Cautionary Tale | Think Realty | A Real Estate of Mind
Insight Investing Strategies

Cautionary Tale

How an Overlooked Mistake Invalidated One Investor’s IRA Even Before It Was Created.

Just last week, John (not his real name) lost nearly 60 percent of the value of his self-directed IRA in a single day. There wasn’t a horrible crash in the stock market or an act of fraud that caused this calamity. Instead, John’s misfortune was the result of an esoteric mistake that rendered John’s IRA invalid months before it was even created.


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