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Self-Directed IRAs Explained (& Why They're Gaining Traction) | Morris Invest

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Self-directed IRAs are gaining popularity, and for good reason. In this video, I'm explaining self-directed IRAs, their benefits, and how you can decide if a SDIRA is right for you.

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What a Self-Directed IRA Is
A self-directed individual retirement account is a more flexible version of a traditional IRA. A self-directed IRA, or SDIRA, allows many more investment types than a traditional retirement plan. A SDIRA provides the investor with more control over their investment vehicles, and is not restricted to the standard IRA investments such as stock, bonds, and mutual funds. A SDIRA allows for a variety of investment options such as rental real estate, digital currencies, precious metals, and more.

How to Gain More Control with Your Retirement
When you invest inside of a self-directed IRA, you will have control over your investment decisions. There's no company or broker telling you what to buy. You can invest as you see fit, based on your experience, knowledge, and financial goals. If you're financially intelligent, having control over your life savings is wiser than having a random company employee make the decisions for you, and investing in a Self-Directed IRA makes that possible.

How to Know If a Self-Directed IRA Is Right for You
SDIRAs are best for those who wish to have more control over their portfolio. When your retirement is locked inside a 401k or traditional IRA, someone else is in control of your finances and your future. Plus, the stock market dictates how much money is left in your account at retirement time. If you want control over your retirement, a SDIRA would be a good fit.
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About Clayton Morris:
As a financial news host and real estate investor, Clayton Morris believes that everyone has the right and the ability to achieve financial freedom – and works to help others to know how to do so. Clayton founded Morris Invest that builds portfolios for their clients and guides them through the buying process, ensuring cash-flowing investments. In his podcast, Investing in Real Estate with Clayton Morris, he offers specific and actionable ways to have financial security and to build a meaningful life. Clayton Morris co-hosts Redacted with his wife, Natali, bringing you news you won’t hear on major networks.

Website- https://morrisinvest.com/
LinkedIn - https://www.linkedin.com/company/morr...
Twitter - https://twitter.com/Morris__Invest
Facebook - https://www.facebook.com/MorrisInvest
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.

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