Unlock the Goldmine in Your Retirement: SDIRA Strategies for Maximum Wealth

Welcome to video 1 of the 7-part series on Self Directing your Retirement Account. Prepare to have your eyes opened to the possibilities when you take OWNERSHIP of your retirement.

In this video, Josh introduces the power of Self-Directed Individual Retirement Accounts (SDIRAs) and how they offer more control and flexibility than traditional route. He shares personal examples, including how he used his SDIRA to purchase $1.4 million in real estate and participate in private money lending. Josh explains the basics of SDIRAs and highlights the wide range of investment opportunities they provide, such as real estate, precious metals, and startups.

Josh also debunks common myths about SDIRAs and discusses key rules and regulations investors should know to avoid penalties. He emphasizes the benefits of SDIRAs, such as tax advantages and the ability to invest in what you know, setting the stage for deeper dives into SDIRA strategies and use cases in future videos.

Chapters:
00:00 Intro
1:02 Traditional Retirement Accounts & Limitations
7:07 What's an SDIRA [Self Directed Retirement Account]
14:26 Why is this NOT common knowledge
16:47 Common Myths of SDIRAs
22:57 Benefits of SDIRAs
26:35 Rules & Regulations Overview
34:17 SDIRA Example Use Cases
39:40 What's next in this series

📍Take Ownership of 🫵Your🫵 Retirement

👉 If you found this video helpful, please like, subscribe, and leave a comment with your questions!

► Who does Josh use for SDIRA accounts:
https://directedira.com/joshsmith/ [Ask for Josh discount]

► Message Josh on IG "IRA/LLC Attorney" and he will connect you with the attorney who handles all his IRA/LLC entities.

► Looking to get into real estate and learn/leverage the power of Creative Finance? Join The Subto Community
https://join.nre.ai/mQ9T95z

► Looking for standard business entity setup outside of retirement accounts at an affordable price? Try Prime Corporate Services
https://www.primecorporateservices.co...

Connect with Josh
Instagram:   / joshsmithrei  

➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

#sdira #retirementinvesting #realestateinvesting #financialfreedom #taxadvantageinvestments

🚧🚧🚧 DISCLAIMER 🚧🚧🚧 Josh is not a CPA, attorney, insurance, contractor, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY.