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What else exists that you could be investing your dollars into, other than traditional investments?
How about a franchise, real-estate or even cryptocurrency?
In this episode, Malcolm Ethridge is joined by Patrick Hagen, national director of business development with Strata Trust. The duo discuss alternative investments through self-directed IRAs along with the advantages of using this investment tool and what it really means to be self-directed.
Patrick discusses:
- What a self-directed IRA is and how it works
- What you can invest in when you use a self-directed IRA
- How a self-directed IRA is funded and how long it takes
- The risks involved with using a self-directed IRA
- And more
Related: Building Generational Wealth Through Proper Estate Planning with Elsa W. Smith