The first step self-directed investors take when they consider investing for retirement is research. What assets can you Invest in? What types of accounts are available? Who offers these accounts? Are they truly self-directed? How do you open a self-directed account? Research is the first step to performing your due diligence, and shouldn’t be neglected. However, the learning process doesn’t end there. Once you’ve chosen your investment, an Account type, an administrator, and opened an account then you’ll want to keep up-to-date and strive to make the most out of your investment.
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