5 Surprising Things You Can Buy in a Self-Directed IRA
A self-directed IRA is a form of individual retirement account that is designed to allow investors to diversify their retirement assets beyond what is typically offered by brokerage firms. Here's a brief overview of what a self-directed IRA is and a few examples of what you might be able to invest in using this type of account.
A self-directed IRA is a type of retirement account that is legally structured like a traditional or Roth IRA. The same annual contribution limits and potential tax advantages apply.
However, in a self-directed IRA, account owners can invest in things other than what most IRA custodians offer. While traditional and Roth IRA investors are generally restricted to stocks, bonds, mutual funds, CDs, and similar investments, a self-directed IRA has many possible investment choices. Here are just a few of the most common things you can buy in a self-directed IRA.
Source: Fool.com
