Most Americans invest their retirement money in traditional assets, mainly stocks, bonds, mutual funds, and CDs. Unfortunately, these types of assets often don’t keep pace with inflation and are not designed to provide stable monthly income. This week’s episode is about to change all that!
Today, I sit down with Amanda Holbrook who is the Vice President of Business Development at Specialized IRA Services. Amanda and I discuss what a self-directed IRA is, how to use it, why to use it and the tax benefits of using it for investments. Amanda goes through the steps on how to use a self-directed IRA using a real-world investment scenario and the returns you can get while not having to pay Uncle Sam.
Tip of the Day:
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