11 min listen
Trump vs Hillary (1 of 3) – the IMPACT for Self-Directed Investors – RISE Act
FromSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's
Trump vs Hillary (1 of 3) – the IMPACT for Self-Directed Investors – RISE Act
FromSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's
ratings:
Length:
8 minutes
Released:
Nov 7, 2016
Format:
Podcast episode
Description
You’re a self-directed investor. Do you think that there’s no difference between a vote for Trump and a vote for Hillary? Think again, my friends. A new legislative proposal is out that directly attacks self-directed IRA’s specifically, and this leads to the CLEAR and RATIONAL conclusion that the difference between the candidates is huge. I’m Bryan Ellis. I’ll spell it out in CRYSTAL CLEAR LANGUAGE RIGHT NOW in Episode #229. ------ Hello SDI Nation, welcome to the podcast of record where we help you to declare independence from Wall Street and build a financial legacy for future generations. Today I’ll do that by helping you to understand what’s at stake in the upcoming presidential election that’s directly relevant to YOU as a self-directed investor. Just a heads up… in today’s show, you’re going to hear me refer to today’s show notes page a few times. That page is SDIRadio.com/229 and it’s got some really important, profoundly relevant things for you. So when you hear me refer to today’s show notes page, know that I’m referring to SDIRadio.com/229. First – folks, you’ve doubtlessly heard of my friends over at Fund & Grow. These guys are absolute magicians when it comes to helping their clients acquire zero-interest lines of credit… lines of credit that are essentially just signature loans, not even secured by real estate or anything else. Think about that, folks… what if you could finance that real estate deal using a zero percent interest loan? It’s a game changer, and that’s exactly what my friends Ari and Mike over at Fund & Grow do. I say they’re magicians, but in truth, they just follow a great, great process that’s very reliable. For people with decent credit or better, it’s totally achievable to reach $250,000 in zero-interest credit… and my friends, they’ve actually generated over $2.9 million worth of that type of credit for your fellow listeners just this year alone. So my recommendation? Check them out, and do it now… at SDIRadio.com/credit. Again, that’s SDIRadio.com/credit. You’ll be glad you did. My friends, have you heard of the poorly named Retirement Improvements and Savings Enhancements Act of 2016 – aka the RISE Act proposal? Probably not… but as a self-directed investor, it’s HUGELY relevant to you, because it’s an all-out attempt to gut your rights to use a self-directed IRA in the ways that work best. I’ll tell you specifically how in just a minute, but you really need to understand the background. During the presidential battle of 2012, Mitt Romney made the shocking revelation that he owned an IRA worth as much as $102 MILLION. When I heard that, I thought WOW! I want to be like him when I grow up! But when certain people in Congress heard about it, all they could see was “THE RICH GET RICHER” and “THAT’S UNFAIR” and “he couldn’t do that legally”. All of these things are, of course, just the typical babblings of intellectually dishonest politicians who – let’s be honest – don’t give one little damn self directed IRA’s or about you. What they do care about is appearing to their constituents – at least half of whom are below the average national income – that “I’m on your side and I’ll punish those rich guys who are getting rich at your expense.” It’s absolute garbage… it’s simple-minded reasoning for simple-minded constituents who have been trained by government schools, the media and our self-obsessed culture that success should be attacked rather than emulated. If you agree with that – that success should be attacked rather than emulated – then you should stop listening to this show right now, because I’m not interested in having you as a listener. But if you understand, you agree that success is laudable, good and praiseworthy, and you agree that success leaves clues that the rest of us can follow, then listen on as I explain how we got to the threat of the RISE act that we face today. One particularly class envy-oriented senator, Ron Wyden, Democrat from Oregon, appears to h
Released:
Nov 7, 2016
Format:
Podcast episode
Titles in the series (100)
The GRAVEST RISK to your Self-Directed IRA | Episode #5: SelfDirected.org/5 Prohibited Transactions frequently lead to the loss of half – or even all – of the host Self-Directed IRA Bryan’s definition of Prohibited Transaction: A prohibited transaction happens when the money... by Self Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's