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Updated about 5 years ago on . Most recent reply

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28
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18
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Jonathan Pacilio
  • Real Estate Agent
  • Fort Mill, SC
18
Votes |
28
Posts

30k self directed IRA ideas

Jonathan Pacilio
  • Real Estate Agent
  • Fort Mill, SC
Posted

Hey BP community, I am looking for some creative ideas on what investment vehicles you would explore and try with 30k in a self directed IRA this year.

I am already building a STR portfolio and have separate funds for that. Have a LTR portfolio that is what it is and bores me.

Looking to have a little fun with this amount that might provide me to get solid returns but allow me to learn some new skills working with a new product/avenue.

Any ideas out there? What would you do?

Thanks in advance!

Jonathan

Most Popular Reply

User Stats

283
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255
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Dave DeMarinis
  • Lender
  • Santa Rosa, CA
255
Votes |
283
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Dave DeMarinis
  • Lender
  • Santa Rosa, CA
Replied

I'm not a financial advisor, etc. and all the rest of the disclosures, but given you are invested in it - I'm assuming you want to have the tax deferred account. Given that, I would stick to what you know best in your Self Directed IRA. Once you get the funds in there, it doesn't make sense to experiment/learn on something that is more likely to result in loss of principal (since it is new/you are learning). I'm not saying this regarding the risk profile of the suggestions, I'm saying it relative to your knowledge and experience. I totally agree with and support expanding and learning, I just wouldn't allocate that in my retirement accounts.

My soap box aside, I personally invest in loan/note funds and in my SDIRA. I do this for three reasons.

1. I know this area very well 

2. The asset investment is the most tax inefficient of my desired investment areas, so I put it in my tax deferred account where that doesn't matter

3. I'm really conservative on self dealing, etc. with my retirement accounts so I don't risk doing anything that could some day be considered active by me - the funds are the best way I've found to do that.

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