Landlife 85: What is a Self-Directed IRA?
John Bowens is one of the most sought-after and respected educators in the self-directed IRA industry. As Director, Head of Education and Investor Success at Equity Trust Company, John draws from his 20 years in the real estate industry and his experience as an active real estate investor. In his travels across the U.S. and virtually, he has trained 60,000 investors during more than 400 workshops and classes, spreading the message about the power of building tax-free wealth and leaving a lasting legacy by investing in what investors know best. In addition to thought leadership in the industry, John has also directed teams in both the front-office and back-office operations with Equity Trust, focusing on the custody of various alternative assets, including but not limited to, real estate, notes, private equity, precious metals, and much more.
John contributed to the book “Self-Directed IRAs: Building Retirement Wealth Through Alternative Investing” with Equity Trust Company Founder Richard Desich, Sr., and has appeared on several national real estate and finance-related radio shows, including the Rich Dad Radio Show.
He received his bachelor’s degree in Finance from Ohio University. John’s holds the Certified IRA Services Professional (CISP) designation through the American Bankers Association.
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Landlife 85: What is a Self-Directed IRA?
For individuals who want to take control of their retirement savings and invest in a wider range of assets beyond the traditional stocks, bonds, and mutual funds, a Self-Directed IRA (SDIRA) can be an excellent option. The Landlife 85 platform offers a Self-Directed IRA to help investors diversify their portfolio and potentially achieve higher returns for their retirement.
So, what exactly is a Self-Directed IRA? In simple terms, it is a retirement account that allows individuals to make their own investment decisions. Unlike traditional IRAs, which are typically limited to stocks, bonds, and mutual funds, a Self-Directed IRA gives account holders the freedom to invest in alternative assets such as real estate, precious metals, private equity, and more.
With a Self-Directed IRA through Landlife 85, investors can take advantage of the platform’s user-friendly interface to easily manage their investments and track their portfolio performance. The platform also provides access to a wide range of alternative investment opportunities, allowing individuals to explore different options and diversify their retirement savings accordingly.
One of the key benefits of a Self-Directed IRA is the potential for higher returns. By investing in alternative assets that have the potential for growth and income, account holders can potentially achieve better results compared to traditional investment options. Additionally, diversifying one’s retirement portfolio with alternative investments can serve as a hedge against market volatility and provide a level of protection for one’s savings.
Another advantage of a Self-Directed IRA is the ability to invest in assets that account holders are knowledgeable and passionate about. This could include investing in real estate properties, businesses, or other alternative investments that align with an individual’s expertise and interests. By leveraging their expertise in a specific area, investors may have a higher likelihood of success and potentially generate greater returns for their retirement.
It’s important to note that while a Self-Directed IRA offers flexibility and the potential for higher returns, it also comes with certain risks and responsibilities. Account holders must be informed about the rules and regulations governing Self-Directed IRAs, including prohibited transactions and IRS guidelines for alternative investments. Additionally, due diligence is essential when considering alternative investments, as thorough research and understanding of the potential risks are crucial for making informed investment decisions.
In conclusion, a Self-Directed IRA through Landlife 85 can be a powerful tool for individuals who want to take a more active role in managing their retirement savings and explore alternative investment opportunities. By diversifying their portfolio with alternative assets, investors can potentially achieve higher returns and create a more robust financial future for their retirement. However, it’s important for individuals to educate themselves and seek professional advice to ensure they comply with the rules and regulations governing Self-Directed IRAs and make sound investment decisions.
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