Many of us know about standard IRA and rollover IRA accounts when we lose or quit a job. However, few people know about self directed IRA accounts. These accounts allow YOU to direct a reputable IRA business to invest in futures, real property, or other alternative investments. Futures will be the topic of this article. They’re easy to access, easy to understand, and easy for laymen to set up. You can get the best gold IRA account in this sites.
Futures may be commodities such corn, soybeans, oil and other commodities. It can be gold or silver. It can also be cattle. But, I’d like you to know about index futures. These are the index futures that mirror the Big Cash Dow index you see on TV. This is what you trade as a normal trader and can also traded in a selfdirected IRA account. First, contact a self managed IRA company to set up an account. Then, open a futures brokerage accounts with a brokerage firm like MIRUS Futures. Once the funds are transferred from the self -directed IRA company to a brokerage firm, they will be able to open an account for your trading and can trade futures within a matter of months.
This is a great alternative for stocks. With the futures, the market is being traded. But with stocks, the market is being traded against you. How many times has a stock you purchased fallen because of bad news? Too often, it is right. Another alternative is trading futures. In this way, you can trade the true markets in minutes. What about stocks? Yes, but not with stocks. You have 24-hour access to a futures trading desk. Stocks don’t allow for much access after market closes. You can see the huge differences.
A self-directed IRA account allows you to trade futures. It costs as little $7500.00 to trade one contract. Then, you can make $1500.00 – $2000.00 per month profits by using a trading services.
The company sells signals to professional and novice traders. You can even have your account auto traded for as low as $10,000.00.