Self Directed IRA Account A self directed IRA account is for investors who are familiar with high-yield trading and don't mind making monetary decisions. Not many people travel by bus these days, but an old bus company advertising slogan used to suggest to travelers to, "Leave the driving to us." But an investor who holds a self directed IRA account wants to take the steering … [Read more...]
Writing Covered Calls for IRA’s
Writing Cvered Calls for IRA's The investors who look for a low-risk alternative to increase their investment returns should be considering writing covered calls on the stock they have in IRAs. This conservative approach to trading options can produce additional revenue, regardless of whether the stock price rises or falls, as long as the proper adjustments are … [Read more...]
Tax Advantages of an Individual Savings Account (ISA)
Tax Advantages of an Individual Savings Account (ISA) The successor to the TESSA, the ISA (or individual savings account) provides a government regulated savings scheme for encouraging individuals to save rather than spend as a means of economic and financial control. By encouraging saving in the economy, inflation can be kept at a sustainable and manageable level, … [Read more...]
What Is a Retirement Fund?
Retirement is a time of relaxation and enjoyment can be an exciting new adventure--or a time of great anxiety. How you prepare for life after work will have a lot to do with how you spend your golden years, so it is important to plan your retirement carefully. Below are few options that one can opt for , for living their life after retirement just like a king size : Defined … [Read more...]
How to Choose An IRA?
Choosing an IRA(Individual Retirement Account) can turn out to be an important part of your financial future. IRA's can be complicated though so you need to decide what type of IRA is right for you. This article will guide you on how to choose an IRA. The first step to choosing an IRA is to examine your finances and to calculate how much income you will be making 20 years … [Read more...]