going to be at least 50 years old. (Source: U.S.Census and Federal Reserve)
Noted physicist Albert Einstein is purported to have said, "The most powerful force in the universe is compound interest." Compound interest is the force behind a self-directed IRA. In essence the proceeds from your investment can be reinvested so your original investment can grow even faster in a self-directed IRA than in other more traditional investment strategies.
Puerto Vallarta Beachfront Interest
Tax sheltered IRA's have already proven a worth nearly double that of investments that are made post-tax. While the subject of a self-directed IRA may be new to many, a quick online search yields informative articles from Forbes and BusinessWeek among others.
The basis for a self-directed IRA purchase of foreign investments may seem unique, but the strategists at PrimePuertoVallartaRealEstate.com (www.PrimePuertoVallartaRealEstate.com) are discovering that this form if IRA is coming into its own. American property investors are using their funds to purchase property in a market that continues to show upward mobility.
David Crenshaw is the Director, US Marketing and Investor Relations for PrimePuertoVallartaRealEstate.com (www.PrimePuertoVallartaRealEstate.com). David's award winning investment strategies have helped to finalize millions of dollars in property acquisitions each year. Regarding the potential boom in ocean front property in Puerto Vallarta. David Crenshaw has assisted many in developing a strategy to grow their retirement portfolio, which prompted him to say; "Each and every client comes to us with a different set of circumstances and funding options. Our professionals will assist you in finding the best investment plan for you. The Riviera Nayarit formally known as the Mexican Gold Coast is just beginning its rise to popularity, offering a low investment entry point. You won't need a million dollars to invest, even the most modest funds can be put to work to grow on the Mexican Coastline."
Web Site = http://www.PrimePuertoVallartaRealEstate.com
Contact Details = David Crenshaw fund Vallarta Investments Telephone Number 877-387-3468 Email Address: David@ppvre.com