Real Money Talks

We have a number of guests with us today. We have several of our top finishers from the Virtual Meetup and Marketplace in August, but we also have a very special guest, Joe Hamel. Joe Hamel is the president and founder of Hamel Advisory Services.  Many people have heard of self-directed IRAs but they don’t have them in place. It doesn’t matter if you have a lot of money to start.  Just put in $50 and get it going.  Once you start making money you need a place for the new money to go. There needs to be a place to put it away so you don’t spend it right after you make it.   In this episode, Joe shares the kind of qualified plans you can open. He talks about the differences between a traditional and Roth IRA. Then we finish the episode with Erin and Deborah sharing their success and top takeaways from the Virtual Meetup and Marketplace.  Show Notes: [01:54] It doesn’t matter if you have a lot of money to put in a self-directed IRA.  Start with $50 to get it going and so you have a place for the new money to