IRA Resources
Investment thoughts - Videos

60 Minutes - The 401k Fallout; 4/19/09

Not happy with the performance of your employer 401(k) plan lately? Who is? What can you do about it? Well, you can take a close look at the investment choices your 401(k) plan offers and modify those allocation percentages. You can go to a very safe, low return investment like a money market fund. Or you can decide not to contribute any more (probably not a wise decision).

Watch this 4/19/09 60 Minutes episode that outlines some of the little known problems with the 401(k) industry (fees and mediocre money managers) and how it effects 401(k) plan participants.

But keep in mind, there may be something you can do. If you're not happy with your employer's 401(k) plan, give me a call and let's see if there is anything that can be done to change your situation. (The video starts after a short commercial)

Jon Stewart - The Daily Show

Jon Stewart has an incredible knack for comically pointing out inconsistencies between what journalists and media members report and what the general public perceives as reality.

Watch this 3/13/09 clip of Stewart's interview with Jim Cramer of CNBC's popular investment TV show Mad Money and you might develop a different opinion of the investment "advice" coming from some of Wall Street's popular financial gurus.

The Daily Show With Jon StewartM - Th 11p / 10c
Jim Cramer Unedited Interview Pt. 2
Daily Show
Full Episodes
Economic CrisisPolitical Humor

Peter Schiff - videos from 2006 - 2008

Peter Schiff is the President of Euro Pacific Capital, a broker/dealer recognized for its expertise in foreign markets and securities. Always controversial because of his "non-traditional" Wall Street views, he has been very much spot-on with his predictions about the economy the last few years.

Watch this YouTube clip as he takes on these so-called "Wall Street experts" (listen carefully to their predictions about the economy in 2006-2008).

Documents and Reference

Introductory manual
Here is an introduction to an extensive manual that we have written on what you can or can't do with your IRA money.

Swanson V. Commissioner
Interested in moving half a million dollars into your IRA in a very short time frame? Here's a court case that allowed one person to do exactly that, and the IRS was even forced to pay over $50,000 in attorney's fees for challenging him.

DOL Interpretive Ruling 2000-10A
Want to enter into a partnership with your IRA money and children? Here's a ruling from the Department of Labor saying if you do things right this could be possible.

Ancira V. Comminsioner
Want to invest in private companies with your IRA money but are worried about following all the intricate steps? Here's a case where everything was done wrong, but the court still allowed an IRA to invest in a private company without any tax consequences.

DOL Advisory Opinion 88-18A
Here's a ruling where an IRA owner had his IRA make a loan to a corporation owned 47% by him. Sure beats dealing with a bank.

Private Letter Ruling 8604089
Want to start building up a real estate empire? This ruling from the IRS shows how you can structure real estate deals in your IRA.

IRS Field Service Advisory 200128011
How about having your IRA own a business with the kids' IRAs? This advisory letter from the IRS approved exactly that.

IRS attack on Abusive Roth IRA Transactions
It seems that the IRS is starting to believe that the Roth IRA is too good to be true. To that end they released this notice saying they believe that certain transactions between a Roth IRA and related parties will be considered as Tax Shelters.

IRA Comparison Chart - Download