POSTED: 01:30 a.m. HST, Jul 08, 2012
~~<p>Question: Is it true that you can invest in Hawaii koa trees as part of a self-directed IRA?</p>
Question: Is it true that you can invest in Hawaii koa trees as part of a self-directed IRA?
Answer: A recent story by Laura Saunders in the Wall Street Journal proclaimed “IRAs Get Sexier.” What she meant is that IRA owners can venture beyond conventional assets such as boring old stocks, bonds and mutual funds. The upshot? If you want to goose your returns in your self-directed IRA, there are other types of assets to look at. These include private equity, farmland and real estate. What made me smile was that the WSJ article even mentioned “koa trees in Hawaii” as an asset that is allowed in an IRA. Login for more...