Instead of talking about how one person can’t have a $5 billion ROTH IRA, we should be talking about why everyone should have a million-dollar ROTH IRA.
What have the most successful investors done to have large retirement accounts? Many of them have Self-Directed their accounts and invested in real estate, private funds and companies, precious metals, and cryptocurrency. They became successful by investing in what they know, as opposed to buying mutual funds and other ordinary investments.
Sure, there can be more risk in some of these self-directed assets, but for those who want to take control of their retirement and invest in what they know, they will have a greater opportunity to have outsized returns not typically available in a mutual fund or CD.
One of the first steps to growing your million dollar ROTH IRA or other retirement account is to learn about Self-Directing, and the different investment options available with a Self-Directed account. This is a great place to learn.
And if you’re ready to start the journey with your own self-directed account, you can open an account entirely online here.