In your search for the perfect piece of “paradise” what makes the search easier? How do you get a feel for the country? The people and the culture? Can you overcome the language barrier? Are there incentives for expats to move to this country? Is Belize the right place? Or is Nicaragua the paradise you’re looking for?
Some developers are offering “fly-n-buy programs, some offer tours or discovery packages and still others will provide you with the wine-n-dine level with a personal site visit. The long and short of it is that there is no better way to make a decision than to go visit; and these tours are very rarely like the high-pressure time share 90 minute tour that everyone dreads!
A few of the developers I work with here at SkipJack offer some very cool ways to see and feel the country in which they are located. For example, Orchid Bay in Belize has a very cool trip for 3 days at an unbelievable price that includes your hotel and meals…all you have to do is get there…they even pick you up at the airport. Obviously, you will have the opportunity to tour the property, but they also do a beach cookout and a river trip to see some of the ancient Maya ruins.
In Nicaragua, Seaside Mariana offers discovery packages, but in December they are hosting a 4 day event in Managua that will cover every aspect of living, moving, or investing in real estate on the Pacific coastline of Nicaragua.
Going directly across the Caribbean Sea to the wonderful country of The Dominican Republic, Cristal Beach Resort (a 5 star condominium/hotel development) they offer the traditional fly-n-buy program and will rebate your airfare up to $1,000 when you decide to buy there.
All in all, each of these programs will enable you to go see the country and get a good feel for the country, the culture and the development before you buy. Generally, these trips are dirt cheap as well…there are two other options…sign up for any one of these upcoming webinars to get a good preliminary idea online…and the other is to use SkipJack’s private scouting service.
Live webinar Wednesday October 28th at 1 PM EST together with The Entrust office in Tampa Bay
Register here at Live and Invest in Nicaragua
Live webinar Wednesday November 4th at noon EST together with The Entrust Group in the Mid-Atlantic region…register here at Live and Invest in Nicaragua
Insider’s Tour on site at Orchid Bay, Belize-Learn more here
-November 6-8, 2009
-November 20-22, 2009
-December 11-13- 2009
-January 22-24, 2010
Nicaraguan Abundance: Live, Invest, Grow-Learn more here
-December 3-6, 2009
-Only $295 per person
-On site in Nicaragua at the Hilton Princess Hotel in Managua
As always, hit ‘em straight! At least get out there and hit ‘em (like I do)
SkipJack
Monday, October 26, 2009
Monday, October 5, 2009
Why Do Investors Sit Tight in IRA/401(k)s?
I recently read an article at WSJ.com with the above mentioned title on a LinkedIn discussion. A gentleman by the name of Brad Versteegh, who is the COO and GM at Daylight Capital responded with the following:
"The devil you know vs the devil you don't....
So many would rather see their investments die a slow and painful death than try something new that they don't understand. I do not profess to be an expert in all financial matters, but I find myself amazed at the general ignorance of the masses. Especially as it refers to "self directing" anything. They are so used to simply getting a monthly or quarterly statement and complaining about the loss or minimal gains. Even when you explain to them how Self Direction works and that you can help them navigate those waters, they would still rather sit there insecure, scared and uncomfortable than to do anything differently.
I am bewildered almost daily....."
I could not have said it any better Brad! Even when having discussions "beer talk" discussions, it seems that people just don't get the concept of taking control of their retirement planning...even my own brother-in-law, who is a business consultant with a very large firm and is very intelligent and knowledgeable, in general, was not aware of the ability individuals have to "self-direct" their retirement accounts.
Now...I will allow for some companies which simply do not allow an employee to roll-over their 401k accounts to a SDIRA until after they have left the company...and some SEP plans which were written originally by the officers (but probably at the recommendation of the financial adviser who was holding and managing the funds)so as to prevent any self-direction...hmmm...wonder why?
Having said all of that, my recommendation is to check to see if you can...indeed...roll it over into a self-directed IRA and take control of your retirement! If you simply leave it alone...how long do you think it will take to recoup the losses you have experienced over the last year and a half?
Here is a link to a webinar which was presented last week by Orchid Bay in Belize which is an outstanding real estate investment opportunity, and by Entrust Northeast, which is one of about 60 offices throughout the country which specializes in the administration of SDIRAs (self-directed IRAs)
Thank you...and thank you to Brad for letting me quote him! He didn't even ask for a plug...Daylight Capital...can you believe that?
Hey...I've said it before and I'm sure I'll say it again...if you're gonna hit 'em...
Hit 'em straight!
SkipJack
Subscribe to:
Posts (Atom)