SELF DIRECTED RETIRMENT ACCOUNTS

The term self directed has taken on a life of its own. Some investors may think they already have a Self-Directed IRA - after all, you can choose which stocks, bonds or mutual funds to purchase, right?

A truly Self Directed IRA allows you to invest in a wide variety of assets, not just those in the publically traded markets. In 1974 the IRA was designed to be a self-directed retirement plan that provides tax deferred growth. But somewhere along the way, one of the most important concepts of owning an IRA was lost, the concept of self directing.

There are many different investments, investment beyond the traditional stock market which suit different investors. Many investors have been falsely misled to believe that the stock market is not only the best place but the only place to invest your money.

Rules governing IRAs were not created to constrain investors to stocks, bonds, and mutual funds. With a truly Self Directed IRA your choices go beyond the traditional stocks, bonds and mutual funds. You may be able to invest in such assets as real estate, tax liens, mortgage notes, sports teams, businesses, horses and cows.

As long as the asset purchased is for investment purposes only and does not create a prohibited transaction, the list of non-traditional investments is virtually endless. There are many incredible wealth-building opportunities for your IRA-but Education is Key