2012: End Of The World Predictions

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Armageddon Blues

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Warlock: Armageddon [VHS] $9.99 This follow-up to Warlock boasts more sophisticated visual effects, slicker production values, and bigger (and bloodier) action, but fans of the original’s dry wit and tight story may be disappointed. It’s really more a rehash than a sequel. The Devil is up to his old tricks again, sending his favorite son (the title character) on a mission to recover six runes–ancient stones that will allow H…

Armageddon [Blu-ray] $18.37 ARMAGEDDON – Blu-Ray Movie…

Deep Impact [Blu-ray] $8.08 DEEP IMPACT – Blu-Ray Movie…

Armageddon (The Criterion Collection) $10.01 Studio: Buena Vista Home Video Release Date: 05/20/2010 Run time: 151 minutes Rating: Pg13…

Angelology: A Novel $4.19 When Sister Evangeline of the St. Rose Convent stumbles across a mysterious correspondence with Abigail Rockefeller in the archive, it reveals that angels once walked among us…and might still. This discovery plunges Evangeline into the hidden and dangerous world of the Angelologists – a secret society that battles to prevent the ascendancy of the Nephilim, the angels’ descendants on Earth. Evang…

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Self Directeed IRA Myths Busted: Part 1

There was a story I learned as a child titled Chicken Little, in which the main character, Chicken Little, needed attention and so he went about creating alarm by providing misinformation about atmospheric conditions—attempting to convince everyone that “the sky was falling.” Since he was one of the few chickens that took it upon himself to forecast, the other chickens in the pen quickly accredited him as an expert and became quite convinced that the Blue Sky Armageddon was upon them. Naturally, the truth eventually became known and Chicken Little became remorseful and repented.

The children’s story resonates in today’s investment world with the analogous warning issued about the practice of holding real estate assets in a self-directed IRA (also referred to as a real estate IRA or IRA real estate by investors). The warning is this: “Don’t invest in real estate because at age 70 ½ you’ll be faced with minimum required distribution and you’ll have an illiquid asset to contend with.” Although it is in fact true that you may end up with an illiquid asset, this statement fails to take into consideration the bigger picture. Let’s take a more realistic view and consider a few important points:

1) No one should have just one asset in his or her IRA to rely upon solely for retirement—consider telecommunication and Enron stocks, the demise of many an IRA;
2) The real estate asset should have been producing a return on investment, for example, rent;
3) A forward thinking person would consider that at 68 the asset should be placed on the market for sale.
4) If a custodian won’t allow such investments stating that they are against IRS regulations, it means only that it is against their policy. This blog response by the IRS (on the IRS site) verifies that custodians can impose their own rules: http://www.irs.gov/retirement/article/0,,id=111413,00.html.

LSay you went into a coma at age 68 and awoke at age 70, told your custodian that you would pay the equivalent tax for the minimum required distribution and took personal ownership of the equivalent value of the asset. Let’s break this scenario down (you can plug your own numbers at http://www.kiplinger.com/personalfinance/php/ira/question.htm):

At age 70 ½, a lot you originally bought for $10,000 is worth $20,000 and it is the only asset in your IRA. The whopping MRD (minimum required distribution) would be $754.52, assuming a 20% tax bracket. Assuming the value of the asset did not increase the portion of the asset allocated to you would 1/26 of the asset. After paying the IRS $150 you would personally own that portion of the asset. Year after year, the process would continue. Alternatively, you could take the entire distribution, paying $4,000 to the IRS, and would then own the entire asset.

Although some still might argue that you would be in a higher tax bracket, keep in mind they are probably the same people that told you that you would be in the lower tax bracket when it was assumed that you had few other assets to rely upon.

There will always be nay-sayers about any investment choice, but a clear understanding of the self-directed investment process and strategy eliminates the fear of risk that can lead to doubt among the uneducated. Educating yourself also allows you to navigate through the influence and directives of organizations who may operate based on their own clearly defined agendas rather than what is in your best interest.

Copyright 2006 © Daniel Cordoba, CEA

About the Author

Daniel Cordoba is a Certified Estate Advisor and Principal of Asset Exchange Strategies, LLC. Asset Exchange Strategies, LLC (http://www.MyRealEstateIRA.com) helps investors gain greater control over their self-directed IRAs.

Rate/ fix my demise/geartown deck?

monsters
Demise, King of Armageddon x2
Blue eyes
ancient gear dragon x2
ancient gear golem x2
ancient gear soilder x2
ancient gear engineer
sonic birdx2
manju of the 10,000 hands
senju of the 1000 hands
green gadget
red gadget
yellow gadget
rocket warrior
spell reactor RE
marshmellon

Good deck. Add 2 more draining shields , 2 more sakuretsu armor , mirror force

hope this helps

armageddon blues – Gary Willis

We who populate this planet have been on a continual quest to understand the future by studying the past. There have been significant events in Earths history that seem to point to a definite and well-defined outcome in the future…..well-defined maybe to those who can “see” future Predictions. For the rest of us who lack End Of The World Prophecy vision, there are numerous sources of information to help us understand (and hopefully avoid the dangers of) End Of The World Predictions of worldwide catastrophe. I have a product review here:2012 End Of The World Predictions