If you’re like most, you’re disappointed with the returns of your IRA or present 401(k). Or you have an old retirement plan from a previous employer that has been confined to a few mutual funds without any support or guidance. You’re looking to inject life into your stale portfolio and minimize the volatility you’ve experienced in the last ten years. Opening a self-directed IRA will allow you to grab the reigns of your aimless retirement account and make more calculated decisions. A self-directed IRA is no different than any other IRA, but is unique because of its available investment options. A truly self-directed IRA allows you to invest in alternative assets, such as real estate, gold, and many other assets backed secured collateral.
The term “self-directed” simply means that YOU, as the individual account owner, have complete control over selecting and directing your OWN individual retirement investments.
A self-directed IRA allows you to choose where to grow your IRA funds among the myriad of permitted investments, such as real estate and precious metals and many other assets backed secured collateral.