Self Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's

Want to fund some big investments of your own?  Want to use Other People’s Money to do it… in a totally win-win manner?  There’s an absolute OCEAN OF CAPITAL available in today’s market that’s hidden in plain view.  I’m Bryan Ellis, and I’ll tell you how to find and access that capital to fund your own investment opportunities… RIGHT NOW in Episode #97

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Ahh yes, you know… this is just a beautiful, beautiful thing.

Hello, my friends… the coveted members of SDI Nation!  Welcome to another exciting excursion into Investment Excellence!

Quickly… the next Passive Property Flipping Summit – where I invite a small group of qualified investors to meet me and my team, and to learn how they can PASSIVELY profit from our highly lucrative real estate flipping operation… well, that’s coming up VERY soon… and it’s almost full.  As in, 90%.  If you’ve got at least $75,000 in liquid capital and would like to learn more, stop by S3Flip.com right now.  Again, S3Flip.com.

Alright, my friends…  Basically every episode of this show has been targeted to the person who has investment capital, who wants to invest in Simple, Safe and STRONG investment opportunities, and who may have some general ideas about how to deploy that capital.  But most of you don’t have extremely SPECIFIC ideas about how to invest your capital.  Maybe you like the idea of real estate or private lending, and you know you’d like to go in that direction.  Or many of you know what you DON’T like – the uncertainty of the stock market – and you simply want to replace that option with something that makes more sense.

But there’s another group of you listening to this podcast who are a little different, and today I’d like to speak to you.  You also have investment capital… and you have some very specific ideas about the types of investments you’d like to complete.  You probably also have some experience as an investor or investment operator in the asset class that you’re targeting.  You may even have a specific piece of real estate you’d like to acquire… or a specific business you’d like to fund… but there’s one problem:

While you DO have investment capital… you don’t have ENOUGH capital.

And today, my friends, I’m going to teach you how to solve that problem.  I’m going to show you where there’s an OCEAN of capital just waiting to be tapped… and solve your investment funding needs forever.

What I’m about to tell you is very real and absolutely can work for you.  But there’ an assumption that I’m going to make before I tell you the process:

You absolutely MUST have a REAL investment opportunity that makes real sense.  It must be explainable.  It must show respect for the value of the capital your investors will choose to risk with you.  And you really better deliver to them a strong return on investment.

In other words – You’ve got to remember the core value of Self-Directed Investors, which is to Respect Your Own Capital…  but you’ve got to respect the capital you’re using EVEN MORE when that capital does not belong to you.  It’s a solemn, serious thing to accept money from other investors.

So don’t take this lightly, or use what I’m about to teach you to promote some half-cocked, ill-conceived investment.  You won’t get a chance to fix the reputation you’ll destroy if you’re not deeply, profoundly respectful of the capital provided to you by your clients.

So, what to do?

Well, today’s market is AWASH in liquid capital.  I sat on panel last night at a Real Estate Investor Association meeting where we addressed the topic of how to find funding for real estate transaction… and while each of the panel members had slightly different ideas about how to access that OCEAN of available capital, we all agreed on one thing:  There’s a LOT of it out there, waiting to be deployed.

So here are 3 things to understand to find all of the money you will ever need:

First, understand that there are tens of billions of dollars, RIGHT NOW, sitting in self-directed retirement accounts.  You know… self-directed IRA’s and 401k’s… the kind of accounts you and I discuss regularly.  There are nearly a dozen separate self-directed account custodians who claim to have at least $2 billion in assets under management… so there’s a HUGE amount of capital in these accounts right now.

Second, those accounts are useful for ONLY one thing to the people who own them – to make investments.  In other words, the owners of these accounts don’t have the option to use that money to buy a new home or a brand new car or an exotic vacation or to pay for a wedding or anything else that money OUTSIDE of a retirement account can be used for.  So, there’s relatively little competition for that capital… you just have to be able to convince those people that your investment is better than their other alternatives.

And THIRD:  A huge percentage of those accounts are funded – meaning that there’s money sitting there in the account – but nothing is being done with the money.  Some, or all, of the money in those accounts is just SITTING.  Why?  The reality is that while self-directed retirement accounts give you substantially more flexibility in choosing investment options, they also require more effort to find the investments, perform due diligence and physically deploy the capital.  For all the benefits of self-directed retirement accounts, the reality is that they’re inherently more complicated to use… and so many of them are funded, but unused.

This is a beautiful opportunity… a large volume of money… sitting in an account that can ONLY be used for investment purposes… and which is sitting wholly unused and fully available.  THAT is a beautiful scenario if you’re looking to fund an investment using other people’s capital.

So how do you find these people?  Well, if you happen to be an expert on these things, you can start a podcast and quickly become America’s leading voice to the Self Directed Investor community.  But as it turns out, yours truly, Bryan Ellis, already owns that post.  J

So what to do instead?

Do this:

Step 1.  Get a list of self-directed account custodians.  Or, better yet, just go over to SDIRadio.com/custodians where I’ve made a handy list for you.

Step 2.  Take a visit to your local county courthouse, where the real estate records are kept.

Step 3.  Search the deed and mortgage records for anything containing the name of any of the account custodians.  Collect the names of the owners and the addresses of the properties.

What you’re doing here, you see, is getting a list of people who have self directed accounts and who are already using them to own real estate or to fund loans.  This works because when one makes a purchase through a self-directed retirement account, the asset should always be titled in the name of the custodian, and for the benefit of your account.  But that means that, right there in the public record, is an indication of every property or loan that has been transacted through a self directed retirement account!

Step 4.  Contact those people.  Send them a postcard.  Do something to get their attention and share the fact that you have an investment that might make sense for them.  Help them to understand the potential for getting involved in your investment opportunity, and tell them how to reach out to you if they’re interested.

But be forewarned… since you’re actually looking to raise capital… and you’re probably hoping to raise it in a “pooled” manner where you put all of your investor’s capital together for use in one project, then… you’ve got to be sure you comply with securities laws.  So yes, that means you need to talk with a securities attorney to approve your messaging and to make sure you have the legal structure in place AHEAD OF TIME that will allow you to actually accept capital from investors.

Now, my friends… I’d like to make sure that you completely understand the gravity of what I’ve just shared with you.  I’ve just told you how to find people who have self-directed retirement accounts and who are actively using them.  These people are PRIME as potential investors in a GOOD project.  Don’t let the simplicity of my explanation fool you.  I’ve just shown you how to find all the investment capital you could ever need.

