Cryptocurrencies like Bitcoin, Litecoin, Ethereum,Ripple, etc... are all the rage these days and millions of Americans are trying to figure out how to add this new digital currency to a retirement savings portfolio. What’s the big idea with cryptocurrency? The visionary behind Bitcoin, “Satoshi Nakamoto”, remains a mystery to this day. He, or she (or [...]
If you want to buy a rental property but don’t have enough funds for the down payment, there is a simple solution. You can move money from an IRA into a self-directed IRA for real estate investments. Depending how much money you have available in your self-directed IRA, you may want to put down the minimum [...]
A 401(k) is not the end all be all to saving for retirement. In 1974, when the IRA code was written, investing IRA money in other entities became entirely legal. These self-directed IRAs require hiring a custodian or trustee to hold the assets, but allow the holder of the account to invest in a wide variety [...]
I found this video put out by Bloomberg on alternative investing. Jeffrey Sica, founder of Sica Wealth Management, makes some great points here: Alternative Investing is a great way to capitalize on opportunities that banks are leaving behind such as, private lending and small business funding. True Diversification is only accomplished by allocating investments in separate assets [...]
