Is the Laser Fund Legitimate? How Does It Work?

With so many investment opportunities, it can be difficult to tell which ones are worth your time and which are better left alone. This article explains what it is and how it works for those who haven’t heard of the Laser Fund before.

We shall also determine whether or not it’s a scam to avoid. In our research, we did research on a platform like YouTube and Amazon, and we found that the Laser Fund is legitimate and worth considering if you’re looking to create the foundation for a tax-free retirement. 

How Does It Work?

Before we get into some of our ideas for how you can make your retirement more abundant, let’s take a moment to talk about a recent development in that sector: The Laser Fund. 

This new service is designed to help people get a better return on their investments- it’s essentially an investment fund that lets its members pool their money with others with similar goals and values. This means that investors benefit from the combined experience and knowledge of all the other investors who use the same service. 

They also share the risk, making this type of investment more sustainable than a one-off venture like investing in stocks or bonds. Another cool thing about the Laser Fund is that they do everything electronically. You won’t need to go anywhere or fill out any paperwork to sign up and start investing; they do it all digitally, through online transactions.

What will you learn from Doug Andrew’s (Laser Fund) book?

In this book, you’ll also learn concepts such as:

Build a Solid Foundation

You will learn how to build a solid foundation in chapters 1-3. 

Here are its key points.

• Why do you want liquidity, safety, rate of return, and tax advantages in your financial vehicles
• Fundamentals of taxes and insurance
• What makes a prudent investment

Understand the Nuts-and-Bolts

IN chapters 4-10, you will learn the nuts and bolts.

Here are its key takeaways.

• How The LASER Fund works
• How it plays out in illustrated scenarios
• How does it compare to other financial vehicles

Dive a Little Deeper

You will learn how to dive deeper in chapters 11-14.

Here are its key takeaways.

• How to safeguard your approach
• Why The LASER Fund isn’t the only strategy you want … and how to optimize your portfolio
• Why these proven strategies may be new to you or those you know

So How Can You Tell If A Program Is Legitimate Or Not? 

Follow these steps to find out. 

• Look up company reviews online- do other people have success stories about them? 
• Contact your local Better Business Bureau- what are their records like? 
• Ask around- have any of your friends had to experience them before? 
• Google search Laser Fund scam – what are people saying about it on other websites? 
• What does the organization say about itself? 
• Do they provide evidence for anything (and if so, what kind)? 
• The final step is to decide based on all this information. 

For example, if you’re considering investing, but there’s no evidence from anyone who has used them, then it might be best to avoid investing with them! 

And if someone else says the Laser Fund scammed them, run away as fast as possible! 

On the other hand, if everyone says it’s legit and there are positive reviews online, then go ahead and invest with them– chances are you’ll get a good return on your investment.

What Are The Tax-Free Benefits Of Retirement?

If you earn a salary, you pay taxes on that money. When you invest and save your money in a 401(k) or a brokerage account, those earnings are taxed, too. But for retirees who spend their nest egg all at once, no tax man is hanging around waiting to collect his share of their hard-earned savings. 

This is one reason why retirees’ lifestyles have more financial freedom than yours. You may need the help of your employer’s retirement plan administrator to make sure you’re contributing enough money into a qualified retirement plan to get the full benefit of this exemption. 

The Laser Fund can also guide you on how much to take out during retirement and answer any questions about income taxes from assets outside of retirement accounts.

Why Should Your Retirement Be Tax-Free?

When you think of retirement, your first thought might be tax-free. After all, who doesn’t want tax-free money for which they don’t have to work? The problem is that most people can’t simply retire and then not have any income. There are costs such as health care and housing that must be met. 

But there is a way to make at least some of your retirement income tax-free, if not all of it: Roth IRAs. One of the best ways to save for retirement is through a Roth IRA account. A Roth IRA will allow you to grow your money while avoiding taxes on the amount in the account during withdrawal. 

Withdrawals from this type of account will only be taxed when you take out earnings; contributions come out completely tax-free.

Furthermore, qualified distributions from these accounts may also qualify for certain deductions, which could provide even more savings on taxes.

Is Your Retirement Abundant? Here are 7 Ways to Make it Even More Abundant & TAX-FREE

Congratulations! You’ve officially retired and are on your way to having the best years of your life! As you plan to travel the world and live out your dreams, you might also be wondering what you can do to ensure that you’re financially secure. 

You don’t want to live a frugal lifestyle just because you chose not to save enough during your working years, but it can be hard to know where to start when getting more out of life during retirement. Here are 7 ways to have an even more abundant lifestyle in retirement!

Stay Away From Debt

Debt is a great way to use other people’s money, but that makes it easy for them to control your lifestyle. If you must get a loan, make sure you pay cash or use a low-interest loan like those from Prosper or Lending Club. Stay away from debt, and you’ll have more flexibility in retirement. 

Or consider taking advantage of peer-to-peer lending services such as Upstart, Funding Circle, or Lending Club. These loans come with reasonable interest rates (often lower than what banks offer).

Keep An Open Mind About Rental Properties

Rental properties can provide income and financial freedom during your retirement years. Rental properties can even help you build wealth if purchased in certain areas of town or at certain times of the year. Maybe your dream home will be a rental property.

Find A Hobby That Will Allow You To Earn Money In Retirement

If you’re planning on being an early retiree, chances are you won’t have any hobbies that will make you money.

And even if you do, it may not be enough to pay your bills. So find a hobby that can supplement your income and earn additional cash without putting too much dent in your golden years.

Consider Working On A Part-Time Basis In Retirement

Working part-time is a great way to keep your mind active, earn extra cash, and engage with others in your local community. Some of our favorite places for retirees who want to work part-time include retail stores, restaurants, and libraries. 

Become An Entrepreneur

If you’re bored with retirement and want something new, becoming an entrepreneur might be a good option. Entrepreneurship isn’t for everyone; some people find it overwhelming or too much work. 

But if that doesn’t describe you, then perhaps entrepreneurship is your ideal way of ensuring a prosperous retirement! Plus, the best part about being your boss is that you set your hours and determine the level of success you can have.

Consider Becoming A Long-Term Traveler

Are you looking for a way to live on a reduced budget during retirement? Consider turning your retirement into a multi-year trip around your country or worldwide. 

While you won’t be able to bring all your belongings with you—and might have some new expenses (like plane tickets)—traveling does not have to be expensive. Traveling can often be quite affordable, especially if you go outside peak tourist season and plan well in advance.

Learn New Skills And Gain New Experience

Learning new skills and gaining unique experience doesn’t have to happen only when you’re at work; in retirement, you’ll have more time and freedom to pursue these passions. 

Taking an hour or two each day to learn a new skill is better than never making the time for it. Take classes, read books on topics of interest, and explore online courses and other resources.

Final Thoughts: Is the Laser Fund Legitimate? 

As stated before, Laser Fund is the legitimate way. If you’re looking to retire tax-free, getting help from programs like Laser Fund could be one way. If a retirement fund is something that interests you, consider Laser Fund or similar programs as a way to help achieve your goals.

The post Is the Laser Fund Legitimate? How Does It Work? appeared first on CFAJournal.

from Finance Archives - CFAJournal https://ift.tt/SLQB0R4