My friends… invest wisely today – particularly if you’re using other people’s money – and live well forever!

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A new policy from the Obama administration has the sinister aim of taking control of local real estate laws under the guise of expanding access to “fair housing”.  I’m Bryan Ellis.  I’ll tell you the teriffying details of how it works and why it must be CRUSHED right now in Episode #96

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Hello, my friends.  It’s SO GREAT to be back in the saddle and able to join you each day as normal.  Many of you know I’ve been traveling with my family for the past couple of weeks, and while we had a great time, it is so, so good to be back with you!  Today’s episode will be just a tad long, but it’s important.

Quick question:  Do you want to be the investment wizard among your colleagues?  Do you want to be the person that others are always asking for advice… because your results are just consistently better than everyone else gets?  There’s a way to do that.  If you’re an affluent investor… and you like the idea of making very substantial cash-on-cash returns from real estate without doing the work yourself, then check out S3Flip.com.  You’ll be very, very, very glad you did.  S3Flip.com.

My friends, the Obama regime published a new set of rules last week concerning the housing market, and let me just say… this is even more aggressive than Obamacare… and the effects will be even worse.

The new policy is called “Affirmatively Furthering Fair Housing”, and it’s a very thinly veiled approach to expanding the power of the federal government over the real estate market by injecting racial politics, and subjecting racial minorities to second class citizen status… all in the name of making Uncle Sam stronger, and you and me, weaker.

Here’s the idea:

Uncle Sam, in his infinite – it’s not wisdom… maybe it’s more like power-madness – anyway, in his infinite power-madness, Uncle Sam discovers that a particular neighborhood isn’t racially “diverse”.  Or… at least, not enough such that Uncle Sam is placated.

I feel dirty sullying the reputation of Uncle Sam by using that generic term rather than Obama’s name, so I’m going to stop now.  You and I are adults and regardless of where you or I stand politically, this is a huge attack on us as individuals and our ability to invest wisely, so I think I’ll go ahead and dispense with the pleasantries for now.

So let’s consider an example.  Obama looks at neighborhoods all over the fruited plain, and what he finds is a neighborhood in somewhere, like, say, Georgia.  Or California.  Or Montana.  Doesn’t matter.  So this neighborhood in Georgia, Obama decides that this neighborhood, and the locale in which it’s located, is guilty of racism.  Yep… everybody there… they’re racists.

Why?

Well, Obama looked at the racial makeup of the area, and decided it wasn’t “diverse” enough.

Can you feel Dr. Martin Luther King Jr. rolling over in his grave right now?  His dream that his children would be judged by the content of their character rather than the color of their skin… well, I don’t think Dr. King has ever had a bigger enemy than Barrack Obama.

Anyway, Obama decides this area isn’t sufficiently racially diverse.  So, he forces the local community to accept Section 8 and other government-funded public housing into the area.

Now… note something important here.  These areas Obama wants to target… mostly lower middle class neighborhoods… there’s one and only one impediment keeping ANYONE from living there who wants to, and that’s the ability to buy or rent a home there.  In other words, if you’ve got the money to move into the area, you can do it… no matter what your race.

So, there’s absolutely ZERO racial discrimination involved.  None whatsoever.

Alas, Obama is stretching the meaning of an already terrible ruling from the Supreme Court that was handed down 3 weeks ago.

That court case addressed an issue called “disparate impact”, which allows the government to make charges of racial discrimination where discrimination clearly doesn’t exist.  For example:  Maybe you have rental property and require that your tenants have a credit score of at least 680.  Under this new ruling, it’s entirely arguable that you could be prosecuted for racial discrimination if it turns out that most racial minorities in the area happen to have a credit score below 680.  Yes, you heard that right… any policy which can be in ANY WAY connected to racial politics – even if the policy has absolutely nothing to do with race – is grounds for you to be prosecuted legally… and to endure the substantial cost, pain and humiliation of being labeled as a racial discriminator… even though you clearly are not.

The relevance of that case to this new policy from the Obama regime is this:  They’re trying to expand those “policies” to include property value by saying, in effect, that if neighborhood X isn’t sufficiently racially diverse – according to whatever standard Obama and his cronies are demanding – then that neighborhood and locale are operating in a racially discriminatory way, and Obama’s solution will be to expand Section 8 and other government housing entitlements into that area.

My friends who are racial minorities… if you’re feeling insulted here, since Obama is clearly associating being a racial minority with being poor… well, you should be feeling insulted.  This policy is NOT about racial discrimination, but is simply a way for the government to take over power of real estate law from local government.

So two questions arise:  How can the federal government do this?  And what effect will it have for Obama to force federal public housing options into areas where such options do not exist?

Let’s take the second question first:  Public housing, as a rather consistent rule, damages property value and increases crime.  You have to look no farther than what happened in both Chicago and Atlanta a few years ago when some old public housing projects in those cities were demolished.  What happened in those areas?  Crime plummeted.  Property values rose.  It was a very good thing for the safety of the other residents in those areas, and it was a very good thing for owners of real estate in those areas.

So, forcing public housing into areas where it’s presently located is absolutely BAD news for those areas.

But how can Obama force his way into controlling local real estate policy?

Well, he’s going to use the “Foreign Aid” model.  Think of all of the untold billions that the United States gives to foreign countries in the form of nebulous “foreign aid”.  The idea is simple:  These countries, which are usually strapped for cash, become dependent on the foreign aid from Washington, and so when Uncle Sam comes calling with a demand, the foreign country must comply, under threat of losing that free cash.

Same thing will happen with local real estate, like so:

For decades, HUD – the department of Housing and Urban Development – has been distributing something called “Community Development Block Grants” to specific local communities.  This money is ostensibly for the furtherance of fair housing programs and the expansion of government entitlements.

And it’s in areas where these grants are an essential part of the budget that the Obama regime will, at the threat of removal of those grants, force the communities to take steps that will make those areas less safe, less valuable and less desirable.

The plan in this “Affirmatively Furthering Fair Housing” policy is to create regional real estate authorities that are controlled by Washington bureaucrats and NOT controlled by local government.  These “regional” authorities are the way that Obama intends to execute an end-run around the current system, in which virtually all authority for real estate laws and zoning exists at the city, county or state levels.

And how will the Feds know which neighborhoods to target for this type of punishment?  Well, another part of the new plan is to build a massive database about every single neighborhood in America.  They want to know things like… racial makeup, income statistics, quality of public education, etc… because, at the end of the day, this policy is about one thing:  Control of political power.

