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Equity Trust REIT IRA

Discussion in 'The Breakroom' started by ran23, Sep 20, 2019.

  1. ran23
    • In Omnia Paratus

    ran23 Loaded Pockets

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    Just curious if anyone is having fun with this, flipping houses and the like. thanks
     
  2. A.B.

    A.B. Loaded Pockets

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    Well, I'm thinking about it. But is it worth the risk?

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  3. Moshe ben David

    Moshe ben David Loaded Pockets

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    I'm too risk averse for something like this.

    Moshe ben David
     
  4. ran23
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    ran23 Loaded Pockets

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    I read somewhere the Securities Admin are going after these people, no more new accounts. I read about something like this years ago, guys buying stocks with IRA money. no way I would consider that.
     
  5. A.B.

    A.B. Loaded Pockets

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    I'm a bit confused here. This is just investing, right?

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  6. ran23
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    ran23 Loaded Pockets

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    I doubt it is protected much as apposed to a bank.
     
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  7. A.B.

    A.B. Loaded Pockets

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    So enlighten me please. There are banks here that are willing to give you money to invest. Of course in the long run you pay them. But what is this IRA then?

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  8. ran23
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    ran23 Loaded Pockets

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    IRA, Independent Retirement Account ? You can set one up at age 18, grows without taxes. for your retirements age. Ah, USA.
     
  9. A.B.

    A.B. Loaded Pockets

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    Yeah, we have similar things here. Ah, Holland... Just asking. Was thinking you were talking about investing with money that does not belong to you. Things work and are called different here.
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    #9 A.B., Sep 22, 2019
    Last edited: Sep 22, 2019
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