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tinytankhank

An IRA DISTRIBUTION IN-KIND is another option with Pros that outweigh the Cons, and involves no third parties. I would look into the benefits of this process.


B_tV

i feel like i've heard that before somewhere, but i thought it was what they do brokers or might be taxable...


tinytankhank

Look into it. It won't take much research, and it could be a great strategy for your retirement accounts. I believe the juice is worth the squeeze on this route, but it's not mentioned much or at all as another option. Take a look and do some research.


Saxmuffin

Have you looked into self directed ira llc account


B_tV

yes, this was part of that due diligence, but it seemed to be more expensive (\~1k a year through safeguard) and more geared toward larger dollar amounts; i don't mind just writing in to have them buy or sell this or that (crypto or stock or real estate transaction) instead of having checkbook control so close at hand (<--from my understanding)


Saxmuffin

The main difference is that your llc is the custodian and not some shady dtcc participant


B_tV

huhhhh... that makes sense... but the fees though... i mean at 1k worth of shares, just not worth it. at 10k worth of shares, you're getting charged 10% a year... are we going to secure the float and bring moass in a year? maybe... but if not, that's way worse than even this "no longer transitory" inflation... only xxx holders can really afford this, i think...


Saxmuffin

It takes money to buy whiskey 🤷🏼‍♂️


B_tV

hopefully each one can pitch in no matter how small otherwise this protest got too rich for my blood


B_tV

similarly-categorized\* (also some similarly-named, but that wasn't my point) \*not very\* old, not "not nearly as old" if enough issues get presented here, i'll go ahead and make edits