Self-Directed Gold IRAs are fantastic because they let you place your money in the precious metals, without having to deal with any middlemen. Actually, these accounts are so simple , even your grandmother could use them!
When you purchase physical silver, gold, palladium, platinum and rhodium coins, bars, rounds, and bullion, you get instant liquidity. But if you'd like to diversify your portfolio with other assets that aren't physical, then you should consider investing in a self-directed IRA.
I've prepared a thorough list of all the advantages to self-directing your IRA. It includes everything from tax advantages to how easy it is to establish an account. Look it up below and see why you should consider opening an self-directed IRA immediately!
In conclusion, I'm certain you have questions about self-directed IRAs. In the end, they're relatively recent, and many investors aren't even aware of their existence. But if you're keen to get control of your retirement savings, now is the time to explore the possibilities. Self-directed IRAs permit you to put your money where you want, without requiring approval from anyone else. Furthermore, since you determine the place where your money is invested you'll save thousands of dollars per year.
By: TD Ameritrade
Title: Traditional and Roth IRAs | Simple Steps for a Retirement Portfolio Course
Sourced From: www.youtube.com/watch?v=Z3I8TPYn4Z0