You see, along with the horrible effects on crime rates and property values, the biggest effect of this program is that it will give Obama and his successors the ability to have substantial control over where to place people who are receiving federal housing assistance.  Why does this matter?

Votes.  Votes.  It’s about votes, pure and simple… and it’s just as heinous and horrible regardless of what party you align with.  You see, the harsh reality is this:  This is all about social engineering.  When the government can control where people live – people who are totally dependent on the government for their housing, for their food, for every aspect of their lives – well, those people can be shuffled about geographically by the powers that be to make sure that they have all of the votes they need in vulnerable districts.  And whoever happens to be in power at the time will have the ability to engineer the population in such a way as to gain political advantage.

This, folks, is NOT about protecting racial minorities.  And it’s DISGUSTING that the Obama team have tried to hide this raw power grab behind a façade of racial politics.  But that’s the way of the world.

But good news:  There’s action in the U.S. House of Representatives to defund the implementation of this plan, and frankly, there’s a good chance this will end up being a hot-button issue in the 2016 Presidential election… particularly because one of the top choices for Hillary Clinton’s VP will be Julian Castro – who is the secretary of HUD and is in charge of pushing this policy out.

My friends… your votes have consequences.  And this is yet another terrible, terrible consequence that’s good for absolutely NOBODY… except for the federal government.  STAND UP… tell your representatives to kill this and make sure it never happens.

My friends, invest wisely today, and live well forever!

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Do you have an old 401k with a former employer that’s just sitting and sitting?  What if you could make one simple change to those funds… and generate FAR BETTER returns for yourself without any ongoing effort?  I’m Bryan Ellis.  I’ll tell you exactly how to tap the treasure of your old 401k right now in Episode 95.

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Hello, my friends!  Family vacation time is nearing an end, as I’ll be heading back home from our family’s summer getaway in Northern Michigan.  It’s beautiful up here, and the weather has been really great as well.  And it’s always great to get to spend time with my family.

But I’m nearly fully recharged at this point, and I’m looking forward to sharing some amazing things with you in the next few weeks.

Frankly, I’ve got a real challenge on my hands.  There are a couple of topics that I DESPERATELY want to discuss with you, because those topics are ninja-level strategies for maximizing your self-directed 401k or IRA.  I GUARANTEE you’ve never heard anyone talking about these strategies before.  But the reality is this:  At least two of those topics aren’t particularly well suited for discussion in public.  Either they don’t apply to everyone – like the strategy for doing a basically tax-free traditional-to-Roth conversion, which can save you HUNDREDS OF THOUSANDS or MILLIONS of DOLLARS, but is only relevant for those of you with at least $500,000 or more in your account – or the strategy I call the “SDI Compound Account” which works like a 401k or IRA but allows you to take a deduction on the front end – like a traditional retirement account- AND on the back end – like a ROTH retirement account.  That one lets you truly have your cake and eat it too… but it’s legally complex, and so not a great fit for everyone.

Now, one thing I have decided is this:  I’m going to share ONE of those strategies at my upcoming Summit for Affluent Investors.  This particular event – called the Passive Property Flipping Summit – is coming up very, very soon and is a free event for investors who are financially qualified.  At that event, we’re going to focus quite exclusively on our Passive Property Flipping program, whereby our affluent investor clients profit from the huge opportunity that exists in short-term real estate flips performed by my team of real estate professionals who have brain surgeon-level experience and a track record of overwhelmingly consistent success.  In fact, we closed 2 more deals in the past week and I’ll tell you about those very soon, but suffice it to say:  Our investor clients are doing very, very, very well for themselves.

If you’d like to know more about the Passive Property Flipping Summit – the only event where I’m going to speak about either the tax-free Traditional-to-Roth conversion, or the SDI Compound Account that’s like a combination of the best elements of a Traditional and Roth retirement account, then go right now to S3Flip.com.  Note – you should not attend the Flipping Summit if your only objective is to learn those strategies.  Even though it would be totally worthwhile for you to do so, the fact is, that event is explicitly and exclusively for our clients who recognize the opportunity in PASSIVE property flipping, where the only real involvement for our clients is to fund the transaction, and nothing more.  So again, please visit S3Flip.com right now.

So… on to dealing with that old 401k that’s taking up a bit of space in your consciousness… and for no good reason.  Let’s set the stage.  You changed jobs last year… or 5 years… or 15 years ago… and you had a 401k at that employer.  But rather than transferring that 401k to your new employer or – even better – doing something REALLY SMART with that money, you’ve just let it sit.  And sit.  And sit.

So far in 2015, that’s been a pretty awful idea, hasn’t it.  Because that money is quite certainly invested in stocks.  And do you know what the S&P500 has done year to date?  Absolutely nothing.  I mean, literally at the moment I checked the S&P500 a moment ago, it was at EXACTLY the same number it was at on the first trading day of this year.

But you may be deluding yourself with the fact that it improved substantially in the 2 or 3 years before that… of course, forgetting that, if you look at the last 50 years, that it only increases by about 6% per year.

Yep, that’s what you’re accepting.  Even if you’re invested in something other than the S&P500, the averages always catch up.

So, what to do?

Well, to start, you’ve got to move your money into an account that will allow you to break the chains that are tying you to Wall Street investments.  Yes, sometimes those investments work out reasonably well.  But that’s the exception, not the rule.  Remember – the S&P has increased by about 6% per year over the last 50 years.  That REALLY stinks.

But which kind of account?  Do you transfer into your new employer’s 401k?  Or into an IRA or some type, or maybe even one of those fancy-dancy self-directed accounts like you’ve heard me talking about?  Or maybe something else entirely?

That’s a critical choice, and I’d LOVE to help you make that choice.  More about that in a second.

And the next choice is:  What do you do with your money, once it’s in the new account that’s right for you.

How about some options that you’ve never had before?  Such as… would you be interested in generating a GUARANTEED fixed return of 8%?  How about 10%?  Maybe even 12%?  Wouldn’t it be astounding to be able to generate results like that consistently… to be able to plan on it… and to understand exactly WHY those results can be guaranteed?

Or maybe you’re looking to allocate the funds in your old 401k to a slightly more aggressive strategy… but one that’s still FAR SAFER and FAR MORE PREDICTABLE than the stock market.  I’ve seen many clients be able to generate truly SUBSTANTIAL returns through another strategy I recommend… I’m talking about cash-on-cash returns north of 15-20%  – sometimes FAR north of that level – when they do this strategy correctly.

