Recently the government of India ruled that tourists visiting the country’s monuments must pay in Rupees (local currency). They are no longer accepting the U.S. dollar. This is because the dollar continues to fall which costs a country more in revenue as their dollar continues to rise. What does this have to do with an IRA? Many investors are diversifying their portfolio outside of U.S. dollars as a hedge against the fall of the dollar. Your IRA can be denominated in foreign currency. Log onto The Entrust Group at www.theentrustgroup.com to find an office near you. A self-directed IRA really does give you a “world of choices.”

This entry was posted on Friday, February 1st, 2008 at 8:00 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.