Self Direct IRA Investing: Prosper With IOUs
Website design By BotEap.comInvesting in retirement notes can be an important tool in your retirement planning. Investments in notes have been around for a long, long time. In fact, investing in notes existed long before banks were invented.
Website design By BotEap.comBefore banks were invented, if a trader or farmer wanted to sell his asset or product, he had to be paid in full in cash, or the buyer had to pay with a combination of cash and the buyer’s promise to pay. the balance afterwards. Before banks were invented, private merchants, private farmers, and private investors accepted promissory notes in payment for assets.
Website design By BotEap.comToday, banks handle most of the promissory note business. But they don’t handle it all, they don’t handle it 100%. Private party notes are still used in specific business and financial transactions. Some examples of private party note financing that are commonly used today are:
- a house transaction
- A farm or ranch transaction
- A sale of a business transaction
- A Divorce Property Agreement
- A dissolution of partnership ownership
- How much cash do you have now to invest in retirement?
- How much cash will you have in the future to invest in retirement?
- When will future cash be available to invest in retirement?
- Do you have a target amount of retirement income?
- Do you want to be an active investor or a passive investor?
- Want to get involved in investment classes and training?
- How much risk and volatility are you comfortable with?
- Do you want to invest alone or with one or more partners?
- Do you have investment experience?