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Reason: None provided.

The only way to get true control over retirement account assets is to have a 401k that has an independent custodian, which allows any investment that is not strictly prohibited.

The way to do this is:

(1) Set up your own small business. Does not matter what type of business. Just make sure it has a few hundred dollars in revenue.

(2) Your new company (which you own) sets up a 401k plan, for you as the sole employee.

(3) You then roll over your IRA (and any other 401k) to your new 401k.

(4) The new 401k with independent custodian can invest in anything that is not specifically prohibited (can invest in stocks, gold, cryptos, real estate and can even use mortgage financing that IRA's cannot do without paying a tax penalty).

(5) Ideally, have the 401k own a single-member LLC, and use the LLC for investing. That way, you don't have to involve the 401k custodian every time you want to do something with the investments.

These guys have a great website for info, and can set things up (for a reasonable fee):

https://www.solo401k.com/

Article on the IRA-to-401k rollover:

https://www.nerdwallet.com/article/investing/rollover-ira-to-401k

How to buy precious metals the smart way (by one of the smartest men on the planet):

https://www.youtube.com/watch?v=K5qrKVASvEw

2 years ago
1 score
Reason: None provided.

The only way to get true control over retirement account assets is to have a 401k that has an independent custodian, which allows any investment that is not strictly prohibited.

The way to do this is:

(1) Set up your own small business. Does not matter what type of business. Just make sure it has a few hundred dollars in revenue.

(2) Your new company (which you own) sets up a 401k plan, for you as the sole employee.

(3) You then roll over your IRA (and any other 401k) to your new 401k.

(4) The new 401k with independent custodian can invest in anything that is not specifically prohibited (can invest in stocks, gold, cryptos, real estate and can even use mortgage financing that IRA's cannot do without paying a tax penalty).

(5) Ideally, have the 401k own a single-member LLC, and use the LLC for investing. That way, you don't have to involved the 401k custodian everytime you want to do something with the investments.

These guys have a great website for info, and can set things up (for a reasonable fee):

https://www.solo401k.com/

Article on the IRA-to-401k rollover:

https://www.nerdwallet.com/article/investing/rollover-ira-to-401k

How to buy precious metals the smart way (by one of the smartest men on the planet):

https://www.youtube.com/watch?v=K5qrKVASvEw

2 years ago
1 score
Reason: None provided.

The only way to get true control over retirement account assets is to have a 401k that has an independent custodian, which allows any investment that is not strictly prohibited.

The way to do this is:

(1) Set up your own small business. Does not matter what type of business. Just make sure it has a few hundred dollars in revenue.

(2) Your new company (which you own) sets up a 401k plan, for you as the sole employee.

(3) You then roll over your IRA (and any other 401k) to your new 401k.

(4) A 401k with an independent custodian can invest in anything that is not specifically prohibited (can invest in stocks, gold, cryptos, real estate and can even use mortgage financing that IRA's cannot do without paying a tax penalty).

(5) Ideally, have the 401k own a single-member LLC, and use the LLC for investing. That way, you don't have to involved the 401k custodian everytime you want to do something with the investments.

These guys have a great website for info, and can set things up (for a reasonable fee):

https://www.solo401k.com/

Article on the IRA-to-401k rollover:

https://www.nerdwallet.com/article/investing/rollover-ira-to-401k

How to buy precious metals the smart way (by one of the smartest men on the planet):

https://www.youtube.com/watch?v=K5qrKVASvEw

2 years ago
1 score
Reason: Original

The only way to get true control over retirement account assets is to have a 401k that has an independent custodian, which allows any investment that is not strictly prohibited.

The way to do this is:

(1) Set up your own small business. Does not matter what type of business. Just make sure it has a few hundred dollars in revenue.

(2) Your new company (which you own) sets up a 401k plan, for you as the sole employee.

(3) You then roll over your IRA to the 401k.

(4) A 401k with an independent custodian can invest in anything that is not specifically prohibited (can invest in stocks, gold, cryptos, real estate and can even used mortgage financing that IRA's cannot do without paying a tax penalty).

(5) Ideally, have the 401k own a single-member LLC, and use the LLC for investing. That way, you don't have to involved the 401k custodian everytime you want to do something with the investments.

These guys have a great website for info, and can set things up (for a reasonable fee):

https://www.solo401k.com/

Article on the IRA-to-401k rollover:

https://www.nerdwallet.com/article/investing/rollover-ira-to-401k

How to buy precious metals the smart way (by one of the smartest men on the planet):

https://www.youtube.com/watch?v=K5qrKVASvEw

2 years ago
1 score