No. of Recommendations: 1
Self directed IRA means that you make your own choices on where to invest the assets in your IRA. You may do your own research, or take the advice of various analysts. Broker often provide access to free research. Many suggestions are available on the internet and elsewhere.

You may open a self directed IRA at almost any qualified custodian, but usually you would choose a mutual fund (if you like their mutual funds) or a broker, preferably a discount broker, if you want to do a mix of stocks and mutual funds. Of course you can also do bonds, preferred stocks, and CDs within a typical brokerage account, and most are suitable for an IRA.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.