Truth 13. Self-directed IRAs
Boring is not necessarily a bad thing when it comes to investing. Some of the most profitable investing over time is done through index mutual funds, which provide steady growth and low fees. Many people invest in the usual stocks, bonds, and mutual funds in their IRAs, and there is nothing wrong with that. However, IRA investments are in no way limited to these conventional investments. Subject, of course, to some rules and limitations of the IRS, there is a world of intriguing investments available for your IRA, including real estate, stocks and bonds of privately owned companies, private jet leasing, race horses, oil wells, gold, silver, platinum, palladium bullion (whatever that is), stock options, ...
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