Part 7: Investment Vehicles

If you are a loyal reader of my blogs then you know that I talk about many types of investments. For retirement, you should rely on the following items;

1.     IRS Laws governing taxes for such accounts as SEP, IRAs, 401K and 403b plans and Keogh

     2.       Brokerage, Insurance, and Banking Rules for Retirement Accounts with tax exemptions or deductions

     3.       The Investment Vehicles or securities purchased for such accounts.

By following the rules, you can accumulate cash quickly for retirement.   We are going to concentrate on investing as cheap as we can without hurting safety.  Keep in mind, higher returns usually means higher risks. If you are young, taking big risk to make big gains may be” OK” because you have years to recover if you guess incorrectly. But you may not want to take big risks when you are near retirement.  You may not have time to recover before you start taking retirement withdraws.

Be aware of anyone who claims that they can sell you an investment vehicle that offers great returns without great risks.  That is your first clue that it is a scam. These scam artists can be as famous and rich as Burney Madoff who took rich and power people for billions of dollars. Financial firms can have newspaper articles written about them as financial saviors in national and local newspapers or TV shows.  But they can be as wrong and as bad for you as any poison.  Here is why you must know as much about the investment that you are about to discuss as your experts. When you meet with them, don’t be afraid to ask questions. Don’t judge a person by how smooth they talk. Remember, anyone can claim to be a financial consultant or investment counselor. That does not mean that they know what they are talking about. 

Remember to monitor your investments. Ask tough questions and insist on speedy and satisfactory answers. Make sure you get regular written and oral reports. Look for signs of excessive or unauthorized trading of your money when you receive financial statements.   If you do see something that is unusual ask questions. If you don’t like the answers, report your suspicions to the authorities.

www.sec.gov

The Securities and Exchange Commission (SEC) Web site offers a menu of online “Investor Information” topics for consumer reference.  If you have any complaints, contact the SEC.

A Special Note for all my reader’s around the world!  

Hi my loyal readers around the world. I just finished making my final plans of my life. I will be retiring in a few short years and moving into my luxury retirement home. I will spend most of my time getting my seven year old grandson ready for the 2028 Olympics. I have no idea what my younger grandson is going to do. As of now, I would say it has something to do with electrical engineering because at 1 years old, he knew how to operate an IPad. But whatever it is, I will be around to lend assistance to his education.


My plans also involves my readers. I am starting an online stock club design to give my loyal readers as much as one million dollars, maybe more depending on when you start my plans. That money will be to remember me by.


Please read the blog below and follow my instructions if you want a chance to get one million dollars.

http://bondinvestments.blogspot.com/2012/06/how-would-you-like-to-have-over-one.html

The younger you are; 35 and below, the greater the chance of getting over one million dollars. If you are starting at 60 years old, chances are you will only make it to $100,000.



I started out at age 23 and spent a lot of time laid off and giving money away to my children for cars. I bought 3 homes. One home was paid off in full. The other I bought in a partnership paid in cash. All my cars since 1971 were the current year and I have not had a car note since 1983. I even gave two girlfriends a car each. That is why I don’t have a million dollars today. But if you become one of my “Greedy Friends” I am sure with my instructions, you can get that million.