Diversification through Self-Directed IRAs

Many of the richest people in the world have earned their wealth through real estate,  it is estimated that 80 percent of the world's wealth is held in real estate and is owned by less than 20 percent of the population Everyone wants to  retire comfortably and most of us have IRAs that typically invest in stocks and bonds. But a  decades-old form of investing is gaining in popularity as people search for creative ways to buy real estate. A self-directed IRA or IRA LLC enables you to choose what you would like to invest your money in -- raw land, single-family homes, condominiums, apartments   Despite a slow national real estate market, a recent survey showed real estate is the No. 1 choice for self-directed investors, Washington-based  Guidant Financial Group conducted a survey of nearly 1,000 self-directed IRA holders and found that nearly 65 percent of the respondents said they were considering property as an investment for their retirement savings Nearly 60 percent chose rental property, more than 36 percent chose foreclosures and preforeclosures and more than 28 percent chose raw land. The process of setting up a self-directed IRA or IRA LLC can seem overwhelming, so this week we spoke with have  Doug Miller, Senior Consultant with the Guidant Financial Group. Doug has coached thousands of clients on the self-directed industry using qualified experts to guide you through the process. Guidant Financial Group is the premier provider of self-directed IRAs helping people  to make investments in real estate, franchises, businesses, tax liens and more by accessing their retirement accounts without penalty before retirement age This Week's Real Estate Insight: If you understand real estate investing, a self directed IRA with real estate in the portfolio can be a great investment decision.