So here’s the bottom line:  If you have at least $50,000 of capital in your old account, and it’s just sitting there, being tossed to and fro with every whim of Wall Street and the Federal Reserve… and if you’d like to actually DO SOMETHING GREAT with that money… money which was earned by YOUR LABOR and YOUR EFFORT and YOUR TIME… money that deserves respect and can be very valuable to you, your family and to future generations, then…

Let’s talk.  I’d love to help you figure out BOTH which type of account makes most sense for you… and how you can allocated that capital in a way that generates returns for you in a manner that’s totally consistent with my investment philosophy called S3:  SIMPLE, SAFE and STRONG.  You’ll finally be investing in assets that make sense to you, because they’re simple!  Your funds will be SAFE and your returns will be STRONG.

So again, if you have an old 401k that’s just sitting, and it has at least $50,000 of cash or stocks in it, and you’d like to FINALLY have it really COUNT FOR SOMETHING… to really count for YOU and your FAMILY… then just go over to SDIRadio.com/consultation.  Again, that’s SDIRadio.com/consultation.  We’ve set aside space for 5 15-minute consultations in the coming week, and I’d love to be of service to you.

Isn’t it time you get STRONG RESULTS for your old 401k funds… results that are PREDICTABLE… that don’t toss and turn constantly… and that you truly UNDERSTAND?

Oh, and by the way… I can show you how to TOTALLY ELIMINATE all of the junk fees you’re paying right now.  And you probably don’t realize you’re paying them.

SDIRadio.com/consultation is where you need to go.

And one final time, my friends:  Check out S3Flip.com if you’re interested in learning why, nationwide in the first quarter of this year, the AVERAGE gross profit per flip in America over $72,000… and the average gross ROI per flip in that time period was over 35%!  And when you go to S3Flip.com, you’ll see how my team – who could be YOUR team – is making this type of result happen roughly every 4 months for our clients!  S3Flip.com, ladies and gentlemen.

Folks:  Invest wisely today… and live well forever!

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I’ve heard it enough now, I’ll answer it.  I’m hearing… “Bryan, you’ve said you don’t like turnkey rental properties… but isn’t rental property a fundamentally good investment?  Why do you dislike it so much?”  I’m Bryan Ellis.  I’ll answer that for you RIGHT NOW in Episode #94.

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So… turnkey rental properties.  You guys think I don’t approve of a turnkey approach to real estate investing, right?

WRONG!

Nothing could be further from the truth.  We offer a turnkey real estate FLIPPING opportunity… and turnkey rental property investing can be a really valuable tool as well… IF some things are there to protect YOU!

Before I begin with the business about turnkey rental properties, I’d like to give you an important heads-up to those of you who are seeking a diversification for your capital that really meets the S3 Standard of SIMPLE, SAFE and STRONG.  My team of professional real estate flippers are putting up some EXTRARODINARY numbers for our clients, with a track record of amazing consistency.  We have an opening for a tiny number of additional clients right now, and this is an opportunity not to be missed if you’re an affluent investor with at least $100,000 in liquid capital and investment duration tolerance of 6 months or so.  To find out more, go over to S3Flip.com right now.  Again, that’s S3Flip.com.

So… turnkey rental properties…

My friends, real estate investing isn’t simple like stock investing.  Setting aside the selection and usage of real estate to generate profit – which are themselves very complicated – the TRANSACTIONAL side of real estate (like financing, closing, titling, legal considerations, etc.) is both very complicated and very expensive.  It’s also not a simple thing to find tenants, and even harder to find a reliable property manager.  So, to have a service that does all of that for you is a GREAT thing.  I do not deny that at all.

And I’ll be honest with you:  I’m on the hunt for a company who can provide great rental property investment opportunities to YOU, my valued listeners to Self Directed Investor Radio.  But here’s the thing:  Because I truly DO value you, there’s no way I’m going to recommend an investment opportunity that I don’t believe meets the S3 standard of SIMPLE and SAFE and STRONG.

Can single-family rental property investments ever meet that standard?  I think absolutely, yes.  So let’s look at how that could be true… and then I’ll tell you precisely why you should steer clear of the vast majority of the “turnkey” rental property companies out there.

Rental property investing is conceptually simple, to be sure… particularly when being handled by a professional and experienced property manager.  It can be safe as well, if buying at the right price and right terms and right property and market conditions.  And the returns can be strong if you buy in the right place at the right time.

But my friends, I’d like for you to understand something.  There’s a big, big difference between the historical understanding of rental property investing versus what the turnkey operators offer to you.  The conventional understanding of rental investing goes like this:

You buy a house in a suitable geographic market.  You must buy the house inexpensively enough so that you have equity from the start.  After bringing the property up to rent-ready condition, a good objective is to have at least 20% equity still in the property at that point.  You then rent the property to a tenant, putting away most of the income, knowing that certain expenses will absolutely happen.  One of those expenses is property maintenance, which is invariably far more expensive that you think, and can easily average 40%+ of your income.  Another of those expenses is vacancies, and the wisest standard for vacancy planning is to assume 75% occupancy.  Another of those expenses is mortgage payment, if you financed the property.  And some more of those expenses are property managers – well worth it, but still expensive – along with taxes on your rental income and on the property itself.  But if you view the rental income to be a cushion that’s primarily designed to absorb some of those expenses, then over time… probably 3-5 years down the road… you’ll have built up enough cash savings on this property that, if all is well with the property, maybe you can begin to enjoy some of the cash flow at that time.  And at some point in the future – probably 15-30 years down the road – you’ll sell the property, which will be free of debt and will hopefully have appreciated very well.

So, that’s the traditional view of rental property investing, and it’s a very responsible view of it.  Entering into rental property investing with an approach like that makes a lot of sense.

How’s that different from what turnkey rental company properties are selling?

Folks, it pains me to point this out again because the reality is that I have many, many good friends in that business.  But here’s the basic pitch of most of the turnkey companies:

You should buy this house – and several more after it – because doing so will yield a large cash flow for you.  You can expect a cap rate of about 10 on this deal, so it will be very profitable for you.  I’ll also have my own property manager – who I’ve vetted and confirmed will do a great job for you – to handle the entire thing for you so that you never have to worry about tenants or toilets.  My property manager has a 97% occupancy rate, so vacancies shouldn’t be a problem, and you’ll definitely have a paying tenant in place on the day you buy the house.  Plus, you’ll get great tax benefits along the way, so this is a win from any perspective.

