This means you can take advantage of investing in alternative assets - such as real estate, limited partnerships, and gold - with your self-directed retirement account.
Opening a self-directed retirement account gives you the freedom to invest in almost any type of asset - meaning you have more flexibility in the amount of risk you take on and more potential for a higher rate of return.
Put your knowledge and expertise of a particular industry or niche to good use. Make investment decisions based on what you know and understand to grow your retirement savings.
The ability to diversify your portfolio by investing in alternative assets such as real estate and precious metals can act as a hedge against market fluctuations and volatility.
Investing over time in a self-directed IRA that allows for tax-deferred or tax-free growth can significantly affect future wealth positively.