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, a boutique financial services firm that specializes in allowing clients to self-direct their retirement, education, health savings and 401(k) accounts into alternative assets.
There is so much to learn in this episode whether you are a new investor or a seasoned investor. 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.
If you have a 401K sitting around from an old employer and want to see double-digit returns, instead of looking at the measly $5 per month you may be making, check out this episode today!
Click here to tune in!
Tip of the Day:
[spp-tweet tweet=”You don’t know, what you don’t know. -Amanda Holbrook”]