by Yieldstreet | Staff
Joe DiDomenico, Founder of WealthFlex, and Tim Berry, Tax Attorney & Self-Directed IRA Specialist, recently discussed IRS rules and regulations for IRAs and how alternatives can be eligible IRA investments.
Joe and Tim dive down the rabbit hole of IRAs and alternative investments, answering some of the most important questions. During the webinar, Tim asked, “Where do most of us get our financial information? Cramer? Motley Fool? Backyard barbeques? How many people even know about alternative investments?” He followed that up with the statement, “To be a bit crass, how many people are paid to promote alternative investments? The sad fact is that most people just blindly follow the advice of their local banker or mutual fund salesperson. Since the bank or mutual fund salesperson doesn’t get paid to talk about alternative investments they don’t talk about them.”
Joe and Tim also touched on several points including:
At Yieldstreet, we are proud of our investor-first approach to generating income. So when we learned that our investors were looking for an easier, tax-efficient way to invest with Yieldstreet using their retirement funds, we listened. We believe that investing with retirement funds should be flexible, simple, and transparent. We’ve created a seamless way for individuals to invest in Yieldstreet investments with their IRA. The Yieldstreet IRA is unique in the flexibility and ease of use it offers our accredited investors.
Watch the full video above for more of the conversation between Joe and Tim, and be sure to join us on our next webinar, held live every Wednesday.
The Yieldstreet IRA can help you diversify your retirement portfolio by giving you access to alternative investments across multiple asset classes. If you are interested in investing IRA funds on Yieldstreet and would like to open a Yieldstreet IRA please see additional information here.
This communication and the information contained in this article are provided for general informational purposes only and should neither be construed nor intended to be a recommendation to purchase, sell or hold any security or otherwise to be investment, tax, financial, accounting, legal, regulatory or compliance advice. Any link to a third-party website (or article contained therein) is not an endorsement, authorization or representation of our affiliation with that third party (or article). We do not exercise control over third-party websites, and we are not responsible or liable for the accuracy, legality, appropriateness, or any other aspect of such website (or article contained therein).
Yieldstreet and Tim Berry are separate and unaffiliated and are not responsible for each other’s products, services or policies. The views and opinions expressed herein are the views and opinions of the speakers and may not necessarily represent the views and opinions of Yieldstreet or InvestmentNews.
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