Cranford, New Jersey 3/17/2009 12:35:38 AM
News / Business

Self Directed IRA

We Can Fix The Economy Ourselves!

The engine of growth must start with job creation. Since 3 million + layoffs are predicated to continue through 2009, where are all the jobs to come from? President Obama’s government bailout stimulus programs will help many, but that can’t be the only answer. Additional jobs must come from very sensible source, ourselves! What we need to do is educate the 40 million families that have Individual Retirement Accounts throughout America to think for themselves and Self Direct 33% to 50 % of their portfolio into whatever investments they feel will produce positive results. Currently less than 5% of all IRA accounts are self directed.

If the 50% of remaining value of the IRA funds left in the Stock Market remain stuck there, it may take a generation to gain back value that has been lost in the last 2 years. The old adage of what “goes up must come down” needs to be revised to say how much faster the down is than the up. To mitigate the loss as quickly as possible, there has to be a new idea and a new plan. There is estimated to be 15 trillion dollars currently invested in IRA accounts. If the 40 million account holders would invest between $5 trillion to $7.5 trillion in self directed IRA investments, how many million jobs could be created? I bet some great mathematical minds could calculate that answer to be several million new jobs.

By simply moving a passive, negative investment to  active, positive earning investments the American economy, (the leader of the global economy) would have a smiley face in as little as 6 months time frame.

Self directed IRA investments will put people to work in thousands of businesses and real estate ventures. I grew up in the investment real estate business knowing that more wealth has been created in this country by owning all types of real estate, even more than any other asset class. The reason to buy or invest in single family homes or investment property now is because these prices are the lowest prices in a lifetime. The average price correction around the country is a 25%-30% drop in value. If you can qualify for a loan, do your part to help the economy and buy a home to live in, or buy two to make money as a cash flowing investment. Let’s see how fast a sunny disposition returns to your mental state.

Pensco Trust Company is a leader of self directed IRA accounts and educating the public about the regulations of investing in self directed IRA businesses. The recently completed Pensco Trust Company symposium held in NYC, on March 5th and 6th , charged the attendees to make good use of the “pearls of wisdom” describing  the self directed IRA world and apply the knowledge practically. I’ve taken Pensco’s founder Tom Anderson’s message to heart in my website selfdirectirainfo.com. Please log on to learn about how these investments can start to motivate and educate millions of investors to move our economy forward.

 

Stuart Falkin
selfdirectirainfo.com
Pensco P2 Professional