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Updated over 9 years ago on . Most recent reply

Eric Schrader's profile image
Eric Schrader's profile image
Eric Schrader
  • Engineer
  • from Fawn Grove, PA
  • Member since Oct 11, 2015
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93
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Eric Schrader's profile image
Eric Schrader's profile image
Eric Schrader
  • Engineer
  • from Fawn Grove, PA
  • Member since Oct 11, 2015
Connect
Eric Schrader
  • Engineer
  • Fawn Grove, PA
10
Votes |
93
Posts
Starting Out

Initial investment

Eric Schrader
  • Engineer
  • Fawn Grove, PA
Posted

So like most all investors starting out, I have run into a money problem, but I believe I have several solutions. The most promising is converting my current Brokerage IRA into a Custodial type IRA to used to fund some initial purchases. This will give me about 100k in starting capital. The other options involve gaining access to existing equity in other houses, none of which are mine.

Has anybody worked with the custodian IRAs?  

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