Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Article on self directed IRAs
Old 12-05-2011, 12:31 PM   #1
Thinks s/he gets paid by the post
nun's Avatar
Join Date: Feb 2006
Posts: 4,331
Article on self directed IRAs

To a Boglehead like myself there's one sentence in the following article that frightened me

Harnessing the Power of the Anything-Goes IRA - Yahoo! Finance

and here it is

"A diversified portfolio doesn't allow you to earn a superior return," he says. "You have to invest in a concentrated way in the areas you know well."

"The needs of the many outweigh the needs of the few, or the one." - Spock
Retired Mar 2014 at age 52
Target AA: 70% equity funds / 28% TIAA-Traditional/ 2% cash
Target WR: 0.0%,
Income from pension, rent, and eventually SS
nun is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-05-2011, 01:54 PM   #2
Full time employment: Posting here.
tightasadrum's Avatar
Join Date: Aug 2006
Location: athens
Posts: 802
You know, like Enron or Bernie Madoff. Too bad the future is not as clear as the past.
Can't you see yourself in the nursing home saying, " Darn! Wish I'd spent more time at the office instead of wasting time with family and friends."
tightasadrum is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Interesting article on 'saving clubs' deserat FIRE and Money 7 11-22-2011 01:05 PM
TIME Article: Why exercise won't make you thin Lisa99 Health and Early Retirement 56 10-14-2011 06:08 PM
New York Times Article addressing the Housing Slump nico08 FIRE and Money 14 07-12-2011 02:20 PM


All times are GMT -6. The time now is 05:42 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.