Self-Directed Gold IRAs are great as they allow you to put money into precious metals without having to go through any middlemen. These accounts are so simple , even your grandmother could manage it!
When you buy physical gold, silver, platinum, palladium and Rhodium bars, coins, rounds and bullion, you will receive immediate liquidity. But if you'd like to diversify your portfolio using non-physical assets, then may want to invest in self-directed IRA.
I've put together a comprehensive list of all the advantages of self-directing your IRA. This includes everything from tax benefits to the ease to open an account. Read it below to see why you should consider opening self-directed IRA now!
In conclusion, I'm sure there are many questions you're asking about self-directed IRAs. After all, they're fairly new, and many investors aren't aware of their existence. But if you're keen to get control of your retirement savings, now is the moment to start exploring the possibilities. Self-directed IRAs allow you to make investments in the way you want, without requiring the approval of anyone. Furthermore, since you determine which investments you want to make, you can save hundreds of dollars a year.
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By: Personal Finance Papi
Title: Turn $7,000 a Year into $1 Million TAX-FREE
Sourced From: www.youtube.com/watch?v=wshHS75Srcc
