How to use Retirement Funds for Investing
@Amanda Han, I could use your help here...Meanwhile BP Nation, I need to know if it would be wise to move my money from a simple IRA to a Self-Directed IRA. I listened to Amanda's Podcast show #49 and it just seems to make sense. let me know what you think
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@Christopher Bannister I have used self direction for real estate for over 2 decades. I come from a real estate back ground. I always think you should be in control of your investments but also knowledgeable in your investments. I liked self direction so much I started a company to administer SDIRAs. I’ve never looked back and found real estate to be lucrative in tax advantaged plans. Invest in things you know and understand and if you need an SDIRA for that then get one. Many clients diversify and have both brokerage iras as well as SDIRAs. They are not mutually exclusive. Good luck.