That way, you can save money and avoid wasting precious resources year after year.

If that resonates with you then maybe you will justify why precious metals make sense to you.

@Keenon MoormanFollowing are the similarities and differences between the solo 401k and the self-directed SEP IRA.The Self-Directed SEP IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both are for the self-employed;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions; andBoth are prohibited from investing in assets listed under I.R.C. 408(m).The Self-Directed SEP IRA and Solo 401k DifferencesIn order to gain SEP IRA checkbook control over the self-directed SEP IRA funds, a limited liability company ( IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your SEP IRA;The Solo 401k may be invested in life insurance;The self-directed SEP IRA may not be invested in life insurance;The solo 401k business owner can serve as trustee of the solo 401k;The self-directed  SEP IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from SEP IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an SEP IRA or 401k to a self-directed SEP IRA, the amount deposited into the self-directed SEP IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;The fair market value (FMV) of assets held in a self-directed SEP IRA is reported on form 5498;The fair market value of assets held in a solo 401k are reported on Form 5500-EZ;At termination, the solo 401k is required to file a final Form 5500-EZ and 1099-R; andAt termination, the self-directed SEP IRA is only required to file a form 1099-R.

I went to school for geology before I joined the family business🤦🏼‍♂️ do not use it at all except my wife my jewelry and I will help her identify stones sometimes.

Stocks, bonds, real estate, different asset classes even within real estate, precious metals, and cash.  

The wholesaler simply walks away from a failed deal, where as the seller has wasted precious time and could be seriously harmed if they needed the proceeds from the sale to pay other debt obligations.  

Precious!

This is why I take my precious time to post these comments to keep others from making mistakes that have already been made :)

Brand new hinting rifle, three computers, TVs, tons of real jewelry, etc.

Things like jewelry, artwork, and collectibles have limited protection under the plans provided by Airbnb.