Comment on Use Your IRA to Buy Real Estate by Route To Retire.
I haven’t dug into this that much except to know that it’s not that uncommon for people to do. I have a good size 401(k) but since I’m still working with the company it’s under, I can’t roll it over and have any fun with it! 🙂
I do have a Roth IRA, but since it’s only around $30k, I can only go so far with it if I wanted to invest in real estate. I do have one REIT in the Roth in it, but other than that, it’s mostly growth and dividend stocks.
If you do go the route of buying real estate through your IRA, please make sure to share – would love to hear about it!
Recent Comments by Route To Retire
Is Amazon Delivery Experiencing Challenges?
Wow, we haven’t had problems like that so far **knock on wood**. Everything’s been showing up on time and the delivery notifications have all been good. That’s sucks to hear since it sounds like you’re as big of an Amazon fan as I am! 🙂
I’m with you though – I always order things well in advance of Christmas just to make sure there’s some time in case any problems creep up.
Mailing List Pains – Is it Time for a Paid Solution?
I have a lot of friends that think blogging is just writing and want to get rolling with it. Nobody realizes just how much work maintaining the actual site is, especially if you want things to work in a particular way. I probably have an upper-hand over a lot of people since I work in IT and can do a lot of things that newbies might have a harder time figuring out, but either way, it’s a ton of work. Kudos to you, me, and everyone else who puts in the time and effort on these sites! 🙂
I don’t have an opportunity to post as often as you right now, so I’m still doing things the way you are working to get off of. I use MailChimp for my signups and use their RSS feed emails. However, I do my emails as a weekly newsletter, so the timing isn’t as big of a problem for me.
Good luck on finding the right solutions! WordPress plugins might be the greatest invention in the world! 🙂
100 Posts and Counting – Financial Slacker Update
Nice job on the 100th post! I always enjoy reading what you have to say!
Visualizing Our National Debt
Good videos and it just makes me nauseous. And it’s probably the same for most of us in the personal finance realm who are dead-set against debt to being with.
We’re on the same page when talking about the problem of lack of financial education in the schools. It’s a tough lesson that many of us (including myself) had to learn the hard way. When I was stupid(er) back in college, that lack of financial understanding put me around $27k in credit card debt. It was a waste then and then caused me to waste years paying it off when I could have been saving and letting compounding work its magic.
Now that I’m getting closer to FI, I try to spread the knowledge (as you do) to try to make sure others don’t go down that same path.
Getting Promoted is Better than Getting a Raise
It’s funny you posted this… I’m in a pretty unique position at my job where I report only to the owner and none of the people that I manage are likely suitable replacements. Being in this position has definitely given me a clear advantage for yearly raises. In fact, I’ve been thinking recently that I am going to try to leverage this over the next year or so to increase my pay even more.
So yes, I definitely agree with you that promotions make you more valuable to your company. And generally the pay will then follow and increase more than it would without the promotion.