Author: Nicholas Tan
Let’s start by taking a look at the retirement plan offered by your company. Once upon a time, these plans were quite sound. However, after the Enron upset and all that followed, people aren’t as secure in their company retirement plans anymore. If you choose not to invest in your company’s retirement plan, you do have other options.

First, you can invest in stocks, bonds, mutual funds, certificates of deposit, and money market accounts. You do not have to state to anybody that the returns on these investments are to be used for retirement.
Just simply let your money grow overtime, and when certain investments reach their maturity, reinvest them and continue to let your money grow. You can also open an Individual Retirement Account (IRA). IRA’s are quite popular because the money is not taxed until you withdraw the funds. You may also be able to deduct your IRA contributions from the taxes that you owe. An IRA can be opened at most banks. A ROTH IRA is a newer type of retirement account. With a Roth, you pay taxes on the money that you are investing in your account, but when you cash out, no federal taxes are owed. Roth IRA’s can also be opened at a financial institution. Another popular type of retirement account is the 401(k). 401(k’s) are typically offered through employers, but you may be able to open a 401(k) on your own. You should speak with a financial planner or accountant to help you with this. The Keogh plan is another type of IRA that is suitable for self employed people. Self-employed small business owners may also be interested in Simplified Employee Pension Plans (SEP). This is another type of Keogh plan that people typically find easier to administer than a regular Keogh plan.
Whichever retirement investment you choose, just make sure you choose one! Again, do not depend on social security, company retirement plans, or even an inheritance that may or may not come through! Take care of your financial future by investing in it today.

Author: Casey Yew
Real estate is a formidable investment, as it can be difficult to acquire. The initial investment that it takes to purchase a house anywhere in the country is enough that many people never purchase a house in their lifetimes. If you are fortunate enough to have a bit of money for a down payment and a good credit score, then it would be a wise idea to start with your investing now.

There are several ways to invest in real estate depending on your preferences. One way to invest in real estate is to buy a home to live in yourself. People are always making babies, and those babies are growing up. With people living longer than ever, room is not being made for the new generations fast enough. There may be market slumps now and then, but as long as we continue to have babies, there will always be a market demand for homes.

If you buy a home to live in, a great investment is to buy a fixer-upper (a home that needs repairs). Fixing these minor problems over the duration of your stay, especially if you can do the repairs yourself, will help you to gain a great deal of value in the home before you sell it again for a different home.

Some people buy houses just to fix them and sell them again, never actually living in any of these homes. Indeed, in some parts of the country, the market is so “hot” that people can buy a house, hold onto it for three months and resell it at a profit without repairing a single leaky faucet. In time, these people will be able to purchase several homes at once and continue to sell them as they wish, or even let them out to renters.

This leads us to the third type of real estate investment. Buying properties to rent is a great way to make a steady income as long as you are willing to be liable for the premises and willing to be on call for the residents should a problem with the facilities arise. The landlord is responsible for all repairs to the rental building whereas the renters are responsible for not destroying your property. There is a tight legal line to walk, and some people find this means of making money to be too much trouble. For many, though, owning properties and renting them out is a great way to make a second income in addition to their regular jobs, and the properties can pay their own mortgages in many areas.
All of these methods of real estate investment require significant initial investments on your part to start them off, and for the most part they will also require a significant investment of time as well. This can be time dealing with tenants, time repairing buildings, and even time that is spent on acquiring the houses in the first place.