3 Best Investments for Military Families by Rani Jarkas

 


Serving in the military doesn’t afford much free time, which can make it tough to research and choose the best investments. Here are three of the best investments for military members provided by Rani Jarkas. 

 

1. Federal Thrift Savings Plan

The Thrift Savings Plan (TSP) is a qualified retirement plan that provides a low-cost, tax-advantaged way for federal employees and service members to invest. You can select your own mix of investments, from a short-term U.S. Treasury bond to index funds to a life-cycle fund, the last of which automatically rebalances your assets as you near retirement.

 

2. Savings Deposit Program

The U.S. Department of Defense’s Savings Deposit Program (SDP) gives deployed military personnel serving in designated combat zones a guaranteed 10% annual return on deposited amounts of up to $10,000. To qualify, you must be receiving Hostile Fire Pay and be deployed for either 30 consecutive days or at least one day per month for three consecutive months. You continue to earn 10% interest for 90 days after you redeploy home, unless you request to withdraw your money sooner.

 

3. Real Estate

Real estate can be an excellent way to diversify and achieve higher returns. The tradeoff is that it involves more risk (and effort) than lower-risk investments. Still, real estate investments offer numerous advantages, including tax benefits and ongoing passive income. A common way to invest in real estate is to buy a house and convert it into a rental property (some service members buy property near their bases to make managing the rentals easier).

 

Service members also have access to programs that, while not investments, can save you money. For example, the VA Home Loan program offers mortgages with no down payment, low interest rates, limited closing costs, and no need for private mortgage insurance (PMI).

 

You can trust the integrity of Rani Jarkas’ balanced, independent financial advice, who is a highly experienced and accomplished financial services executive, with over 23 years of international banking experience with Cedrus Investments.

Comments

Post a Comment

Popular posts from this blog

Rani T Jarkas – Build Robust and Scalable Websites

A well-designed website playsan important role to build up the company’s image and reputation apart from delivering information and serving the users. Building a robust and scalable website is the foundation to further construct modern website with ability to grow modules and functions. Rani T Jarkas said that a scalable website means every application or piece of infrastructure in a system can be expanded when the load increases.To be more understandable, let’s suppose your web application gets exposed on a popular website and the traffic directed to your website increases all of a sudden. Then the key question here is whether your website infrastructure is able to handle such great amount of traffic? Here is the moment when scalable web applications standout. They ensures that it can scale up to avoid crash. Crashing pages are definitely the last thing you would like to see when faced with extra traffic. In other words, a company shall always be prepared for a continu...
Read more

How Financial Advisors Benefit Their Clients?

Financial advisory service is a comprehensive and critical component of the financial system. A qualified financial advisor help clients take the stress out of setting and prioritizing goals, and map out clear strategies for achieving them. Therefore, a professional financial advisor can benefit his/her clients in many ways. Led by the highly experienced financial services executive Mr. Rani Jarkas , Cedrus Investments is a global boutique investment firm, specialized in Financial Advisory Services, Private Wealth Management and Asset Management. Cedrus’ Financial Advisory Services offer a full suite of complimentary services to its clients and enhance their corporate value through: -     Raising Capital for companies from Cedrus diverse pool of top-tier institutional investors from around the globe; -     Increasing a company’s visibility with appropriate investors; -     Diversifying client’s shareholder bases; -  ...
Read more

Types of Financial Services Available at Rani Jarkas’ Firm

Cedrus Investmentsis a global boutique investment banking firm founded by Rani Jarkas over seventeen years ago, specializing in asset management and financial advisory services. Cedrus has extensive experience and a global network in the life sciences industry together with cross-border transactions track record in geographies, including China, Australia, Asia, U.S., and Europe.   Cedrus Investments is strategically headquartered in Hong Kong and with offices prudently located in Shanghai, Beijing, Shenzhen, Jakarta, Hainan and Zurich, Cedrus is able to meet the needs of its diverse international client base.   Cedrus’ financial advisory service business provides a full range of international corporate transactions and services, including raising capital, listing on foreign stock exchanges and providing advisory services to publicly-traded and privately-held emerging growth companies with innovative technologies.   Cedrus’ private wealth management offers priv...
Read more