Updated about 6 years ago on . Most recent reply
Self-directed IRA or not
I'm trying to figure out if using an IRA makes sense.
Hypothetical situation:
$5,000 to invest
Yearly gain 10% = $500
Yearly IRA fee (Fundrise) = $125 or 25% of yearly gain
That seems like a hefty fee. Would that be made up over time with the tax benefits?
Should I not consider a self-directed IRA with less than $10k to invest, due to the fees?