Do you know about - Retire Rich By Investing In Fine Art
Mortgage Interest Rates Today! Again, for I know. Ready to share new things that are useful. You and your friends.With so many Americans maxed out on credit, and a description amount of bankruptcies, how can whatever expect to reach withdrawal safely in the many country in the world?
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Today's global economy is more reputation driven to the point that the follow has been disastrous for the Middle Class.
Americans owe more money than ever before with household debt growing to over 90% of each year disposable income.
Consumer delinquency rates and foreclosures have reached epic proportions. Many households do not have any sort of withdrawal assets or crisis funds to weather the Financial Storm we now find ourselves in.
How did we ever get into this mess in the first place, and what exactly can the mean house do to gain operate of their financial life in the midst of all this turmoil?
The easy riposte would be to go to cash! However, then what?
There is a solution to this problem, any way first we need to understand how reputation has been used and abused.
For as long as we can remember, investing in real estate was determined to be a good use of credit. Why? With as wee as 3% down on the purchase price on your home, you were able to leverage your investment 30:1. The interest you paid on your mortgage was tax deductible as the value of your house continued to grow. As long as the shop kept rising, your equity accumulated tax free with Uncle Sam becoming your partner and subsidizing your investment.
That model, known as the American Dream worked for 68% of the population. It was also very good for the country, as home possession became one of the main engines that drove the Us economy.
The Wall road Cowboys and their self-serving friends in Washington kept encouraging us to "Trade Up." Risk is a four letter word, but not with these guys. As home values continued to climb, it seemed like the party would never end. Furthermore, we were told to load up on stocks, bonds and mutual funds in our 401 K's and Ira's which along with our real estate investment would fund our retirement. The accepted reasoning then was, once the kids left home, we would retire in dignity somewhere warm, and enjoy our golden years. "Freedom 55"
However, that's not what happened! Instead, the American Dream has turned into a bad dream except in this case, we are not dreaming! In fact, we are for real drowning in debt!
If we look back over the last 20 years, Us homeowners have enjoyed the benefits of easy credit. any way it did not take long before use turned to abuse. As house values kept increasing, Americans were able to use their homes like an Atm machine. They naturally would go down to their local bank and take out a home equity loan.
At the same time, the financial markets were on fire with technology stocks prominent the way. That is, until some Internet fellowships with zero wage trading in the stratosphere began to implode.
Once the Dot Com Bubble burst, and the Nasdaq lost half of its value, the Wall road Cowboys, with the blessing of the Sec and Congress, turned their attentiveness to the real estate market. Their insatiable greed drove them to found new products known as sup-prime mortgages.
Their reasoning was that if 68% of the population could own a home, why couldn't whatever else as long as they had a job? It didn't matter what their reputation score was or either they could afford the down payment. The banks or mortgage fellowships would make sure these first time buyers would get to own a home. As a result, these unsuspecting first time home buyers had no way of knowing that the trap had been set for them with adjustable rate mortgages (Arm'S).
This story is still unfolding with roughly 3 million foreclosures and 4.7 million jobs lost on Main Street.
Sadly withdrawal accounts will be among the many casualties in the wake of this financial meltdown. Since the summer of 2007, withdrawal funds have lost roughly trillion in value. Individually the mean withdrawal account has lost tens of thousands of dollars.
Retirement and Estate planning models will need to be re-engineered to safe individuals against erosive troops of taxes, inflation and vaporing markets.
The good news is there is a way out of this mess.
The path to financial and personal free time can be a rocky one at best. Building wealth is huge responsibility, if done right, it is a tremendous achievement. However, you can't get there without a plan.
In order to originate wealth so you can enjoy your retirement, it is principal to get your taxes down to the legal limit.
However, to do that, you need a sound strategy. And what strategy is that you ask? Have you been following what has been going on in the Fine Art shop lately?
Did you know Fine art is one of the safest investments in history in increasing to being one of the best tax advantaged vehicles there is. Is it any wonder that the Rich and supreme have been leveraging the Art shop for generations?
Why Fine Art?
Investment experts have long recommended briefcase diversification, and that 15-20% of these investments be devoted to tangible assets such as Fine Art.
In today's political and economic environment, here are just four reasons why you briefcase should include this asset class:
Fine Art offers outstanding price appreciation and profit potential.
Fine Art has been a safe haven in times of war, political strife and uncertainty.
Fine Art has been a solid hedge against a declining Us dollar.
Fine Art is an perfect vehicle to sacrifice your taxes.
You now have a plan to get to a safe harbor and safe your withdrawal nest egg using the same tax laws as the Rich and Famous. The only ask on your mind should be "How do I get started in the Fine Art Market?"
That is a great question. My suggestion is to do your due diligence and seek all the data that is ready on this subject.
Good luck in taking operate of your withdrawal nest egg.
Carpe diem,
William Powell
Founder and Managing Director
Pia - Partners in Art
Ps. The content of this description was inspired by a extra description you can have for free at the link listed in the reserved supply box below.
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