Timeline for Can I open a Roth IRA AND get to choose what companies my money is getting invested into?
Current License: CC BY-SA 4.0
6 events
when toggle format | what | by | license | comment | |
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Sep 7, 2021 at 14:51 | comment | added | JTP - Apologise to Monica♦ | Ben - Indeed. I've seen that phrase to specifically mean an account that opens up other investment types such as real estate. I spent some time reading about the concept of having a Roth IRA put a down payment, get a mortgage, and buy a rental property. It seemed to me there were too many things that could go wrong, but that was when I saw "self directed" | |
Sep 7, 2021 at 14:39 | comment | added | Ben Miller | @mhoran_psprep "Self-directed IRA" is one of those terms that can mean different things to different people. I have removed the term from my answer to avoid confusion. | |
Sep 7, 2021 at 14:37 | history | edited | Ben Miller | CC BY-SA 4.0 |
reworded to remove the controversial term "self-directed IRA"
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Sep 5, 2021 at 11:53 | comment | added | mhoran_psprep | All IRAs are self directed. You can direct the money in the IRA to a index fund, or a actively managed fund, or an ETF, or individual investments. Or any combination of those options. The presence of a financial advisor is not linked to the place you park the IRA. | |
Sep 4, 2021 at 15:10 | comment | added | JTP - Apologise to Monica♦ | You addressed the type of investment (socially conscious) and the fact that IRA gives choices the OP didn't quite understand... and got a DV. Rolling my eyes on your behalf, and a +1. | |
Sep 4, 2021 at 11:29 | history | answered | Ben Miller | CC BY-SA 4.0 |