Maybe a self directed IRA can provide you with some options. You can still invest in a variety of venues all with varying degrees of risk.
It is not true that self directed accounts require more work on your part, but since you are making the investment calls you might want to acquire solid information and knowledge about your investment options before you send your dollars to them.
Of all the investment options, real estate arguably offers the least risk. It is stable and generally increases in value. Land, office buildings, and personal residences will always be in demand.
Keeping this in mind you might want to include some community based real estate and tax experts as your business advisors. A good account custodian who has experience with self directed account real estate investing is definitely an asset.
Remember that the standard employer IRA investment package generally produces low rates of return and that someone, somewhere is making decisions about how your dollars are being invested.
What are the chances that your employer will still be in business next year?
What is the chance that your employer will switch from one IRA provider to another?
You can sit back and let someone else make your investment choices for you.
The self directed IRA account will put you in charge of the decision making.
If you like this option, but the extra work doesn’t appeal to you, consider a turnkey company that will perform all the tasks for you and guarantee you substantial returns as well.
Time to get going?
Real estate is a good investment and now is a good time to invest in real estate despite the current economic conditions, so take the time to learn.
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