Don and I went on a 5 day Cruise a few years ago with 150 of the country’s top real estate investors who are almost all experts in utilizing their Self Directed IRA. This trip was packed with people doing all sorts of real estate deals, but we learned early on that we needed to find the Old Dogs as they had this real estate business figured out. Not to say the young pups didn’t have a lot to contribute. Most of these people had the same techniques as the older folks, but they had added technology to the mix to make the work involved easier and faster. So to whet your appetite, let me tell you one story we learned over drinks, not in the presentation portion of the cruise. This is something that every American needs to know and understand – you need to know it and understand it and then Page 15
teach it to everyone you know. The power of the Roth IRA and having Tax Free Income for Life after the age of 59 ½. So here is Awesome Trick #1 . . . . $10,000 Tax Free Income Monthly. One person on the cruise of a certain unknown age told us that he had started a Self-Directed Roth IRA and put in his initial contribution, invested that initial contribution over and over and over, never adding another contribution to it and today, he can pull out $10,000 a month from the Roth IRA without paying any taxes. And past the initial contribution, he had not put in any more contributions. So let’s look at this. I don’t know exactly what his initial contribution to his Roth IRA was, but be it $100 or $3,000, really
does not matter. What you need to know is that he earned this money, paid taxes on it and contributed it to his Roth IRA. Next he started using some of the techniques we talked of on the cruise and grew that initial investment over the year. How many years? Again is really in-material as one transaction in the Roth IRA could earn $10,000 for one deal and others that earned $100,000 for a deal. The point being, that he kept investing that first investment over and over to grow his Roth Nest Egg and continues to invest it today and gets the same returns today on a transaction that could be $100 return or $100,000 return. So from some of the example transactions we saw on the cruise let’s see how YOU could go open a Self-Directed Roth IRA with say Grow Your Business
