Self-DirectedGold IRAs are fantastic as they let you place your money in the precious metals without having to work with middlemen. Actually, these accounts are so simple that even your grandmother could set it up!
If you purchase physical gold, silver platinum, palladium, and Rhodium bars, coins, rounds and bullion, you get instant liquidity. However, if you wish to diversify your portfolio through physical assets, you might want to consider investing in self-directed IRA.
I've put together a comprehensive listing of the advantages that you can get from self-directing an IRA. This list covers everything from tax benefits to how easy it is to establish an account. Read it below to find out why you should think about opening an self-directed IRA today!
In the end, I'm sure you've got questions regarding self-directed IRAs. After all, they're fairly recent, and many investors aren't aware of their existence. But if you're ready to control your retirement savings, then now is the ideal moment to look into these options. Self-directed IRAs let you invest your money however you'd like, without needing the approval of anyone. Furthermore, since you determine the investment you'd like to make you'll save thousands of dollars per year.