Investing 102

[GregWeld]

Originally Posted by Vegas69

What do you guys think about converting my SEP IRA over to a direct type and investing in property. My ROI analysis on a single family has me realizing 20-25% on my initial investment in the first year and it increases as principal reduction increases. Of course rental amount decline will offset to some extent in the future.

How does the current stock market level compare to highs in history? Is the market to high for the economy?

#1 Todd -- talk with someone qualified to answer your question -- I'm almost positive that PROPERTY is not allowed in a SEP/IRA/401 investment vehicle.

I own part of an apartment building in GWEN'S IRA -- and only because it is a partnership and LLC... and it's been absolute HELL to have it in there. Most institutions won't hold "private paper".... and because it's not a qualified investment - we have to file income taxes on it every year - and the taxes have to be paid out of the IRA -- and try to get that done... it's just a total PITA. To the point that last tax filing season I had a discussion with my accountant about just "buying the investment outta there"! Turns out - that can't be done either...


RE: Market question


There is no way anyone can answer a question like that... it's just GUESSING. And or "market timing" - which doesn't work. The market - like housing - just goes up over TIME.... You'll never get in at the right time. The minute you're in the little man in wall street takes everything you bought straight down.