Less than 2% of American IRA owners have checkbook control of their funds. Why are billions of dollars tied up in money markets, mutual funds, CDs and other non-performing assets?
Stockbrokers, financial planners, bankers, insurance companies and other advisers do not explain the options available to every IRA owner. That is, that the owner can roll his IRA over into an IRA custodian and direct the investments himself into real estate, mortgages, notes, options and other profitable investments. I, along with many real estate investors have been using this self-directed approach for many years after developing the documents and strategies used. I see people doubling the value of their IRA account in a year or two. Returns of 20% to 50% are common by using the power of options.
The safest and most productive place for your investments is in a place that you choose without any person or institution between you and the investment. An investment in the stock market has two dubious and unnecessary people in the loop. A stockbroker paid on commissions and a corporate president and staff paid on short-term performance. There are many examples of broker and corporate failure. Enron, MCI, Lehman Brothers and the like have lost billions for their stockholders.
The stock market is the only game that many people know and they take advice from their broker. In 2010 the stock market is at the same place it was 10 years ago. Investors that have some experience with real estate are exposed to many opportunities that can benefit their IRA.
IRA rules allow direct investment in real estate ownership, mortgages, deeds of trust, options, leases, easements, remainder estates and other instruments. This report will describe the following steps:
- The selection and criteria for an IRA custodian.
- An analysis of trust benefits compared to a LLC.
- A review of the approved trust.
- The approval of your proposed trust by the custodian.
- The process of choosing your trustee.
- The process of setting up the trust bank account
- The procedure to move your funds to the trust account.
- Operating the account within IRA rules.
- Reporting the year-end value to the custodian.
- High return investment strategies.