Many people already know the basics of standard IRA accounts. Self-directed IRA accounts are not well known. These accounts let you direct a reputable IRA corporation to invest in other investments, such as futures, real estate, or gold. Futures are simple to open and simple to understand. You can get the best gold IRA account in this sites.
Futures could be commodities such oil, corn and soybeans. It could be silver, gold, or a combination of both. It could even be cattle. I want to tell you more about index futures. They can mimic the Big Cash Dow that you see on TV, or the Big S&P 500 which you hear is a benchmark in returns in mutual funds or stocks. This is what I trade in my normal trading and it can also be traded in a Self-Directed IRA account. Set up an account with a self directed IRA company and open a futures brokerage account. Once funds have been sent to the brokerage firm by the self-directed IRA provider, they can open an Account for you and allow you to trade futures within a month.
This is an excellent alternative to stocks. With stock futures, you trade against the market. How many times have you seen a stock fall when the overall market was up, but it was bought? This is all too common. Alternatives include trading futures. You can trade the true market, go long or short in as little time as 24 hours. You can do the same with stocks. No! With futures, you have access 24 hours a days to a trading desk. Stocks have limited access after the market closes. These are the big differences.
For futures trading in a self-directed IRA account you only need $7500.00 for one contract. You can also make $1500.00 to 2000.00 per month profit by using a trading platform
That sells trading signals for both novice and professional traders. Auto traded accounts can be purchased for as low $10,000.00, and it will trade automatically for your account.