Jim Hitt, CEO of American IRA-A National Self-Directed IRA Provider ...

Jim Hitt, CEO of American IRA-a national self-directed IRA provider, speaks about the historically low savings account interest rates and offers expert opinion! CNN Money reports ?Higher yields on savings? It will be awhile? Jim Hitt shares some little-known solutions available to everyone with a retirement account.

This report from CNN is one of many recent reports which clearly point to the fact that people need to ?take action? in order to build savings for their retirement years. In fact, CBS Philly reports that a recent survey shows 40 Percent of Americans have $500 or less in savings. Jim Hitt interjects, ?I speak to many folks who are scared about not having enough to survive on during their retirement years. I tell them all that having a good plan and being prepared is the key to eliminating that fear. I firmly believe that self-directed IRAs and self-directed 401(k)s are the solution. People have got to take control! Sitting on those savings accounts and hoping they grow is like incubating an alligator egg and hoping a chicken hatches.?

Here?s what people need to know?self-directed IRAs and self-directed 401(k)s allow people to take control of what their IRA and 401(k) invest in. The options are wide open. People can invest in Real Estate, Private Lending, Precious Metals, Limited Liability Companies, Self Storage Units, and much more.

A great example is a client who loaned $300,000 from their Real Estate IRA to an individual who needed funds to purchase a large self storage facility valued at $400,000. They agreed on a 6% interest only loan with a balloon payment due in 5 years. After 5 years, the client had collected $90,000 in interest and the investor paid back the principal amount of $300,000.

A $90,000 profit in 5 years is a great return for the client and the investor was able to purchase a self storage facility that they otherwise would not have had the funds to purchase. This is just one example of how individuals can make those retirement accounts grow.

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Source: http://www.americanira.com/2012/resources/jim-hitt-ceo-american-ira-a-national-self-directed-ira-provider-speaks-historically-savings-account-interest-rates-offers-expert-opinion/

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'Paranormal Activity 4' earns $29M at box office

The latest chapter in the "Paranormal Activity" saga didn't capture as much attention at the box office as previous films.

Paramount's "Paranormal Activity 4" debuted at No. 1 with $29 million, a big drop from the $40 million and $50 million opening weekends of the past two installments.

The top 20 movies at U.S. and Canadian theaters Friday through Sunday, followed by distribution studio, gross, number of theater locations, average receipts per location, total gross and number of weeks in release, as compiled Monday by Hollywood.com are:

1. "Paranormal Activity 4," Paramount, $29,003,866, 3,412 locations, $8,501 average, $29,003,866, one week.

2. "Argo," Warner Bros., $16,445,475, 3,247 locations, $5,065 average, $43,011,964, two weeks.

3. "Taken 2," Fox, $13,260,870, 3,489 locations, $3,801 average, $105,832,339, three weeks.

4. "Hotel Transylvania," Sony, $13,001,434, 3,384 locations, $3,842 average, $118,522,389, four weeks.

5. "Alex Cross," Summit, $11,396,768, 2,539 locations, $4,489 average, $11,396,768, one week.

6. "Sinister," Summit, $8,815,475, 2,542 locations, $3,468 average, $31,735,643, two weeks.

7. "Here Comes the Boom," Sony, $8,407,201, 3,014 locations, $2,789 average, $23,131,529, two weeks.

8. "Pitch Perfect," Universal, $6,756,430, 2,660 locations, $2,540 average, $45,516,778, four weeks.

9. "Frankenweenie," Disney, $4,329,358, 2,362 locations, $1,833 average, $28,238,779, three weeks.

10. "Looper," Sony, $4,202,687, 2,223 locations, $1,891 average, $57,842,819, four weeks.

11. "Seven Psychopaths," CBS Films, $3,273,480, 1,480 locations, $2,212 average, $9,161,472, two weeks.

12. "The Perks of Being a Wallflower," Summit, $2,153,247, 745 locations, $2,890 average, $9,123,872, five weeks.

13. "End of Watch," Open Road Films, $826,809, 751 locations, $1,101 average, $37,895,571, five weeks.

14. "Trouble With the Curve," Warner Bros., $729,354, 925 locations, $788 average, $34,084,572, five weeks.

15. "Atlas Shrugged: Part II," Atlas Distribution, $613,889, 945 locations, $650 average, $2,859,980, two weeks.

16. "The Master," Weinstein Co., $520,677, 412 locations, $1,264 average, $14,738,213, six weeks.

