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Updated over 6 years ago on . Most recent reply
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Note investing strategies for retirement using an IRA or 401-K
Can any of you please share your investment strategies for retirement by using/purchasing Reperforming or performing notes in your IRA or 401-K?
Is anyone purchasing performing notes one at a time via the exchanges to build a retirement nest egg? I'm just curious to know what other's out there are doing to build their retirement portfolio using performing notes.
Best regards,
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- Fund Manager
- Wayne, PA
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Outside of my note business, my wife and I have retirement accounts that hold a portfolio re-performing notes. I've probably been building this up for over 15 years now with with a variety of notes (1st liens, 2nd liens, private money deals, etc).
Not much strategy to adding re-performers though, it can be pretty cut and dry. I guess the best advice is to have them in servicing of course. Makes it easier to be compliant and is beneficial not only for me but for my heirs.
I also lend money out of these accounts to trusted financial friends for their real estate deals (and they do the same for me). It can be a good way to tap into each other's retirement funds.