Building Wealth With A Self Directed IRA As Simple As 123

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Author: Paul Counts

Article source: http://www.articlealley.com/. Used with author's permission.

Over the next 15 years, "baby boomers" will be looking for places to invest about $46 trillion from a combination of inheritance and their own qualified retirement plans, such as a 401k from a former employer.

Every major brokerage house and bank in America is well aware of the potential to earn enormous incomes from fees and commissions "helping" to place this money in secure investments. But, individuals who understand the power of utilizing Self Directed IRAs are in the best position to take advantage of this incredible transference of wealth.

Many "boomers" are looking at starting their own business and need investment capital to make their dreams come true. Actually, they need look no further than their own retirement accounts. They can tap into these funds to buy a franchise, start a business or simply provide an existing business with working capital.

What about investing in the stock of a private company? Yes, there's no problem with doing that, even if it's outside the United States. And, other options, both mundane and exotic, abound.

Then, there's real estate. Most people think the boom is over, but they may be mistaken. According to a report from The Brookings Institute and an article in Business 2.O Magazine (November 2005), more than $25 trillion will be spent in real estate development between now and the year 2030.

To accommodate another 70 million people being added to the population base in the next two decades, 127 billion square feet of new or replacement structures will be added to the existing base of 300 billion square feet.

The executive summary of The Brookings report entitled "Toward A New Metropolis: The Opportunity To Rebuild America" written by Arthur C. Nelson, states the following:

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