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There are many auctioneers out there. What makes them all different? A professional benefit auctioneer is going to have his own style, his own way of doing things that conveys his attitude. The way guests at a benefit auction perceive him is very dependant on his style. You are making him a spokesperson for your nonprofit organization; make sure he represents you well.

The professional benefit auctioneer is an entertainer, and should look and dress the part. Even a livestock auctioneer, selling in a dusty barn full of stinky cows, should look like a professional — in boots and a cowboy hat, of course. The audience has an expectation to go with every auction specialty and benefit auctions are no exception. Benefit auctions are an event not just a sale and the guests are there for a fun night out. Continue reading ‘Benefit Auctioneer Qualities – Number 4 Style’ »

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Everyone knows that the first quarter of 2009 turned out to be the scariest time for a stock investor. Most of people lose their money in the stock market. And now, they are afraid to invest more money in the stock market. But investing is no longer optional for Americans.

Today, everyone must invest. You must invest if you are to reach for your dreams, if you are to have the life you want. You must invest in case you lose your job or become divorced or widowed or want to educate your children. And, of course, you must invest to have the money to do the things you want to do in retirement. Successful investing requires a plan and a strategy

If you are just starting out
Discipline with your plan is the key factor. Set up a plan to invest a certain amount of money each month. Take it from your paycheck if you can. You can do it with a tax-deferred plan like a 403 (b) plan. It works particularly well for young people because the money is deducted from your paycheck before you ever see it. This is a great time to get started as an investor because the market has gone through such an extensive housecleaning. Time is on your side, and time is an important measure of wealth. Continue reading ‘Avoid Making Mistakes and Invest For Success’ »

IRA Investing: The Dos and Don’ts

Anyone who starts a Roth IRA and invests in an IRA will find that they have hundreds of options that are available including even a precious metal IRA. Investment choices include investing in stocks, mutual funds, bonds, derivatives, gold coins and real estate. Most people have a financial advisor who will advise them what is the best IRA and where to invest their money. It may be difficult to make these investment decisions, especially if the investor wishes to hold the investment in an IRA retirement account. Regardless of the available choices to the client, the CPA should be aware of all possible investments.

Since traditional IRA account investments are the most common, all CPAs are aware of these. The question is whether they are aware of investments that are outside of the country or involve real estate. Your CPA will need to know if these are viable investments for an IRA and whether they can be made legally. There are many of these types of questions that are not answered. There is plenty of information regarding distribution limits and deduction limits, but other issues are seldom addressed. Continue reading ‘IRA Investing – The Rules’ »