Last week, I held a three and a half hour seminar talking about Self Directed IRAs. I talked about the normal stuff you talk about at a seminar — Who I am, why am I qualified to be here telling you this, and, oh yes, the subject matter.
We talked about what an IRA is, the different types, and a whole list of alternative investments that can be done in your IRA. We also talked extensively about making sure you don’t run afoul of the Prohibited Transaction Rules.
But the main message that I really hope everyone went away with is this.
If you have Specialized Knowledge in a particular area that lends itself to being an investment — Real Estate, for instance — combining that knowledge with the power and flexibility of a Truly Self Directed IRA can be one of the greatest wealth building tools on earth!
Now go get that specialized knowledge and rock your world!