Liberating your IRA
Jul 8th, 2008 by Kevin
As traditional markets continue to struggle, the word about alternative options for IRA investment is starting to spread. Investors just like you are waking up to realize that the people that you are paying to manage your IRA money at the banks or large brokerage houses aren’t doing much to protect your nest eggs. You can see a couple of our previous posts on the topic of Using IRA’s for non traditional investments such as offshore investments:
- Using IRA Dollars for Offshore Investment (Dec 07)
- More on the Power of Self Directed IRA’s (May 08)
I came across yet another good resource - an audio recording recently on this topic from International Living. It was a recording from May 2008 with a group of International Living Readers. It was great validation on the process we use here at Coastal Dreams Worldwide. The one interesting item that the speaker raised was the variety of different things his clients had used their IRA’s to purchase. People are amazingly creative sometimes. Self directed IRA’s are not witchcraft or extremely complicated but is not something you will find on a how to document at your local IRA shop so its important to collect as many different data points as possible. Please enjoy, and if you are interested in learning more about how we have done it from an investors viewpoint contact us.
Additionally, if you are in the Boise Idaho area, we will be giving a presentation at the local Entrust office (A self directed IRA company) on the topic of using IRA’s to invest in offshore real estate. The event will be held at noon on July 29th so mark your calendar! For more details see the entrust events calendar. I will also try and get either a voice recording or potentially video as well for the rest of our readers.
