Patrick Rice Release Date: 01 Jun 2003 Format: Paperback ISBN: 9780757000942 ISBN-10: 0757000940
For decades, banks and brokerage houses have effectively convinced us that IRA holdings can be invested only in stocks and CDs. Then, with the sharp decline in the stock market, most of us could only stand by and watch as our retirement savings lost their accumulated value. Few knew that there was a viable alternative that offered both safety and growth. That alternative is real estate. That's right. Contrary to what you may have believed it is perfectly legal to hold real estate investments in an IRA account--and to enjoy unprecedented returns. For nearly twenty years, IRA investment expert Patrick W. Rice has taught thousands of men and women his revolutionary strategies for using an IRA to create wealth based on real estate. In his new book, Mr. Rice shares these moneymaking strategies with you. He first teaches you how to turn your IRA into a self-directed account. He then details the many ways in which real estate products can make you rich, from buying rental houses, notes, and foreclosures, to building shopping centers. Mr. Rice offers a wide variety of strategies for both the aggressive investor looking for high returns, and the conservative investor interested in a steady stream of income--all tax-deferred or tax-exempt. Although it may be a little late to avoid the volatility of the stock market, the lesson has been simple: Don't put all your eggs in one basket. Patrick Rice now offers you an entirely new basket--one that holds golden eggs for a bright and rewarding future.
