The Downside of IRAs: Ryan's Insightful Alternative Strategies and the Best Places to Invest Your Money | Money Moves

Millionaire Mindcast

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4.4 • 716 Ratings

🗓️ 13 September 2023

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of Millionaire Mindcast, the dynamic duo is back. Matty A and Ryan Breedwell jump into this past week's updates on world news, real estate, and market updates. They talked about the downside of IRAs, plus Ryan's insightful alternative strategies and the best places to invest your money. This and more on today's episode, So tune in, and enjoy!

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Transcript

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0:00.0	The reason you have a self-directed IRA generally, and I would say nine times out of 10,
0:05.3	is for real estate. And I think that that is the most common usage of it. The negatives of it
0:10.7	sometimes are overlooked and people just say, oh, look, an investment account I can put real
0:15.8	estate in, boom, that's going to be really good. So that's kind of sometimes where I like
0:19.8	to make sure people understand
0:21.0	that there can be some downsides to self-directing,
0:24.5	and people should just be aware of that.
0:32.4	Good morning, guys.
0:33.4	Welcome into another episode of Money Moves.
0:37.7	As always, your host, Mattie, co-host, Mr. Breedwell, what in do, my brother?
0:42.4	It knows my screen cut off.
0:43.8	It looks like I'm wearing a shirt that just says queen on it.
0:46.0	So I went away.
0:46.5	It has rainbow color.
0:48.0	I was going to thank for the, you switching sides of the plate now?
0:52.6	I love the band.
0:53.4	I love the band.
0:55.5	I love the band. I love the band. I was like, how do you all?
0:58.1	If my boys wearing a queen shirt and we ain't talking about the bank.
1:04.7	I love me a little queen sometimes, man.
1:07.6	I think they're one of the greatest little rock bands.
1:11.0	Everybody loves them.
	...

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