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SOVEREIGN MAN

Your IRA: What to do right now

Maximizing the flexibility of your retirement account is an enormous untapped area of Low Hanging Fruit for US investors.

In fact, this might be the single easiest thing you can do right now to grow your retirement assets while shielding them from the lost decade yet to come.

With a properly structured, self directed IRA, you can gain complete control over your retirement funds, and, according to IRS rules, invest in anything other than collectibles and life insurance so long as there is no self-dealing involved.

You can invest in:

– Gold that you store in your home
– Foreign real estate
– Gold stored securely overseas
– FOREX, hard money loans, Options, Stocks & Bonds

And of course much more…

The structure is simple.  You invest your IRA funds in a special LLC.   You’re appointed the Manager of the LLC and direct the activities of the LLC whether that be buying farmland in Argentina, a condo in Panama City, a Perth Mint certificate, or a big pile of gold coins to be stored in an Austrian vault.

There are rules, of course.   Everything needs to be set up properly, so don’t proceed without consulting an expert.

The good news is that setting up this structure isn’t rocket science and once you do it you’ll be glad you did.

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Update: Spring 2010 — Friend of Sovereign Man and noted Economist, Terry Coxon, just released an e-book called Unleash Your IRA. In our opinion, structuring your IRA properly is something you should do right now and Terry’s guide explains how to do everything step by step.

Our goal is simple: To help you achieve personal liberty and financial prosperity no matter what happens.

If you liked this post, please click the box below. You can watch a compelling video you’ll find very interesting.

Will you be prepared when everything we take for granted changes overnight?

Just think about this for a couple of minutes. What if the U.S. Dollar wasn’t the world’s reserve currency? Ponder that… what if…

Empires Rise, they peak, they decline, they collapse, this is the cycle of history.

This historical pattern has formed and is already underway in many parts of the world, including the United States.

Don’t be one of the millions of people who gets their savings, retirement, and investments wiped out.

Click the button below to watch the video.

About the author: Simon Black is an international investor, entrepreneur, permanent traveler, free man, and founder of Sovereign Man. His free daily e-letter and crash course is about using the experiences from his life and travels to help you achieve more freedom.

Comments on this entry are closed.

  • Maureen Murphy

    I like Sovereign Man even better! On your recommendation, I just purchased A Lodging of Wayfaring Men for my Kindle.

  • Arlean

    Simon, you are providing exceptionally good information and have from the start. This is what has made you stand out for me–quality. You are providing information that is hard to come by and I should know. I’ve been learning some of this the hard way for the past four years! Many thanks. Arlean

  • Andrew

    Simon, over the last year I have been steadily liquidating our IRAs because it appears our government has no relunctance to change the rules, ignore its own laws, or otherwise do whatever it wants when it grows desperate to seize value from whomever is subject to its machinations – mostly middle-class taxpayers and their progeny. I fear that sooner or later, with little or no warning, Congress or the Executive will do so with regard to the as-yet-untapped pool of 401Ks, 403Bs, and Roth and Traditional IRAs. Do you believe such fear is unfounded? Thank you for your articles.

    • Arlean

      Andrew, I didn’t mention in my previous post that I too liquidated over several years for the same reason. I did not know at the time that I could invest my IRA in so many ways. However, I am probably MUCH older than you. But I think many people have these same concerns.

      • Andrew

        Thank you, Arlean, for your reply. Actually, I’ve logged a good many miles, having retired in 98 from an engineering career and then teaching English at a local high school for more than 9 nine years. Regarding Traditional IRA’s, I do not understand what advantage one would gain by placing under their shelter such assets as bullion or real estate, which yield no dividends or interest and incur no capital gains taxes until they are sold. In fact, depending on one’s marginal income tax bracket, the Traditional IRA may actually be disadvantageous, inasmuch as distributions are taxed as ordinary income, rather than as capital gains. Correct me if I err. Furthermore, IRA’s afford absolutely no privacy. Finally, on a more esoteric level, I find it increasingly repugnant to continue participating in a rigged game, accepting illusory favors, or otherwise lending sanction to, and interacting with, the dragon any more than I absolutely must. Regards.

  • http://www.myrchoice.co.cc Raja Hafify Zaed

    It is great to learn plenty of stuff here. About business, about lifestyle. Simon, keep up the good work.

  • Steve Ko

    I called them– very knowledgeable guys… thanks Simon for pointing out this low hanging fruit and giving us a great solution.

  • Rick G

    Has anyone considered liquidating their Trad IRA prior to age 59.5 years? What are the penalties? I also assume the government will want to tap the savers and give it to the non producers. I am in my mid 50’s and am considering cashing in my IRAs as I imagine the marginal tax rate will be quite high by the time I can withdraw from the IRAs. Any ideas?

  • Marlon

    Investing through an IRA can be a powerful tool. Our company has sold investors the best safe haven asset currently available, which was purchased by them using self directed IRAs. We provide a guaranteed, default proof receivable (cash flows), which return about 8% annually to the investor. We would like to offer our product to similarly situated individuals in the Asian market, although our primary goal right now is to establish a credit line with an institutional investor.

    • Stuart

      please provide contact info

  • http://www.acecapital.com/Testimonial.htm Ace Capital Group

    great stuff, it helped out a lot!!

  • charles phelps

    How to hold gold offshore without gov. intervention.

  • Robert

    I don’t know if it due to good fortunate or the fact that I moved around quite bit when employed with larger companies. Regardless, I started and kept moving my 401-k savings into a roll over IRA with a major brokerage house that continues to offer trading of securities, bonds and commodities including gold and silver, etc. which I have taken full advantage of. In my experience most professionals not involved in the financial industry either don’t have the time or interest in studying outside of their area of expertise. Hopefully that will change as financial survival is very much in a our own hands and not that of employers. There are many great services available online for fees of course that can help in understanding trends and alternative investments. Thanks for delving into this topic.

    Robert

  • Vincent Scott

    Simon,
    I emailed the folks at checkbook IRA and mentioned Sovereign Man and asked about a discount but they did not respond except to quote a $2500 price. Is this the discounted price? I will probable use their service at $2500 anyway since I can save a lot of tax money because I invest in the commodities markets now and can’t do it in my current IRA. But less expensive by way of a discount is always better!!!
    Thanks for all your emails. Great info that is useful, helpful and important.
    Vince Scott

  • Vincent Scott

    Talked to Jordan and all is good. The normal price is $3000 and we get a $500 discount.
    Vince

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