Creating Wealth Real Estate Investing - Archive Episodes 301-400

CW 355: How Self-Directed IRA Ignorance Ruins Retirement Dreams with Jeff Desich CEO of Equity Trust


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The statistic that only two percent of the IRA market chooses the self-directed option might not be especially exciting to the average citizen, but the stark reality behind that bland number should make anyone with retirement dreams sit up and take notice. Join host Jason Hartman as he interviews Jeff Desich, CEO of Equity Trust, on episode #355 of The Creating Wealth Show. For the past 15 years Jeff has dedicated his professional life to providing educational tools about the best way to open and maintain a self-directed retirement account.

What’s the big deal about self-directed Individual Retirement Accounts (IRA) accounts and why aren’t more people doing it? According to Desich, the simple answer is that Wall Street brokerage firms are willing to spend millions of advertising dollars peddling their second rate investment products, while the majority of Americans remain in the dark about how to create a real estate portfolio inside an investment account that offers the realistic possibility of doubling or tripling the return on investment offered by traditional stocks and bonds.

Desich’s firm, Equity Trust, is the largest custodian of self-directed retirement accounts in the United States, with a 25 percent market share. Follow the link below to access their free online Real Estate Success Kit, which offers a step-by-step blueprint about how to get started with a self-directed account. Long time podcast listeners will notice how Desich’s approach to investing dovetails nicely with the third commandment of Jason Hartman’s 10 Commandments of Successful Investing (Thou Shalt Maintain Control).

Jason devotes the opening monologue to a discussion of exciting and cutting-edge topics like alternative currencies and Julian Assange of WikiLeaks, both of which – among many others – are set to be presented at the upcoming Meet the Masters of Income Property Investing educational event. You can find more information at JasonHartman.com(Image: Flickr | StockMonkeys.com)

In This Episode:                                                   

– Who is eligible to open a self-directed IRA?
– What are the key personality traits for self-directed investment success?
– How to create wealth by “embracing the fragmentation” of the real estate market.
– What can you invest in with a self-directed retirement account?
– Why you should pay attention to the IRS Dirty Dozen list
– The danger of creating an LLC inside an IRA
– Your one-stop shop to learn how to get started quickly

Quick Links:

www.TrustETC.com/offer/053

www.JasonHartman.com/events

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Creating Wealth Real Estate Investing - Archive Episodes 301-400By Jason Hartman with Ben Carson, Noam Chomsky, Robert Kiyosaki, John McAfee, Brian Tracy, John Sculley, Thomas Sowell, Pat Buchanan, Jim Rogers, John Gray, Harry Dent, Bill Ayers, Steve Forbes, Daniel Pink, Todd Akin, Meredith Whitney, Denis Waitley