SAFELY PROTECT YOUR HOME BASED DREAM OF RETIRING
WEALTHY!
by: dr. scott brown, ph.d.
the simple retirement account is awesome if you
OWN YOUR OWN BUSINESS. ANY FAMILY BUSINESS
applies such as a home based or "brick and
mortar" real estate rental and investment
BUSINESS, CAR-WASH, GAS STATION, RESTAURANT,
etcetera, can sponsor the simple ira. like the
sep-ira, the simple ira is company-sponsored. as
A SMALL BUSINESS OWNER, FOR 2003 FOR INSTANCE
you could have matched each employee's pay up to
3 percent or $8,000, whichever is less.
THAT ADDS UP TO A LOT OF MONEY WHEN IT IS A
profitable business and family members are
employees. simple ira contributions are fully
DEDUCTIBLE WHEN YOU PUT THE MONEY IN THE ACCOUNT
but you will have to pay taxes on any profits
you make on the stock when you retire. in
ADDITION TO A SIMPLE IRA ACCOUNTS, INDIVIDUALS
and home based small businesses have an
additional option to sock away money toward
FUTURE RETIREMENT EDUCATIONAL NEEDS THROUGH
educational iras.
small businesses, which cannot afford to sponsor
A 401(K) OR 403(B), CAN ALSO OFFER EMPLOYEES
basic retirement plans established for the
benefit of their employees. sole proprietors
ALSO NOW ALSO CAN OPEN INDIVIDUAL 401(K) PLANS.
examine the options and pick the one that
maximizes your long-range savings goal. and
DON'T WAIT. TAKE ADVANTAGE OF COMPOUND EARNINGS
and start socking away cash now for tomorrow.
ABOUT THE AUTHOR:
about the author: dr. scott brown, ph.d., a.k.a.
"the wallet doctor", is a successful futures
TRADER, REAL ESTATE INVESTOR, AND STOCK
investor. dr. brown holds a ph.d. in finance
from the university of south carolina and a
MASTER IN INTERNATIONAL MANAGEMENT FROM THE
prestigious american graduate school of
international business a.k.a. thunderbird. his
1998 ARTICLES IN TECHNICAL ANALYSIS OF STOCKS
and commodities were prophetic in predicting an
impending stock market crash. he has helped many
PEOPLE BECOME PROFITABLE INVESTORS TEACHING THEM
to look out over many years to spot stocks that
are low and primed for rise in the new bull
MARKET. HIS SECOND ARTICLE MET WITH APPROVAL BY
dr. bob shiller of yale university. dr. shiller
is the economist that alan greenspan most highly
REGARDS WHO COINED THE TERM "IRRATIONAL
exuberance." in 1998 he was shouting out to the
world to "get out" of the stock market but now
HE IS SHOUTING TO EVERYONE THAT IT IS TIME TO
"get in!" the wallet doctor is not only sought
after for investment advice and coaching in
STOCK INVESTING BUT ALSO IN FUTURES TRADING AND
real estate investing. he also teaches investing
in spanish and portuguese. for more information
VISIT DR. BROWN'S SITE AT WWW.BONANZABASE.COM
[2]or sign up for his investment tips at
www.walletdoctor.com [3]
circulated by article emporium [4]
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Sunday, September 27, 2009
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