17. "House at the End of the Street," Relativity, $468,298, 746 locations, $628 average, $30,782,862, five weeks.

18. "Brave," Disney, $421,577, 277 locations, $1,522 average, $235,044,709, 18 weeks.

19. "The Dark Knight Rises," Warner Bros., $359,509, 345 locations, $1,042 average, $446,764,067, 14 weeks.

20. "Student of the Year," Eros International, $326,508, 106 locations, $3,080 average, $326,508, one week.

___

Online:

http://www.hollywood.com

___

Universal and Focus are owned by NBC Universal, a unit of Comcast Corp.; Sony, Columbia, Sony Screen Gems and Sony Pictures Classics are units of Sony Corp.; Paramount is owned by Viacom Inc.; Disney, Pixar and Marvel are owned by The Walt Disney Co.; Miramax is owned by Filmyard Holdings LLC; 20th Century Fox and Fox Searchlight are owned by News Corp.; Warner Bros. and New Line are units of Time Warner Inc.; MGM is owned by a group of former creditors including Highland Capital, Anchorage Advisors and Carl Icahn; Lionsgate is owned by Lions Gate Entertainment Corp.; IFC is owned by AMC Networks Inc.; Rogue is owned by Relativity Media LLC.

Source: http://news.yahoo.com/paranormal-activity-4-earns-29m-box-office-221142185.html

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Jennifer Esposito Slams Producers Of ?Blue Bloods?

Jennifer Esposito Slams Producers Of “Blue Bloods”

Actress Jennifer Esposito has blasted producers of her hit show “Blue Bloods” after she was put on leave of absence due to her medical problems. [...]

Jennifer Esposito Slams Producers Of “Blue Bloods” Stupid Celebrities Gossip Stupid Celebrities Gossip News

Source: http://stupidcelebrities.net/2012/10/jennifer-esposito-slams-producers-of-blue-bloods/

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Will Teacup Cats Become a Disastrous Celebrity-Spawned Pet Trend?

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Exec says he never heard man was Spears' manager

FILE - In this Feb. 11, 2012 file photo, singer Britney Spears arrives at the Pre-GRAMMY Gala & Salute to Industry Icons with Clive Davis honoring Richard Branson in Beverly Hills, Calif. Testimony has opened in a defamation lawsuit against Britney Spears' parents, with a top record executive, Barry Weiss, saying on Monday, Oct. 22, 2012, he was never told that plaintiff Sam Lutfi was her manager. (AP Photo/Vince Bucci, file)

FILE - In this Feb. 11, 2012 file photo, singer Britney Spears arrives at the Pre-GRAMMY Gala & Salute to Industry Icons with Clive Davis honoring Richard Branson in Beverly Hills, Calif. Testimony has opened in a defamation lawsuit against Britney Spears' parents, with a top record executive, Barry Weiss, saying on Monday, Oct. 22, 2012, he was never told that plaintiff Sam Lutfi was her manager. (AP Photo/Vince Bucci, file)

FILE - In this Friday, Oct. 19, 2012 file photo, Britney Spears' parents, Lynne Spears, left, and Jamie Spears arrive at court in Los Angeles. Testimony has opened in a defamation lawsuit against Britney Spears' parents, with a top record executive, Barry Weiss, saying on Monday, Oct. 22, 2012, he was never told that plaintiff Sam Lutfi was her manager. (AP Photo/Nick Ut, File)

LOS ANGELES (AP) ? A top recording executive testified Monday that he was Britney Spears' "lifeline" during the darkest days of her well-documented meltdown and never heard that she had a new manager named Sam Lutfi.

Barry Weiss, who headed Jive Records, the label on which Spears recorded, said his only contact from Lutfi in 2007-08 was when Weiss asked him for assurance that Spears would be on set to record a music video for her "Blackout" album.

"Britney was pretty erratic at the time," Weiss testified during trial in a defamation lawsuit brought by Lutfi against Spears' parents.

Lutfi claims he was Spears' personal manager and deserves millions as his share of her income during that period.

The defamation suit stems from the way Lutfi is depicted in a book written by Spears' mother that detailed the star's meltdown.

The trial took an early recess Monday and will resume Tuesday.

Conservators of Spears' estate, including her father, Jamie, who was in court, contend that Lutfi was never her manager but was simply a user who inserted himself into Spears' life and preyed on her vulnerabilities.

Weiss told of working closely with her former personal manager, Larry Rudolph, but said he was never told Lutfi had assumed the role.

