If you have an IRA, or a 401k with a previous employer,
you should covert to a self-directed IRA.
http://www.fool.com/investing/ira/2009/01/08/why-you-need-a-self-directed-ira.aspx
And this self-directed IRA should be invested in an investment LLC that invests in hard assets.
And this LLC needs to be managed by YOU.
http://www.opencurrency.com/ira_misconceptions/
I've been thinking of doing this. I've been thinking of buying two rental properties outright with the cash I've got in an old 401k and IRA. How difficult is it to do? Would it get the attention of the IRS? I really don't want to go through another audit.
We have our IRA’s in our credit union. Will the CU be treated differently than the banks?