Using Self-Directed IRAs to Invest Outside the Stock Market
How to Invest in Alternative Investments
In this episode, we explore the basics of self-directed IRAs and how they work. Discover the wide range of alternative investments you can make, from hotels and self-storage units to real estate and even businesses.
Self-directed IRAs are less complicated than they seem and align perfectly with my philosophy of investing beyond the stock market into real estate and alternatives. Join me as I break down the essentials and show you how to diversify your investment portfolio.
We cover:
Impact of tax status on control over IRA funds
Overview of alternative investments not available through traditional custodians
Comparison of costs between traditional and self-directed IRAs
Time Stamps
00:22 Understanding Self-Directed IRAs
01:01 Alternative Investments Explained
01:35 Custodians and Their Roles
04:24 Self-Directed IRA Companies
07:32 Fees and Fraud Considerations
11:18 Conclusion and Final Thoughts
Disclaimer: The information provided in this podcast is for general informational purposes only and should not be construed as professional financial advice. Always consult with a qualified financial advisor or professional before making any financial decisions. The hosts and guests of this podcast are not responsible for any actions taken based on the information presented.