Switching to SDIRA, finding sponsors and getting into MF
I wanted to know your thoughts on this. I was thinking of moving close to $200k from an old 401k account into SDIRA. I’m not much familiar with SD custodians. Only one I know is Speciaized trust company. Do they vary a lot in structure or fees ? Are there any other reputable custodians that I should look at ? My main goal in doing this is to find a reputable sponsor to invest with solid long term returns. That brings to my next question, which is finding a good sponsor and MF investment with good returns. Do you guys recommend anyone in particular . I’m familiar with Matt Faircloth, Jake and Gino, Corey Peterson and few others.
I’m also looking to get into Jake/Gino’s coaching program. I have reached out to Corey Peterson to get into his boardroom but haven’t heard back yet. I have 100k in cash I plan to start with (I know it’s not much) to reach my goal of 4 to 5k/month in cash flow in next 2 to 3 years.