Introduction to IRAs and Uninvested Cash Individual Retirement Accounts (IRAs) are a cornerstone of many retirement plans, offering a range of investment options from stocks to bonds to mutual funds. However, what often goes unnoticed is the treatment of uninvested cash within these accounts. Uninvested cash is the portion of your portfolio not currently allocated … Read More
Owning real estate within your IRA offers an exciting avenue for diversifying your investment strategy. However, as with any investment approach, there are specific guidelines and nuances to be aware of. At New Direction Trust Company (NDTCO), we strive to ensure our clients are well-informed and equipped to navigate these intricacies. Here are the top … Read More
Embarking on the financial journey of managing Self-Directed Individual Retirement Accounts (SDIRAs) is akin to setting sail into a vast ocean of investment opportunities. However, the wind beneath your sails is the mindset with which you approach this voyage. The differentiation between a ‘purchase’ and an ‘investment’ becomes your compass, guiding you toward long-term financial … Read More
In the aftermath of the 9/11 attacks, the global financial landscape underwent a significant transformation, with governments and financial institutions tightening the noose on financial crimes, fraud, and money laundering. The urgency to curb illicit financial flows led to the strengthening of existing regulations and the introduction of new ones, setting the stage for a … Read More
Buying and selling stocks at NDTCO has never been easier, giving you more freedom and control over your self-directed IRA. We’re excited to announce our new collaboration with SogoTrade, where you can buy, sell, and trade public securities using your NDTCO account. SogoTrade, Inc. has served investors since 1986, offering a wide range of investment … Read More
In the realm of retirement planning, the self-directed IRA (Individual Retirement Account) stands out as a flexible and powerful tool for savvy investors. Unlike traditional IRAs, which limit your investment choices to stocks, bonds, and mutual funds, a self-directed IRA opens the door to a broader range of assets, including alternative investments. However, this flexibility … Read More
New Direction Trust Company (“New Direction”) performs the duties of a directed custodian. It does not provide any investment advice, legal advice, or tax advice. New Direction does not undertake any due diligence for you, including with respect to any investment or investment provider featured in this blog post or joint webinar or any other investments that you choose to hold in your New Direction account(s). Any information regarding any investment provider or investments that is contained in this blog post or Webinar was provided by the third-party investment provider. New Direction is not affiliated with, does not control or direct, and has no responsibility over any third-party investment provider or investment, and the inclusion of any investment provider or investment options in this blog post or Webinar does not represent an endorsement or recommendation of the investment provider or investment by New Direction in any way. New Direction does not endorse or recommend any investment provider or investment, including those found in this blog post or Webinar. Information and third-party links contained in this blog post or webinar are provided for informational purposes only, and it is solely the responsibility of investors to perform their own, independent due diligence on any investment opportunity. Investors should consult their own investment, legal, and tax advisors before making any investment choices.
