Self-Directed gold IRAs are fantastic as they allow you to make investments in gold and other precious metals, without having to deal with any middlemen. These accounts are so simple that your grandmother could set it up!
If you purchase physical gold, silver, palladium, platinum, Rhodium bars, coins, rounds, and bullion you'll have immediate liquidity. But if you'd like to diversify your portfolio through other assets that aren't physical, then you should consider investing in an IRA that is self-directed. IRA.
I've compiled a complete list of all the benefits that you can get from self-directing an IRA. It includes everything from tax benefits to how simple it is to open an account. Take a look below and see why you should consider opening a self-directed IRA now!
In the end, I'm sure that you're pondering self-directed IRAs. After all, they're fairly newand a lot of investors don't even know about their existence. But if you're ready to control your retirement savings, this is the best time to explore these options. Self-directed IRAs permit you to spend your money as you'd like, without needing permission from any other person. And because you choose where your money goes they can help you save hundreds of dollars a year.
By: Investing Wise Academy
Title: How to Start a Roth IRA with $1000 (Start to Finish)
Sourced From: www.youtube.com/watch?v=tOfYxSGavLg