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.
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.