What is the difference between a traditional IRA and a self-directed IRA? Kirk Chisholm of Innovative Wealth, and a regular panelist here on the Money Tree Investing Podcast, says “There’s no technical difference. It’s more of a marketing language that people use”. “The self-directed IRA came about years ago as a way to distinguish between an IRA that’s investing outside of the stock market versus an IRA that’s investing in more traditional investments.” Kirk should know. Self-directed IRAs is his specialty. Listen as Joseph Hogue learns more about these interesting and unique investment options and then joins our panel to discuss the “red lights” of what to look out for. For more information, visit the show notes at http://moneytreepodcast.com/237
Today on the Trading Justice podcast we invite Kirk Chisholm of Innovative Wealth. Kirk is a seasoned vet and has some incredible nuggets of gold for our listeners. Episode 294 has topics ranging from current market climate and thoughts on the direction of the market in the future. Then we have another great session of Coaches Mailbag and Clown of the Week. Here’s to a new guest and a great episode, enjoy! Intro: Tim Justice 1:47: Feature Presentation 42:52: Coaches Mailbag 1:08:32 Clown of the Week
On this show, we talked about self-directed IRA’s, Alternative Investments and why it’s important to perform due diligence before making investment decisions with Kirk Chisholm, Principal and CoFounder of Innovative Wealth, top Financial Advisor and frequent contributor to top media outlets. Listen to learn the common mistakes people make which can have dire financial consequences!
For the Difference Making Tip, scan ahead to 18:25.
You can learn more about Kirk at InnovativeWealth.com, Twitter, Facebook, and LinkedIn.
Click HERE for the list of the top 75 Alternative Investments.
Please subscribe to the show however you’re listening, leave a review and share it with someone who appreciates good ideas. You can learn more about the show at GeorgeGrombacher.com, or contact George by clicking here.