Buy a Franchise with your IRA without payments or penalties.

I learned something last year I never knew before about franchising. I know it came as a shock to my wife as well. I actually do not know everything! I did tell her about the study I read regarding that housework has a devastating effect on creativity. That anything repetitive will create mental ruts that are hard to drive a creative dune buggy out of. I impressed upon her mind that my creativity’s happiness is essential to her financial security, yea it did not work, but this will.

If you are hungry to take the plunge and buy a franchise or invest in someone else’s big idea, you can do it without taking out a loan or paying any penalties.

It is perfectly legal to use your IRA account to fund it. Yes the government rightly rationalizes, hey if the stock boys can blow a hole through your IRA the size of a dump truck full of money, why not let the actual owner of the cash give it a try on their own?

I had a fantastic interview with Rob Purnell, the Director of Shepherd Capital Partners, to enlighten us on the rules of self funding. This is actually an old law but because the brokers and investment bankers do not get their equity and bond lovin, you never hear about it! I have seen this happen again and again. If the establishment does not have a financial reason to tell you about these great tools, they will bury them in the backyard.

Rob is in the bay area, but he can consult anyone regardless of where they live about the rules. Go to shepherdcapitalpartners.com, and listen to the audio now by clicking the player below. The other option, you will find a podcast you can grab-n-go on the right side bar listed as "Franchise Financing" to listen at the gym.