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Article on self directed IRAs
Old 12-05-2011, 01:31 PM   #1
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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

Quote:
"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."
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Old 12-05-2011, 02:54 PM   #2
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You know, like Enron or Bernie Madoff. Too bad the future is not as clear as the past.
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