Concerned You Won’t Retire In Comfort?
Author: Joshua Geary, Principal, Asset Exchange Strategies, LLC
Buy, hold and pray may not be the best investment strategy for your IRA portfolio in the new millennium!
Traditionally people have considered their retirement 401Ks and IRAs to be like safety nets, rather than wealth builders. However, with the self directed IRA, you no longer need to be satisfied with single digit growth rates. It’s possible to realize phenomenal growth potential outside of the traditional IRA markets. Tripling and quadrupling your IRA's value is not uncommon within relatively short period of time. It will not just happen, however. You must take the control of your retirement portfolio, put in the time and effort, and do your research. The possibilities are endless for those who are prepared to make the investment paradigm shift.
Due to the ups and downs of the stock market, most savvy investors are not as confident as they once were in the old financial planner adage, “ride out the stock market because it is going to go up forever." If you are stuck in that mindset, perhaps reflecting back to the year 2000 jog your memory.
Put your IRA money to work and truly diversify your IRA portfolio with approved alternative investment vehicles. Your banker and broker will not allow you to invest in alternative investments because they want complete visibility and control over your IRA. In the meantime, they (rather than you) are earning fantastic returns on your money. Isn’t it time you take control of your investment?
Fundamentally, what do you need to make the IRA Paradigm shift?
-Sufficient funds in your self-directed IRA.
-Intimate knowledge of a permissible alternative investment strategies for the IRA (such as real estate investing, oil and gas, private equities, purchasing discounted paper, private money lending, or gold investing).
-A self-directed IRA advisor that can share valuable information and advice.
-A low fixed annual fee to pay your custodian, while you maintain full checkbook control at all times. You – not they – issue the checks for managing your investment.
Provided you satisfy IRA regulations on the type of investments allowed for your self-directed IRA funds (real estate is only one of several possibilities) you can take charge of your financial future by turning that IRA into a high-earning instrument.
The IRS position is clear, as defined in their publication # 590: your IRA must be a separate and distinct entity from yourself. Whatever investments you make should benefit your IRA and not you directly. Your self directed IRA advisor will explain the subtleties and refinements of this IRS publication.
It’s your money! If we told you there is approximately $7 trillion dollars sitting in IRAs, but of that amount, only 3% is self-directed, wouldn’t you be curious about how you can be part of that 3% that are enjoying unheard of returns in their retirement accounts?
To learn more about the Self Directed IRA LLC, visit Captuity.com
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