Mary was a student in the “Real Estate Riches” program in Philadelphia in early 2008 as the real estate market “bubble” was beginning to burst. As she saw real estate prices declining, she decided to move her IRA from the stock market to CamaPlan, so she would be ready to purchase an investment property. She sold her stock and transferred the proceeds to her CamaPlan IRA account. She incurred no penalties or taxes, and CamaPlan took care of the necessary recordkeeping and made the process simple. As real estate prices continued to fall, she could not find a deal right away. When the stock market crashed in October, she was relieved to know that her hard-earned cash was safe in her FDIC-insured account with Cama – she had incurred no loses due to the market problems. In addition, she was not paying an annual maintenance fee for her Cama account. As a rule, Cama will never charge fees for cash-only accounts. We want to emphasize the importance of performing the proper due diligence before making any investment decisions.

Mary continued to educate herself and use her Real Estate Riches program training. Before long, she was able to locate two positive cash-flowing real estate investments. At one of the RER follow-up meetings, she thanked Carl Fischer personally for being there and shared with the group that the only reason she was able to buy two investments was because she had not lost money in the 2008-2009 stock market meltdown. She felt as if she had gotten two investments for the price of one. She admitted she was lucky with the timing, but without the CamaPlan educational information she received, she may not have been ready to invest when the great deals did come her way. Remember, your CamaPlan account can purchase almost anything – from real estate, to precious metals, to tax liens and mortgages. The IRS clearly identifies which investments are prohibited, so take care to familiarize yourself with the list (it is short!) Take control of your financial future and use your knowledge and expertise when choosing your investments. If you are not sure of what to invest in right away, spend some time in our Academy – take a class, listen to a webinar, and talk with like-minded investors to get ideas flowing.

You can access our Resource Center for more educational opportunities here.