Here’s the thing:  All of that sounds great, and technically COULD be true.  But to assume that a 97% occupancy rate will always apply to you… or that the cap rate of 10 actually factors in the expenses and risks that they’re hoping you’ll ignore – such as real vacancies – well, that’s not just irresponsible, it’s financially dangerous.

And here’s one more thing:  You’ll never hear turnkey companies talking about how you’re getting a good value on the property versus the retail value in today’s market.  In other words, if you have the property appraised before you buy it, what you’ll quite certainly find is that the price you’re paying is the same as, or above, the ACTUAL value of the property in today’s market.

That is a travesty, my friends.  I’m not aware of any turnkey rental property companies that insist that their clients have properties appraised ahead of time, because virtually all of them sell these “investment” properties at or above market prices.  Folks, have you ever heard of it being smart to buy an “investment” above its actual value?  That could make sense if you have the ability to turn a piece of property into something much grander, greater and more valuable.  But that’s not the plan.  You want to buy the property to rent it out.

And… my friends in California… you should be particularly careful.  You’re a great target for this type of pitch because your real estate values are so extreme and crazy that, for many of you, you’ve had the experience of making an offer on a property above the market price, and a few years later, selling for a huge profit.  So you’re less likely to be sensitive to purchase price.  And that’s a terrible thing because

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A BOOMING TREND among affluent investors is the “Outsourced Real Estate Flip” where the investor provides the funding, and a professional real estate flipper does the rest.  But what does a REAL DEAL look like when doing this?  If you’re an affluent investor, and would like to enjoy the strong profits available from flipping in a wholly passive manner, today’s case study will answer a LOT of questions for you.  I’m Bryan Ellis… this is Episode #93!

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Hello my friends… today, I’ll give you a case study that you’re going to LOVE… that is, if you love the idea of an investment that’s SIMPLE and SAFE and STRONG… and FAST!  These deals last only a few months on average, but the hard dollar results look much longer term… you’re going to love it!

A quick announcement:  I’m leaving today for a family vacation in northern Michigan for the next 2 weeks.  Each year, my wife, my 4 kids and the grandparents take a trip up to enjoy the family cottage and some time to recharge and to smell the roses!

Now, the truth is, I’ll still be working half days… largely so that this podcast doesn’t become neglected.  But I do beg your grace for the next two weeks, as it’s possible… but not likely… I could miss a weekday or two.  Thanks in advance for your patience!

So, today, I’d like to give you a great case study of a real deal that produced strong profits and a very fast and very high cash-on-cash ROI.  The example I’m about to give you is NOT unique… it was performed by MY flipping team, who work with my clientele of affluent investors to perform what is called a “Fully Outsourced Real Estate Flip”.  This is a quickly growing trend among affluent investors, and after I give you this case study, I’ll give you some things to look for, and some things to look OUT for, if you’re interested in adding this strategy to your portfolio.

So, let’s call this case study WHITE CANYON.  That’s the road the property is on, in San Tan Valley, Arizona, a suburb of Phoenix.

So here’s the story:  An affluent investor client – I need to respect his privacy, so let’s call him Bob – decided he wanted to profit from the strong opportunity in real estate flipping, but without having to swing hammers or hire crews.  So he agreed to fund a flip transaction with my Phoenix team.

Here’s how it played out:

My team learned about Bob’s financial capabilities… namely, that he had a budget of $75,000 and was willing to use hard money or other financing if it made sense.  We then got to work doing what we do best… buying the RIGHT PROPERTY at the RIGHT PRICE in order to quickly flip and make a nice profit.

By the way… my team is, far and away, the biggest buyer of foreclosures in the Phoenix metro area.  Those guys have purchased OVER 13,000 properties at auction.  Nobody else is even close to that.

So, on December 4, 2014, we purchased a property for Bob on White Canyon.  It was a property with real potential.  Bought it for $170,000 and got to work turning it’s potential into real in-the-pocket type of profit.

So, we got Bob funding for 80% of that purchase price, so that he only had to fund a 20% down payment along with renovation and some minor miscellaneous costs.

And 6 months later to the day, on June 4, 2015, that property closed escrow.  What were the results?

Well… it was a cool cash-on-cash return of 33.81%.  That’s not an annualized number… that’s the straight-up result of this deal.  Bob’s out-of-pocket investment ended up at only a bit under $66,000 versus a net profit of over $22,000… a very strong result, to be sure.

How would you like results like that in your portfolio?

Now, I picked this example out of literally hundreds available to me… not because it’s the BEST example, but because it’s actually a somewhat muted example of what’s possible.  In terms of financial results, we see this level of result on a very regular and frequent basis, and have a vast supply of case studies to prove it.

But what was really ATYPICAL… and subpar… about this deal is the duration of the deal.  This one took a full 6-month time horizon.  Frankly, I’m happy with making 33.8% in 6 months.  I’ll bet you are, too.

But here’s the fact:  80% of our deals close in around 4 months or less.  So this one took a bit longer than normal.  But the goal for my clients is simple:  To complete 2 or 3 full flip transactions, on average, every 12 months… and for each one of those transactions to yield the type of return that blows away the ANNUAL AVERAGES for the stock market.

So, I’ve really only scratched the surface of this particular case study.  There are a lot more of them available in the free webinar that I’ve created for you, which you can see right now at S3Flip.com.  We have literally DOZENS of these transactions going at any given time.  In fact, we bought one just this week for one of your fellow listeners to this show, and I’m so excited for them.

In fact, to those listeners, I’d like to say:  Hello Paul and Rose… it looks like the guys got a really good one for you this week… very exciting!  Tell your daughter Camilla I said hello!

Paul and Rose are listeners to this show, and I had the distinct pleasure of getting to meet them a few weeks ago at the Passive Property Flipping Summit in Phoenix.  They decided to move forward with our fully outsourced property flipping program, and we were able to buy a GREAT house with MASSIVE POTENTIAL for them.  I’m really excited about this one… statistically, it’s quite likely their deal will be completed in November… just in time to pay for a nice Christmas!

So, my friends… if you are interested in learning more about how YOU can get involved in fully outsourced real estate flipping, I encourage you to do one thing:  Go to S3Flip.com RIGHT NOW.  I’m having another Passive Property Flipping Summit very soon… and presently it’s the last such event scheduled, as our client roster will be full after that.

So… think of it like this… did you know that the S&P500 – which is considered the gold standard for comparison of investment results… well, the S&P500 has had an annual return in the 30%+ range only a few times in it’s entire history.  It’s very rare.

