Many people love self-directed IRAs because of their ability to diversify their investments outside of traditional options. But in some cases, investors want to stick with tried and true strategies that they feel comfortable with. If that’s you, stocks are a good place to start your investment journey.
Grow your wealth on a tax-deferred basis with a self-directed IRA.
Earn tax-free or tax-deferred income in your self-directed IRA.
Own a part of a corporation and take ownership in its financial growth.
Common stocks are the most typical shares issued by companies—entitling shareholders to participate in the growth/profit of the company and include voting and preemptive rights.
Preferred stocks represent company ownership, but with a greater claim on company assets than common stocks and do not include voting rights.
A stock exchange is a marketplace that facilitates equity trading. It can be electronic, over the counter, or auction-based.
Investors are encouraged to do adequate research or contact a broker/financial advisor, attorney or CPA, to determine if common or preferred stocks are an appropriate investment.
Once you have determined that common or preferred stock is suitable for you, it can be purchased with your Self-Directed IRA or other retirement accounts at Mainstar Trust. Click here to find out how to use Mainstar Trust to invest in common/preferred stock.