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To: Obama_Is_Sabotaging_America

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/


15 posted on 03/26/2013 9:13:17 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: MrB
And this self-directed IRA should be invested in an investment LLC that invests in hard assets.

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.

23 posted on 03/26/2013 9:55:38 AM PDT by old and tired
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To: MrB

We have our IRA’s in our credit union. Will the CU be treated differently than the banks?


26 posted on 03/26/2013 10:11:20 AM PDT by raisincane (November 6, 2012 - I'm announcing my retirement at work; becoming a taker.)
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