BUT… our flip transactions routinely yield those kind of numbers… and most of the time, we do it in about 4 months or less… 1/3 of the time of the S&P500.  What does that mean?  You can do another transaction… or two… and blow up the results even higher.

Yes, there is risk, and I’ll explain that rather graphically to you in the webinar over at S3Flip.com.  This is NOT for everybody.  Absolutely not.  And no, there are NO guarantees whatsoever.  But frankly, the proper clientele for this type of opportunity understands these things.

So if you’d like to find out if this opportunity fits YOU – and if you have a minimum of $75,000 in liquid capital – then just go over to S3Flip.com right now and check out the webinar.  It’s VERY informative, and truly breaks down our process in detail.  If you’re someone who really appreciates attention to detail and a profound aversion to risk, you’ll love our approach.  So check it out now at S3Flip.com.

Oh… and yes, while we’re an undeniable leader in this area, there are other companies who offer this type of service… and a few of them do a solid job.  So here’s a little story to keep in mind.  My son Sam is now 2 years old, and last year, he had to have brain surgery.  When that became necessary, my wife and I did research to find out who was the VERY BEST OF THE BEST among pediatric brain surgeons.  Well, we found him – his name is Dr. Andrew Reisner – and Dr. Reisner said something really interesting to me.  He said:  Bryan, you should certainly check out all of the doctors you want, and make sure you’re comfortable.  That’s very important.  Read some of the articles by other experts in this arena.  And when you do, remember this:  The type of surgery your son needs… well, to be considered an expert in that surgery, you only need to have done it about 100 times.  Most of the people who write articles about it have done it about 100 times.  I’ve done this surgery more than 1,000 times… my experience is literally 10 times greater than nearly every other “expert”.  And if I have the pleasure of serving you, I’ll certainly bring that experience to bear with the aim of the ideal result.

My friends, Dr. Reisner delivered that ideal result, and I thank God and Dr. Reisner for that.

And my team – who has bought over 13,000 houses at the Phoenix-area foreclosure auctions – well, if we have the pleasure of serving you, we’ll certainly bring that experience to bear with the aim of creating an ideal result for you, too.  Check out S3Flip.com for more examples of those “ideal” results…

My friends… Invest wisely today – maybe even through outsourced flipping – and live well forever!

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Yes, your self-directed IRA or 401k can own a private LLC or corporation.  No doubt about it.  But should you use an OFFSHORE LLC or Corporation in your retirement account rather than a domestic one?  Will it make your money safer… or at far greater risk?  I’m Bryan Ellis.  I’ll tell you right now in Episode 92.

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Wow!  Based on the response to yesterday’s episode, there’s clearly a HUGE amount of interest in offshore investing with your retirement account.  So thank you for that!

Let’s dig a little deeper today.  Yesterday, we touched on the most fundamental of questions – is it even possible for YOUR retirement account to buy offshore assets.  The answer isn’t a straightforward YES or NO… and if you don’t know for SURE about your account, then listen to yesterday’s episode #91 to find out.  You can hear that at SDIRadio.com/91.

Today… I’m going to assume that you’ve determined that it is POSSIBLE for your account to invest in offshore assets.  So we’re going to delve into one of the most common ideas about what it means to be an offshore investor:  To use FOREIGN business entities instead of domestic ones.

As many of you know, it can be very advantageous to own a private LLC or corporation in your self directed retirement IRA.  One of the fundamental weaknesses of a self-directed IRA is that it’s merely self-directed… but not actually directly controlled by you.  So for every transaction, you must make requests of and wait for permission from your custodian before performing the transaction.

But by setting up a wholly-owned entity within your Self-Directed IRA, this problem is largely overcome and gives you very direct control over your funds, which can be a very good thing.  And when most people set up such a wholly-owned legal entity, they generally use what’s called a home-state entity.  So, for example, if you live in California, you’d likely set up a California LLC in your self-directed IRA.  But what if, instead of setting up a CALIFORNIA LLC, you set up an LLC organized in some other jurisdiction… a FOREIGN country… such as the Cayman Islands, Antigua or Nevis?

You’ve heard about this before.  When they talk about it in the movies, you hear words like “shell corporation” and “offshore company” and you’re led to believe that all of the action is in the Caribbean, particularly the Cayman Islands.  It’s also suggested that the only people who use offshore entities are drug dealers and money launderers… basically, the miscreants of society.

Frankly, that’s what the US government wants you to believe, because some of what you hear about using offshore entities is true:  To a large extent, going offshore puts your assets outside the reach of Uncle Sam.  And good ole Uncle Sam is power-hungry.  He wants you to have the illusion of control of your assets, while having the ability to take them from you at any time.  But shifting your assets offshore, well… that’s not a good thing for our greedy uncle, because in many cases, doing so transforms the “illusion” of control you currently have into actual control… at least, control enough where Uncle Sam can’t confiscate it just because he decides to.

But why would you ever consider using a legal jurisdiction outside the United States?

The reasons are many.  Some are good, some are questionable.  Here are the top 3:

Far and away, the top reason is to minimize or avoid taxes.  The logic – which, I’ll warn you, is flawed – goes like this:  I’ll set up my LLC in Nevis, where there is no tax liability for LLC’s. 

The second BIG REASON people consider using offshore entities is for asset protection.  If you have a properly structured entity in certain offshore jurisdictions, those jurisdictions make it very, very hard for anyone – sometimes even the US government – to take your assets, even if a lawsuit has been filed against you, you lost, and a judgment has been entered.  That’s because those jurisdictions have made their name – and make significant revenue – by being legally friendly to debtors and very hostile to creditors.

And the final BIG REASON that people go “offshore” is to achieve a large degree of financial privacy.  The more financially successful you become, the more likely you are to value your privacy… unless, of course, your last name is Trump.

There are all noble and worthy ends.  Saving on taxes is a wonderful thing.  Protecting your assets is a wonderful thing.  Financial privacy is a wonderful thing.

So, should you take the plunge and set up shop in your Self Directed IRA as an offshore company?

Honestly, my friends, I think not.  Here’s why:

First, in the context of your Self Directed IRA, you already have the ultimate tax benefit – you don’t have to pay them on your investment profits, by and large.  So there’s no reason to go offshore for that benefit.  Furthermore, it’s fallacy to think that merely by using a foreign entity rather than a domestic one, that you automatically save taxes.  It just doesn’t work that way, so the “I’ll save taxes” argument is absolutely worthless here.

