About Self Directed Investor Society
Here was a way, it seemed, to access my retirement savings and put it into an investment that really turned me on… in my case, real estate.
Set aside the fact that, at the time, I was fresh out of college, had no retirement savings, and knew nothing about real estate investing. Still, the raw potential seemed like something I couldn't ignore.
Along the way, I did learn a lot about investing in real estate. I also learned how absolutely crucial it would be to reduce income taxes. And again, self-directed IRA's began to take center stage in my mental focus.
Congress just kept making things more interesting, too.
In 1997 came the introduction of the Roth IRA, an amazing new type of account that removed the tax deductibility of IRA contributions, but in return totally eliminated taxes on withdrawals during retirement.
That was a game changer.
Then in 2001, the “Solo 401(k)” was created. That went unnoticed by most people, and is still largely unknown today… but to people “in the know,” that tool is everything we love about self-directed IRA's… with nearly none of the stuff we dislike.
In the years since, contribution limits have continued to go higher and higher, as has the maturity of the law where self-directed retirement accounts are concerned.
I started paying a lot of attention to the specifics of the law on self-directed IRA's about 10 years ago when I met a guy named Tim Berry.
Tim is one of the few lawyers in America who focuses, almost exclusively, on self-directed IRA's, solo 401(k)'s and all of the related issues.
I call him “The Great One”. He knows this stuff inside out… and he taught me a whole lot about the deeper legal issues involved in this area.
Most of all, Tim taught me to think of self-directed retirement accounts as far more than just a way to invest in alternative assets rather than stocks or bonds. By constantly coming up with astoundingly creative ways to use self-directed IRA's and 401(k)'s, Tim really shifted my thinking.
He doesn't know it, but I also call Tim “Sharkey” in honor of Mrs. Sharkey, who taught my calculus class in high school. Mrs. Sharkey constantly harped on us about “learning to think” rather than just memorizing formulas…
…Tim has done the same for me in the self-directed retirement account business.
And that's why SelfDirected.org and the Self-Directed Investor Society exists now.
My skill is in communications. I'm told I can make very complex tasks understandable and sometimes even attractive.
To be certain, self-directed IRA's and solo 401(k)'s are complex… even dangerous if handled incorrectly.
It's made worse by the fact that the law doesn't particularly enable self-directed IRA companies to be as helpful as they can to their clients. In fact, there are a lot of things that these companies would tell their clients, if only the law allowed them to do so.
I don't have those limitations. Self-Directed Investor Society is not a self-directed IRA or 401(k) company. We don't offer financial accounts.
What we offer is unbiased, independent education that's legally sound and immediately actionable.
We also offer networking opportunities to our members, who are mostly affluent professionals, entrepreneurs and investors. We find that creativity feeds on and expands itself.
If you're interested in learning more about how self-directed retirement accounts can be a huge benefit in your life, you're at the right place.
We know the truth… and we'll tell you what the truth is very clearly
Bryan Ellis is the host of Self Directed Investor Talk, a very popular podcast and radio show. Bryan has a vast background in real estate investing and currently serves as manager of a real estate-focused private equity fund operating in Northern California. Bryan served as publisher of the Bryan Ellis Investing Letter and is a contributor to Forbes, TheStreet.com and Entrepreneur.com. His writing has been featured in print publications ranging from Personal Real Estate Investor and Think Realty to major online media outlets like FoxNews.com. Bryan studied Computer Science at the Georgia Institute of Technology. You can email Bryan here.
Carole Ellis serves as Editor-in-Chief of Self Directed Investor News, the top news publication in America for self-directed investors. She is also co-host of Self Directed Investor Talk. Carole has served as the editor of the Bryan Ellis Investing Letter, a newsletter for real estate investors with over 700,000 subscribers worldwide and she’s a contributor to respected publications like Huffington Post, Real Estate Income Monthly and others. Carole currently serves as editor-in-chief of Think Realty magazine, America's largest print magazine for individual real estate investors, and is a past editor of the Research Magazine published by the University of Georgia, Carole's alma mater. You’re invited to email Carole.
Tim Berry, J.D.
Tim Berry is a lawyer focused on self-directed retirement accounts and high-net-worth asset protection strategies. Tim is licensed to practice law in Washington and serves clients nationwide for issues of federal jurisdiction, including self-directed IRA’s and 401k’s. Tim is credited as an extraordinarily original thinker and one of the original creators of the now widely-used retirement tool known as the “Checkbook IRA”. Tim is a frequent guest on Self Directed Investor Talk and is a prolific communicator, both in writing and via video. Tim is accurately regarded as the top self-directed retirement account lawyer in America. You can email Tim here.