A self directed retirement account can expand the options and control of a diverse minded individual.
Non-traditional investing with saved funds is not as hard to accomplish as one might think. In fact, as long as you have a self directed account established, you may use it to your advantage to increase the diversity your portfolio.
Alternative Asset Investing with Self-Managed Funds Is Almost Unlimited
When you have a self-managed retirement account set up it is actually easier to name what you can’t invest in, rather than try to figure out all the choices you have. With this special type of savings strategy you are not only allowed to make typical investments that most other retirement accounts allow, such as stocks, mutual funds, and bonds, but you are also presented with a long list of additional options. These include:
- Real Estate: With a self directed retirement option you can buy actual physical properties, whether it is commercial or residential. This is in direct contrast to standard plans and ROTHs that only allow you to buy real estate investment trusts, or REITs.
- Rare Earth Metals: Using this type of alternative investment strategy, you can buy specific types of physical gold and other types of precious metals. Standard and ROTHs will allow you to buy stock in gold mining companies and even allow for investing in gold stock mutual funds, but generally speaking, they will not allow for physical metals of any kind.
- Tax Certificates: Using a self directed arrangement; owners can buy liens as a buy, hold and profit retirement investment. These tax liens allow further diversification and are just one more option to be explored.
- Other Investments: Partnerships, LLCs, and even franchises can be invested into with funds from an account. As long as the rules are followed, there is almost no limit to what you can do.
Write a Check
Perhaps, the best part of these types of arrangements is that they allow investors to make investments anytime, anywhere. This is done with checkbook writing privileges and makes investing in on the spot a breeze. There is no need to seek permission from any custodian as these types of accounts are, as they sound, truly self directed. So, any specialized knowledge that you may have with regards to investing can be put to use with more flexibility as well as with more expediency making alternative investing with hands-on funds the best way for many to go about preparing for their retirement.
For more information on alternative investing with qualified programs, call 877-339-4559.