Archive for July 2008

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Self Directed IRA

So you have an IRA, either traditional or Roth. It is with a broker like Charles Schwab. All they will let you invest in is mutual funds, stocks, bonds etc. In other words THEIR products. They have no interest in you taking YOUR money out and investing it in other assets such as real estate, [...]

Is it legal?

The question everyone seems to ask is “is this legal?”. Can I run my own pension plan? The simple answer is Yes. The slightly more complete answer is Yes, as long as you follow the rules.
Before we get into what you can do let me break down the major categories so we can discuss them [...]