3 Tips For IRA Investors Who Want Checkbook Control But Don’t Know Where To Start

Have you heard people talking about taking control of their own investments with their IRA money?  Would you like to choose your own investments?  Not just stocks and bonds or index funds.  Traditionally, IRAs have been invested in the stock and bond market or money market funds and ETFs.

Some of the large brokerages that provide IRAs say that you, the IRA owner, have control and can choose your IRA investments.  But the choices they give you are among their fund offerings only.  The IRA and QRP (qualified retirement plan) market are enormous, but only a tiny percent of investors has discovered SELF-DIRECTED IRAs and 401(k)s.

And even among them, comparatively few have dug up information on SELF-DIRECTED IRA CHECKBOOK CONTROL.  This is where YOU really get to run the show! 

But, the big questions are—

“How do I do this?” 

“How do I set up ‘Checkbook Control’ of my own IRA money? 

“Why is this good for my IRA/401(k)?”

IRA money can be invested in almost anything!  There are a few investments that are not allowed for IRAs, but the available choices are far greater than you can imagine. Alternative investments galore.

Imagine that you would prefer to be invested in real estate, notes, options, or start-up companies instead of the securities market. But your IRA custodian does not offer or allow these investments.  Your hands are tied.

But are they really?  You can start taking control of your own IRA money and investments today.  All you need is a quick step-by-step guide, and especially one that does not try to sell you on one custodian company or upsell you as soon as you sign up.

The first 3 things to do are:

✅ Find a friendly custodian that will help you get started.  CLICK HERE for your guide to how to find this gem of a custodian. 

✅ Start looking for a smaller regional or local bank where you can actually talk to someone and set up a working relationship.  (We’ll tell you why in a future post!)

✅ And think ahead to who you will be and what you will need financially when you are 72 and need to take IRA distributions.  Imagine your “future self.”  (Much more on that in later posts!)

CLICK HERE TO LEARN MUCH MORE ABOUT TAKING CONTROL OF YOUR IRA INVESTMENTS THE EASY WAY.