The intent of this blog is to share information relating to:
- Self-Directed IRAs
- Solo 401(k) plans
- Private investments
- Raising capital
- Making your money work for you
- Taking control of your investments
In 2003, I started what grew into the IRA Association of America, an educational nonprofit association dedicated to providing the most comprehensive educational materials on the aforementioned subject matter. Over the past several years, I have been working to integrate all of the relevant information into a format that makes sense and minimizes misinformation.
In a nutshell, I’ve spent 5 years helping some people invest with their self directed IRA/401k. I don’t run 401k or IRA accounts for anyone, I just enable people to run their accounts themselves without limitations on investment choices. The investment decisions are always up to the accountholder, so I’ve done a lot of watching, and believe it or not my conclusion is:
Most self directed IRA/401k investments involve common, avoidable mistakes.
Future posts will aim to to spotlight these avoidable mistakes as well as offer alternative solutions that have helped to make self directed investing safe, effective, and profitable for those who’ve used them.