My Story - I Created This Website To Help You...
1991, at the advice of my trusted insurance agent,
I opened a variable annuity to tax defer some income.The money I
invested was put into the stock market by the company. I was never
told about the fees or commissions that I was paying or
about the surrender charge that I would eventually pay. I've watched
the value go up and down based upon what the stock market was doing.
I soon realized that the value of what I could withdraw when I retired
and needed the money, would be based upon where
the stock market was at the time.
never received an accounting of what fees I've paid or how much
the commission to the agent was. All that was hidden
from me. It is common sense that the insurance company is making
a hefty profit from my account because they paid a big agent's commission
to get me signed up and, after all, they must make a decent profit
from me or why would they want me to be a customer. After 17 years
of investing in this annuity, my investment did not even double
in size. I could have made more money in interest in a money market
did some research and discovered that most retirement accounts are
instruments by companies that use your money to make big profits
at the account holders expense. Mutual fund manager's charge massive
fees to manage the fund and sometimes churn the portfolio,
but at least you can sell your funds without paying a surrender
charge, just the spread. The annuity I had, charged me a surrender
fee of $880 on my own money. Can you believe that?
It was my money! They went back 10 years and charged me a penalty
on the money I deposited in that time. And I didn't really withdraw
the money - I rolled it over into a self directed IRA. Yes, I'm
upset about that, but at least I found a really good investment
to move the money into.
tired of 2% or 3% a year or losing money because the stock market
is down. After much research I found that more and more people are
investing in land, but not just any land. Land
in the path of massive population growth. All the giant companies
like Walmart have a method to search for sites
for new stores where the population is heading. Land is much cheaper
in a pre-developed area than in an already developed
city, making their new stores much cheaper to build..
probably seen stores, medical centers, and housing being built out
in what you thought was "the sticks"
and then 5 years later it is all built up. You could have bought
an acre of land in "the sticks" for $5,000 but now that
same acre 5 years later is selling for $100,000! And guess what?
10 years later that same acre might be selling for a MILLION dollars.
I found that this appreciation of land is nothing new, it was only
new to my awareness. I thought back to 1991 when I bought my lousy
annuity and thought, wow, if I had purchased some land
back then in the right place it would have appreciated more than
10 times what I paid for it. It makes me sick to think about missing
out on having a ton of money now, only because I didn't
know about land banking back in 1991. I decided it was
not too late for me.
found a company called ACE Capital Group that uses a 10 point system
like Walmart to select property in an area destined for poplulation
growth and therefore big appreciation. I looked at their
list of client
properties and their average annual appreciation. Even
though some people's property appreciated over 50% a year most were
in the 20% range. I was wildly excited. Banks are
only paying 2% to 3% interest and my miserable annuity
had lost $4,000 in the last few months. I learned that ACE has been
buying and selling land in the Antelope Valley area outside of Los
Angeles because the poplulation of Los Angeles is expanding tremendously
and there is only one affordable place for them to go - Antelope
is still a lot of land there, but investors are buying and holding
it for investment and developers are buying it and building like
crazy there, which then reduces the supply. You know what that means
- prices go up as supply goes down.
The housing market is slow and has lost value, but land prices in
Antelope Valley are continuing to go up!
has really worked out well for me is that I moved my money from
the miserable annuity to a self directed
IRA. Then I used my new IRA to buy the land. I didn't have
to borrow money, so I have no monthly payments.
When I sell my land in 5 to 10 years, the huge profit will stay
in my IRA, so I won't have to pay tax on it. If it appreciates to
$1.5 million then at 4% interest, I can have $5,000 each and every
month, without touching the $1.5 mil.
I live to be 94 years old like my grandfather did then I will have
30 years of $5,000 per month and no worries about
money when I'm old and can't work, Then, when I give up the ghost,
the $1.5 million goes to my heir. Had I left my money in that miserable
annuity then the insurance company would have made big
money and I would have to continue working after retirement or live
in poverty. I was so impressed with the integrity
results of ACE that I decided to become an agent and
help others get out of their evil annuity and invest
in land for a better retirement. What
are you going to do?
how I can help you make the change for the better!