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Indispensable IRA Advice - 5 Surefire Ways to Double Or Even Triple Your IRA Returns

Just imagine if you could double or even triple your IRA returns without any extra work on your part.
Most IRA advice leans towards what benefits your bank the most.
Banks assign investment advisers to manage your account and they in turn choose investment venues that most often benefit them more than they benefit you.
Furthermore, they are notorious for keeping most of the profits and giving account owners only a portion.
In order to avoid this and many other problems, follow these 5 tips and watch the money start rolling in.
1.
Rollover to a Roth IRA if you don't already have one.
Roth IRA accounts are the most tax-beneficial because the contributions are taxed but once the money is in your account it never gets taxed again.
On the other hand with traditional IRA services, you are taxed when you withdraw the money and most likely at higher rates.
2.
Another important piece of IRA advice is to rollover to a self-directed account.
Self-directed IRA accounts offer more flexibility and investment options.
You can invest in venues like brokerages, real estate, stocks, mortgages, franchises, partnerships, and private equity, to name a few and by doing so you increase your opportunities to make higher returns.
There are no fees incurred when you roll over to a self-directed IRA account.
3.
Self-directed accounts require no more work on your part than traditional IRA services.
All you have to do is find a company that is set up to help you self-direct your account and manage your investments.
There are companies out there that will charge minimal fees to provide you with an account trustee or custodian who will listen to your wants and act accordingly.
You won't be left making tough decisions on your own but you will ultimately be in control of your account.
Furthermore, these companies can guarantee to double your returns or pay the difference.
4.
The best piece of IRA advice you will hear when it comes to self-directing your account is to focus on real estate investment.
Real estate is a lucrative, stable, and untapped market.
Real estate is a tangible asset that tends to go up in value over time and it is insured against many forms of loss.
In our unstable economy, stocks are a risky investment since unlike real estate they fluctuate in value every minute of the day.
5.
Instead of opting for traditional IRA services from financial institutions, you should look for a company that will help you manage your account with your best interest in mind.
Socially responsible investing helps create a win-win situation for everyone involved.
For example, there are companies that buy neglected homes in urban areas, renovate them, and resell them to working-class families.
They then pass on a big chunk of the profits to investors, who can in turn make bigger returns while at the same time helping the underprivileged.
So there you have it.
The best IRA advice you will ever hear is that you need to fly your own flag.
Don't let banks use your investments to their benefit.
We've all seen and heard about the losses many people have incurred during this economic crisis because they relied on banks to manage their investments.
Roll over your assets into a self-directed IRA so you can make higher returns and lend others a helping hand at the same time.
By doing so, you can secure a more comfortable retirement for you and for your family, in spite of the odds.

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