"Sam Lutfi never introduced himself or came in for a meeting. He never discussed records or a record contract," Weiss said.

"He helped us get a video made," Weiss acknowledged. "He was trying to keep Britney on the set."

But in the end, Weiss said he saw Lutfi's role as a "gofer ... like a personal assistant."

Weiss said the singer would discuss with him the album's packaging, choice of a single record and creative matters normally discussed with a manager.

"There was no manager involved," Weiss said. "She was estranged from her family. I felt I was a lifeline for her. She was texting me constantly from her cellphone."

Weiss said that he had known Spears since she was 16 when he signed her for a contract with Jive Records.

"She's a superstar, a household name in every country in the world," Weiss said.

On cross-examination by Lutfi's attorney, Weiss said Spears' current contract requires one more album. Weiss said he has been in talks to persuade Spears to join him at his new label.

"It would be nice to be back together, if that happened," he said.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2012-10-22-Britney%20Spears%20Trial/id-5a363d8051df4e3fbed306a13dc1dbba

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South Korean activists float leaflets into NKorea

SEOUL, South Korea (AP) ? South Korean activists floated balloons carrying tens of thousands of anti-Pyongyang leaflets into North Korea, eluding police who had disrupted an earlier launch attempt due to threats from North Korea.

North Korea's military warned last week that it would strike if the South Korean activists carried through with their plan, and South Korea pledged to retaliate if it was attacked.

South Korean police, citing security concerns, had sent hundreds of officers Monday to seal off roads and prevent the activists and other people from gathering at an announced launch site near the border. Residents in the area were also asked to evacuate to underground facilities, according to local official Kim Jin-a.

Later in the day, some of the activists, mostly North Korean defectors, moved to another site near the border that was not guarded by police and launched the balloons. They had described the police response as a surrender.

South Korea's Defense Ministry said there were no suspicious activities from North Korea's military.

Before acting Monday, the South Korean government had implored activists to stop their campaign but had cited freedom of speech in not making further attempts to intervene. South Korean activists have sent leaflets across the border in the past, and North Korea has issued similar threats to attack without following through.

Seoul's Yonhap news agency reported Monday that the ban on entering the border area was imposed as South Korea detected that North Korea had uncovered artillery muzzle covers and deployed troops to artillery positions in possible preparation for an attack. Yonhap cited no source for the information.

Defense Ministry spokesman Kim Min-seok told reporters North Korea was believed to have acted in line with carrying out its threat. He declined to elaborate on the North's army movement as that was confidential military information.

He said South Korea had bolstered its military readiness following the North's threat and would "strongly" retaliate if attacked.

The activists said they floated balloons carrying about 120,000 leaflets critical of North Korea's young leader Kim Jong Un and his country's alleged human rights abuses. They said they wanted to let North Korean people know the true nature of their country.

"We could not delay our plans to send anti-North Korea leaflets because it is our love toward our northern brothers," the activists wrote in a statement posted on the website of Seoul-based Free North Korea Radio, one of civic organizations involved in the leafleting.

Lead activist Park Sang-hak had said the ban on entering the border area was tantamount to yielding to Pyongyang's threat.

"It's surrender. It's clearly surrender," he said.

The top U.S. envoy on North Korea urged Pyongyang to stop issuing destabilizing threats.

"It is grossly disproportionate to have threatened to respond to balloons with bombs," Glyn Davies told reporters in Beijing after meeting with Chinese officials.

China, the North's main ally and biggest aid source, welcomed South Korean efforts to quash the balloon-flying and urged all parties to exercise restraint.

"As a close neighbor to the peninsula, China supports dialogue and discussions between North Korea and South Korea in resolving relevant issues, opposes any action which may heighten tension, and firmly opposes military conflicts on the peninsula," Chinese Foreign Ministry spokesman Hong Lei said at a daily media briefing. "We hope the parties involved will stay calm and restrained."

Ties between the rival Koreas were badly strained after two deadly attacks blamed on North Korea killed 50 South Koreans in 2010.

The Korean Peninsula officially remains at war because an armed conflict in the 1950s ended with an armistice, not a peace treaty.

The latest flare-up in tensions comes as almost all the regional players are consumed with domestic politics. Elections are being held or are expected soon in South Korea, the United States and Japan, while China's Communist Party is in the midst of transferring power to a younger generation of leaders.

__

Associated Press researcher Zhao Liang contributed to this report from Beijing.

Source: http://news.yahoo.com/south-korean-activists-float-leaflets-nkorea-003326201.html

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