Where asset protection and privacy are concerned… well, those arguments are much stronger than the tax argument.  I’ll admit it:  asset protection is something that ALL self directed investors must think about quite seriously.  And with the incredible degree to which the asset protection advantages of IRA’s is shrinking, it may be very tempting to go the offshore route.  Particularly since… and I hate to say this, but… the biggest asset protection challenge you’ll ever face would likely come from Uncle Sam.  There have been SO MANY recent stories about the federal government outright STEALING money from individuals and businesses for no legitimate reason whatsoever.  Recently, the IRS swooped in and stole $107,000 from a North Carolina store owner.  Why?  They accused him of a STUPID, IDIOTIC, RIDICULOUS crime called “structuring” in which he was guilty of depositing amounts of under $10,000 in cash into his bank account on a frequent basis.

Yep, you got it right… by depositing money into your bank account… money you legally obtained… into your own bank account… the IRS can steal everything you’ve got.  That’s what happened to the guy in North Carolina.  And there are MANY other stories just like his.  So, I’ve got to admit… there’s some real appeal to the asset protection rationale for taking your investment account “offshore”.

But I’ve got to tell you… it makes me nervous.  I haven’t moved my retirement account offshore nor do I have any other assets offshore.  I don’t plan to change that, either.  But if I did, I’ll tell you this much:  I wouldn’t consider doing it without getting advice from a VERY EXPERIENCED lawyer.  And you’d want to check it out from both an asset protection point of view and from a tax point of view, which would likely require multiple sources of legal counsel.  So, clearly, to do this is going to cost some money… but it would be well worth the effort, because:

I don’t know if it’s true, folks, but here’s what one attorney told me:  Where the IRS is concerned, when they see the use of offshore entities, well… they’re far more likely to LEAD the investigation of you and your assets through their CRIMINAL investigation division rather than as a civil matter.  So it’s a very big deal.

One thing you could do to lessen that risk is to have your attorney submit your plan to the IRS in advance to get a private letter ruling, which is essentially a blessing from the IRS that your plan is tax compliant.  Frankly, that’s really the ONLY way I’d ever consider doing anything offshore.

Oh, and be aware of one more thing:  The Feds passed a law not long ago that’s called the Foreign Account Tax Compliance Act, or FATCA for short.  It’s basically a huge bureaucratic mess that has created, as a primary result, a situation in which MOST offshore banks and financial institutions are refusing to accept Americans and American-owned entities as clients.  And don’t think you can set up an offshore LLC and then use an American bank… that’s no safer than never going offshore to begin with.

So, bottom line, my friends:  Going offshore is probably overkill for most of us, and I personally won’t go that direction.  But if you do, take it very seriously.  Respect the law and get good advice.  It’s absolutely NOT true that the offshore world is strictly the domain of criminals and miscreants.  But what it certainly is is the target of Uncle Sam’s ire, so you’ve got to be prepared to face that if you jump offshore.

My friends, I promised you another case study from my flipping team in Phoenix today, because we’re putting up some huge numbers that may be a good match for you.  But we’re out of time now… I’ll try to publish a special episode later today with that information.  In the mean time, go over to S3Flip.com for more information!

Have a great day, my friends, and remember:  Invest Wisely Today… and live well forever!

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Should you take your retirement account OFFSHORE… outside of the reach of Uncle Sam, and within grasp of a world of investment opportunities that don’t exist for most Americans?  I’m Bryan Ellis… I’ll give you a tantalizing peak into the world of offshore investing RIGHT NOW in Episode #91.

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Offshore investing… it conjures images of exotic locales, freedom from taxes and an end to the worry that Uncle Sam will go all Cyprus on your money and steal everything you’ve worked so hard to build.  And coupling offshore investment strategies with your retirement account… well, that seems to be the ultimate for a self-reliant, privacy-loving group like we Self Directed Investors.

But is that the truth?  Well… I’ll tell you the honest truth about it right after this:

Write this down, my friends:  S3Flip.com.  S3Flip.com.  You’ve heard me espousing the S3 Standard – SIMPLE, SAFE and STRONG – repeatedly on this show.  You’ll hear that over and over from me because it’s CORE.  It’s fundamental.  You and I, as responsible self-directed investors, have one core value:  To respect our own capital.  And we do that by employing the S3 Standard when we evaluate investment opportunities.  It’s no more complicated than that.

But what about real estate flipping?  You’ve also heard me talking about that.  You’ve heard me sing the praises of my team, who facilitate fully outsourced property flips for our clientele of affluent investors who recognize the opportunity in flipping and are financially able to get involved, but who may not have the time or the expertise to handle it for themselves.

But flipping is a really, really dangerous thing to do, isn’t it?  Can’t you lose a LOT of money by trying to make money that way?

Well, the answer is an absolute YES… YOU can lose a lot of money by trying to be a flipper.  I mean… specifically… YOU could lose a lot of money by trying it because, well… you, my friend, are not a professional flipper.  Let me tell you something:  I personally have a vast, vast background in real estate investing.  But I’m not a flipper.  So for YOU… and for me, flipping is a dangerous thing.

But my friends… what if you could join forces with someone who has done HUNDREDS of these deals?  Someone who does NOTHING BUT real estate flipping.  Someone who has an ASTOUNDING track record, available for you to review and confirm for yourself?  Someone who has a large clientele of affluent investors who come back to him over and over and over again?

What if it could be YOUR money… working totally passively… and THEIR expertise and resources… and at the end of the day, BOTH of you benefit in the same way:  From PROFITABLE transactions!  What if these deals were rather short – almost all completed in 4 months or so – so that you could generate a strong return on your capital on each deal… and then do 2 or 3 deals every year?

So, my friends, here’s the opportunity:  I have a team of EXTRAORDINARY real estate flippers that work with me and with some of my clients.  They are top-notch, and I’ve given you examples of their work in past episodes.  I’ll give you another case study tomorrow, too.  And RIGHT NOW… which is an unusual circumstances… I can take on a few more clients who recognize the opportunity that exists in today’s real estate market for short-term flipping.

And what is that opportunity?  According to the huge real estate research firm RealtyTrac… the AVERAGE real estate flip in the first quarter of this year resulted in a gross profit of over $72,000 and gross ROI of over 35%.  That’s the AVERAGE gross profit, not an exceptional one.  And that’s across more than 17,000 flips that completed in the first quarter.  Yep… 17,000 in the first quarter alone.  Do the math on that… and what you’ll see is that in Q1 of this year, there was well over $1.2 BILLION in gross flipping profits.

