One of the best ways to fund your own leasing company is with your IRA or 401(k).
Earnings generated by your leasing company owned by your tax-deferred retirement accounts accumulate tax free.
With annual earnings of 15% and the miracle of compounding, your investment capital would double every 4.8 years.
Check out the Forbes 400 list of the wealthiest people. Very few people got on this list by turning their money over to a money manager and hoping for the best. Most of these wealthy individuals succeeded by investing in real estate and their own businesses.
When you invest your retirement accounts into your own leasing business, you are investing where you already have knowledge and control.
From Abigail Van Buren
“Don’t settle for less than your potential. Remember, average is as close to the bottom as it is to the top.”