I recently read an article in the Wall Street Journal that suggested some ways to build diversity with a 401(k).

The article suggested you have an IRA to hold assets that you cannot manage in your company 401(k). By holding these alternative assets in a traditional or Roth IRA, you reduce the risk of the dollars of the 401(k) being invested in funds that they select, leaving the employee 401(k) exposed to down markets of stocks and bond funds.

I agreed with most of the article, at least until it got to the point of funds. Why not totally control your IRA portfolio instead of yet another investment manager who is “voting on your hard earned money”?

With a truly self-directed IRA, you select the investment directly and get the rewards for doing so. There are over 40 different types of alternative investments one can utilize for continued growth in an IRA. Visit The Entrust Group web site for more information.

Maybe there are people out there who want to turn their last dime over to another party who will never be as concerned about your retirement as you. If you are like me and want to take some control of your financial future, look into the self-directed IRA. After all, it is your money.

This entry was posted on Monday, September 17th, 2007 at 4:33 am and is filed under Self-Directed IRA. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.