And guess what… our averages may be even better than what RealtyTrac has reported for the nation as a whole.

So… maybe you’re already convinced of the opportunity.  Maybe you just suspect an opportunity but aren’t yet convinced of it.  But whatever your situation, if the prospect of making substantial cash-on-cash returns from real estate WITHOUT being tied up in it yourself gets your attention… if you’ve been looking for a way to diversify AWAY from Wall Street – you do know the S&P 500 is basically FLAT for the year, right? – and if your financial profile fits this opportunity which, at a basic level, means you have a minimum of $75,000 of liquid capital, then do this:

Go to the website S3Flip.com.  Go there soon because as I mentioned, we don’t have the ability to take on an unlimited number of clients, but I’ve got some space right now.  On that page is a webinar you can watch where I’ll tell you all about our process… I’ll show you MANY examples of our deals… including the ONE losing transaction we’ve ever had for a client… and I’ll show you why this strategy… Fully Outsourced Real Estate Flips… along with MY FLIPPING TEAM… you’ll see why it’s such a BEAUTIFUL opportunity for those of you who want a SIMPLE and SAFE way to generate an incredibly STRONG return in a totally passive manner.

So, again, that’s S3Flip.com.  Respectfully, please do be aware that that opportunity won’t be available for long.

So… you want to mix your retirement account with offshore investing?

Honestly, it’s going to take us a couple of episodes to even scratch the surface of this issue.  So let’s get started with it.

Where to start?

Well, let’s start with the most basic level:  What is offshore investing?

It means a lot of different things to different people, but let’s describe it like this:  Offshore investing is when you invest in assets that are located in countries other than the US rather than in America-based assets.  So, arguably, buying stocks from foreign stock exchanges is offshore investing.  As is buying into foreign hedge funds, or creating foreign LLCs or corporations – rather than the American equivalent – for use in your retirement account.

But can you do offshore investing through your retirement account?

Well, maybe.  It depends a lot on the type of account you have.

At a basic level, you MUST have a fully self-directed account.  I don’t mean a “self directed” account like they offer at eTrade or Schwab, where you get to self-direct so long as you buy products from those brokerages.  I mean a TRUE self-directed account that allows you to buy absolutely anything that is allowed by the IRS.

If you don’t know for sure, call your custodian and ask this question:  “Can I buy shares of a private, unlisted company?”  If the answer is YES, then there’s a good chance you’ve got a fully self-directed account.

But that’s not the end of the story.

That’s because it appears… anecdotally… that a whole lot of self-directed account providers put restrictions in their account documents which require that all of the indicia of ownership of the account’s assets must be in the United States.  That’s a fancy way of saying that your investments must be based here in the good ole US of A.

That is, of course, how Uncle Sam would prefer it.  That way, they have access to your assets if they ever want to take them away.  And if you think they can’t take them away… if you believe the nonsense that suggests your retirement savings are secure just because there’s some statutory protection for them under the law… well… I’ve got a bridge to sell to you.  And… you should probably check out past episodes of this show, in which I show you a LOT of ways the government can callously rip away your hard-earned retirement savings with very, very little effort on their part.

But I digress.

You’ve heard me say over and over again that there really is a DIFFERENCE from one self-directed retirement account to the next?  And most of the differences you’ll never even know… until you realize you can’t do something you wanted to do with your own retirement savings.

Offshore investing is one of those things.  So, I’ll dig into this topic of offshore investing more on tomorrow’s show.  But for now, the first thing you’ve got to determine is this:  Does my Self-Directed Retirement Account even allow me to buy international assets?  Because… the hard truth is… many of them don’t.

Tomorrow, we’ll get into the deeper things of offshore investing that many of you are pining for.  So, be sure to SUBSCRIBE to Self-Directed Investor Radio RIGHT NOW…  it’s really important that you do so.  Go over to iTunes or Stitcher and subscribe – at no cost – so you’ll automatically get our new daily episodes.

And remember what I told you earlier about the opportunity to do very well financial from fully outsourced real estate flipping.  While that opportunity remains available, you can learn about it at S3Flip.com.

My friends… invest wisely today… and live well forever!

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Hello, my friends… Happy Sunday!

This is a special edition of Self Directed Investor Radio.  Let’s call it the “thought of the day”.  No fancy intro and outro.  But there is something I’d like to share with you very quickly.

I have a question for you:  Is the wise investment of your capital simply a wise thing to do, or is it a moral imperative?

I’d like to share a parable with you, recorded thousands of years ago.  It goes like this:

14 "Again, it will be like a man going on a journey, who called his servants and entrusted his property to them. 

15 To one he gave five talents of money, to another two talents, and to another one talent, each according to his ability. Then he went on his journey. 

16 The man who had received the five talents went at once and put his money to work and gained five more. 

17 So also, the one with the two talents gained two more. 

18 But the man who had received the one talent went off, dug a hole in the ground and hid his master's money. 

19 "After a long time the master of those servants returned and settled accounts with them. 

20 The man who had received the five talents brought the other five. 'Master,' he said, 'you entrusted me with five talents. See, I have gained five more.' 

21 "His master replied, 'Well done, good and faithful servant! You have been faithful with a few things; I will put you in charge of many things. Come and share your master's happiness!' 

22 "The man with the two talents also came. 'Master,' he said, 'you entrusted me with two talents; see, I have gained two more.' 

23 "His master replied, 'Well done, good and faithful servant! You have been faithful with a few things; I will put you in charge of many things. Come and share your master's happiness!' 

24 "Then the man who had received the one talent came. 'Master,' he said, 'I knew that you are a hard man, harvesting where you have not sown and gathering where you have not scattered seed. 

25 So I was afraid and went out and hid your talent in the ground. See, here is what belongs to you.' 

26 "His master replied, 'You wicked, lazy servant! So you knew that I harvest where I have not sown and gather where I have not scattered seed? 

27 Well then, you should have put my money on deposit with the bankers, so that when I returned I would have received it back with interest. 

28 " 'Take the talent from him and give it to the one who has the ten talents. 

29 For everyone who has will be given more, and he will have an abundance. Whoever does not have, even what he has will be taken from him.

What does this mean to you?  To me, it means that it is a good, honorable and noble thing to invest wisely.  Similarly, it’s a deplorable and maybe even EVIL thing to waste the capital with which you’ve been entrusted, and to protect it to the exclusion of growing it.

That’s my quick thought of the day today.  I’m so grateful to you for being a listener to this show.  Have a great day!

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