Personal Finance

Self directed investing can be risky but many traders find it to be very rewarding as well. The proliferation of the Internet and other forms of communications technology has made it easier than ever to engage in this practice. There are many ways to approach this increasingly popular form of trading, but curious investors should review the advantages and disadvantages of investing without the guidance of a broker. It is also necessary to have achieved a certain level of investment sophistication to make this a worthwhile endeavor. What Is Self Directed Investing About? The average, non-institutional investor makes his or …

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Self Directed IRAs allow the account owner to make all of their own investment decisions. Regulations for self directed IRA’s require that a custodian or qualified trustee holds the IRA assets, keep records pertaining to the IRA transactions, file IRS reports and send statements to the account owner.  With recent declines of the stock market, many investors are considering using self directed IRA’s to invest into alternative type investments.   But many are still confused on the rules and what you’re really allowed to invest into.   Here’s a closer look on the rules of investing into self directed IRA’s. What Can …

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Dividends are an essential part of a Boomer’s income stream in retirement.  Unfortunately, many stocks that used to pay handsome dividends have either dropped significantly or have been eliminated all together.  One solution as an alternative is investing into preferred stocks.   What exactly are preferred stocks?  Preferred stock are typically considered to be “hybrid” investments.   No, we’re not talking about a more fuel efficient stock.  Hybrid in that they have characteristics of stocks and bonds.   Let’s look at what the pros and cons of preferred stock. Preferred Stocks and Dividends As the “preferred” adjective implies, these shares are a step …

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