Self-DirectedGold IRAs are great as they allow you to make investments in gold and other precious metals without having to work with middlemen. They are so simple that your grandma could do it!
If you purchase physical silver, gold palladium, platinum and the rhodium coins, bars rounds and bullion you'll have immediate liquidity. But if you want diversify your portfolio by investing in other assets that aren't physical, then you may want to invest in self-directed IRA.
I've compiled a complete list of all the advantages in self-directing the IRA. It includes everything from tax advantages to the simple process to open an account. Check it out below and learn why you should consider opening an self-directed IRA today!
In conclusion, I'm certain you've got questions regarding self-directed IRAs. After all, they're fairly recent, and many investors aren't aware of their existence. If you're looking to get control of your retirement savings now is the perfect opportunity to investigate them. Self-directed IRAs let you make investments in the way you'd like, without needing the approval of anyone. Furthermore, since you determine the place where your money is invested it can save you hundreds of dollars a year.
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By: One Minute Economics
Title: Investing in Gold with an IRA, 401k, TSP, Roth IRA or Other Retirement Plan Explained in One Minute
Sourced From: www.youtube.com/watch?v=KQtrZZeA_pQ