500 Grand$ and you are set for Life.

[Owen` 2]

MrStein, I have a sense here that there may not be common calibration in what's being discussed. Much of what you're saying seems to be pointed at accumulating big money.

 

Cd"s are instruments for folks who never want to get to second base, Nice idea Owen has but you will never reach any type of True money.

 

See, that comment is somewhat contradictory to the title of the thread. The idea of CD laddering is for people who are already on 3rd base (the brits have no idea what we're talking about). If you already have a nestegg that you're pretty sure is going to last the rest of your life, and do so providing a very comfortable lifestyle, why take risks?

 

Maturity laddering is what one does to maximize the fixed income niche of an overall asset allocated portfolio. It is not the path to riches. It is a strategy pursued by someone who already has some riches, wants to divide them up and place them in different categories (and risks) of investment, and maximize each one.

 

The BMs here either retired or longing to retire in LOS either have a nestegg to fund it or a reliable pension that will carry them for many years (or both, with the nest egg making up an expected shortfall in pension). The point of these money threads is to . . . hell, I don't know the point. I was going to say to keep guys from thinking that they have enough when they don't -- but frankly the other side of that coin is just as bad.

 

If a guy misreads the numbers in the other direction, then there he is miserable in his home country for far more years than he needs to be. Years needlessly miserable are a bad thing.

 

So, I guess what we all seek is the right point when it can be done. Not too much, not too little.

[bob2005 0]

Appreciate the explanations for Brits!

 

Laddering can get some of the higher longterm rates, but of course if expenditure exceeds income the capital will reduce.

[Owen` 2]

Ha. First base, 2nd base, 3rd base . . . baseball.

 

The runner starts at "home". He hits a ball. If it is not caught and he can run to first base (90 feet away) before the ball gets thrown to a guy "guarding" that base, then he has "made it to first base" . . . having hit a single.

 

If another batter behind him now also hits "safely" that runner on first base will advance to 2nd or 3rd base. His final goal is to return to "home" and doing so scores a run and he is done and goes and sits down for a while.

 

So getting to 2nd base means you've made good progress. Getting to 3rd base means you've made a lot of progress and are almost home.

[BillWilson 10]

FWW

I am an Estate Planner in Southern Cal

 

I am convervative in my approach to my clients

i have been singing a 4-6% return on fixed investments for 10 years

i have an expanding client base

 

6 months ago a client came in, long story short, had 2 mil in TD's

claimed getting 12-14%

 

after 6 months of research, i am liquidating my own holdings and buying TD's

i get to drive to the property, walk the neigborhood and inspect the loan docs...BEFORE i purchase

 

my mix is 50% 3 year notes, the balance shorter notes

ALL with high LTV

 

oh, btw, they are owned by my company that pays me a salary and bonus and expenses and i will have a less than 10% net tax

 

do the homework, NO ONE can watch your $$$ like you can

 

 

if you dont want to do the work, live on 5%

 

JMHO

[mrstein 0]

This is true .......

 

However thru my own investagations I have found a few solid 1st trust deed companies that are very reliable and you can watch your money at any given time if so be,,Not to mention the loan is handled thru escrow via a servicing company such as a weststar or such.

 

Muncipal bonds that are double AA paper can give you solid 8% returns also.

 

Its all about the base points and tax bracket .........

 

To make 12% annually is great however if your tax bracket is upper to low 30% it could hurt bad .....

 

I would suggest setting up an LLC and running your money thru that instrument as tax liabailty would be much less.

 

Mrstein

[AZZZEY68 0]

Bought 2 apartments in UK income 800 pounds a month from them buy to let mort 433 a month twomore deals like this its wheels up at 39 years old me retired.I think you need 1000 pounds a month income to live the dream.........................

[thescorpioman1 0]

Caveat Emptor!

 

The Las Vegas Review Journal ran a series of stories in, I believe, last Sunday's edition outlining all of the problems with "trust deed" companies. In fact, one of the bigger ones in Las Vegas, USA Capital is in big trouble and I believe may have filed Bankruptcy.

 

A lot of people were interviewed for the various articles and indicated how they have lost a major portion of their life savings.

 

Read the articles at www.lvrj.com and get informed. Remember, your investment is only as good as the security and over-appraised property can have devestating effects even if you have the legal right to foreclose on the property since their may not be enough money to pay the investors.

[mrstein 0]

That is 100% true........

 

However if you read the entire article you will find that there are many companies that have had Above board levels of On time payments for years.

 

USA Cap was offering way out of contol rates upwards of 17-19% not to mentions the loans were never serviced by a third party not to mention they would not pay you out on time unless you requested writing 30 days before the trust deed closed.

 

Also the orignal partners would take in all the monies owed and reinvest it in personal loans that they had NO business doing.

 

In other words the investors jumped in on the GREED factor and Got stung.

 

Just for the record most if not all of the investors monies are still there and are being handled now by a BK judge.

 

12% and under you usually can be somewhat safe Over that and problems can come.

 

YOU forget to metnion to the board how the mortage company has been doing 1 st trust deeds since 1968 with NO Problems are all ????

 

T

[mrstein 0]

That is 100% true........

 

However if you read the entire article you will find that there are many companies that have had Above board levels of On time payments for years.

 

USA Cap was offering way out of contol rates upwards of 17-19% all the time in the paper not to mention the loans were never serviced by a third party not to mention they would not pay you out on time unless you requested writing 30 days before the trust deed closed.

 

Also the orignal partners would take in all the monies owed and reinvest it in personal loans that they had NO business doing.

 

In other words the investors jumped in on the GREED factor and Got stung.

 

Just for the record most if not all of the investors monies are still there and are being handled now by a BK judge.

 

12% and under you usually can be somewhat safe Over that and problems can come.

 

YOU forget to metnion to the board how the mortage company has been doing 1 st trust deeds since 1968 with NO Problems are all ????

 

That company is Allstate mortage Perfect track record 100%%%%

 

In any area of investment Anything can GO wrong at any time

 

Did you forget the Tech market ?????????

 

Article was written on Sunday july 16 2006 if anyone wants to read it .... http://www.reviewjournal.com/lvrj_home/200...ws/8270213.html

 

Enjoy the link Everyone.........

 

Mrstein