Comments on: Self Directed Solo 401k Investment Options http://www.solo401k.com/2008/11/29/self-directed-solo-401k-investment-options/ The Ultra-Powerful Investment & Retirement Plan for the Self-Employed Thu, 01 Sep 2011 17:00:43 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jeff Nabers http://www.solo401k.com/2008/11/29/self-directed-solo-401k-investment-options/comment-page-1/#comment-11861 Jeff Nabers Sun, 27 Mar 2011 01:05:17 +0000 http://solo401k.wordpress.com/?p=56#comment-11861 Hi, Rajan. What is it that Fidelity knows that I don't? Ask them for the law or reg that says you can't trade on margin in a Solo 401k. Laws & regs say what you can't do; not what you can do. At any rate, I wouldn't actually recommend that you buy any U.S. securities. If you don't have inside information, I don't think you'll get a good return consistently over the long run. If you have inside information, it's illegal to use it. I'd strongly recommend you figure out how to buy assets directly rather than those repackaged up in the Wall Street market place. Good luck :-) Jeff Hi, Rajan.

What is it that Fidelity knows that I don’t? Ask them for the law or reg that says you can’t trade on margin in a Solo 401k. Laws & regs say what you can’t do; not what you can do.

At any rate, I wouldn’t actually recommend that you buy any U.S. securities. If you don’t have inside information, I don’t think you’ll get a good return consistently over the long run. If you have inside information, it’s illegal to use it.

I’d strongly recommend you figure out how to buy assets directly rather than those repackaged up in the Wall Street market place. Good luck :-)

Jeff

]]> By: Rajan http://www.solo401k.com/2008/11/29/self-directed-solo-401k-investment-options/comment-page-1/#comment-11859 Rajan Sat, 26 Mar 2011 23:00:42 +0000 http://solo401k.wordpress.com/?p=56#comment-11859 Jeff, You are the only person who is saying that...one can have a solo 401k Margin account. Every one including Fidelity ( Non Prototype ) is saying that solo 401K plan is a retirement account and hence you cannot trade on margin ? What is that you know that all other don't? Jeff,
You are the only person who is saying that…one can have a solo 401k Margin account. Every one including Fidelity ( Non Prototype ) is saying that solo 401K plan is a retirement account and hence you cannot trade on margin ? What is that you know that all other don’t?

]]> By: Jeff Nabers http://www.solo401k.com/2008/11/29/self-directed-solo-401k-investment-options/comment-page-1/#comment-39 Jeff Nabers Fri, 19 Jun 2009 15:25:54 +0000 http://solo401k.wordpress.com/?p=56#comment-39 Les, 1) See http://tinyurl.com/ldyedc 2) Yes 3) Yes Jeff Les,

1) See http://tinyurl.com/ldyedc
2) Yes
3) Yes

Jeff

]]> By: Les Brouillard http://www.solo401k.com/2008/11/29/self-directed-solo-401k-investment-options/comment-page-1/#comment-38 Les Brouillard Fri, 19 Jun 2009 14:32:16 +0000 http://solo401k.wordpress.com/?p=56#comment-38 Jeff, Would the following transactions be considered self-dealing and therefore prohibited: 1) Buying real property in partnership with my with my 401K? 2) Having my 401K provide a motgage on real property I am buying? 3) Remortgaging my personal residence with a loan from my 401K and writing off the interest? Also, can I transfer my IRA and my wife's IRA to my solo 401K? Thanks for your reponse. Jeff,
Would the following transactions be considered self-dealing and therefore prohibited:
1) Buying real property in partnership with my with my 401K?
2) Having my 401K provide a motgage on real property I am buying?
3) Remortgaging my personal residence with a loan from my 401K and writing off the interest?
Also, can I transfer my IRA and my wife’s IRA to my solo 401K?
Thanks for your reponse.

]]> By: BC http://www.solo401k.com/2008/11/29/self-directed-solo-401k-investment-options/comment-page-1/#comment-37 BC Mon, 02 Mar 2009 18:52:08 +0000 http://solo401k.wordpress.com/?p=56#comment-37 Thanks Jeff. I have read that for self directed IRA's, that metal bars or coins of at leat .999 purity and by an approved refiner that is accepted for delivery at the COMEX or Nymex is allowed. Would this hold true for a self trustee solo 401k? Specifically I am interested in opening a solo 401k account and buying 100 oz silver bars and 10 oz gold bars. In your opinion would this be allowed? Thanks Jeff. I have read that for self directed IRA’s, that metal bars or coins of at leat .999 purity and by an approved refiner that is accepted for delivery at the COMEX or Nymex is allowed. Would this hold true for a self trustee solo 401k? Specifically I am interested in opening a solo 401k account and buying 100 oz silver bars and 10 oz gold bars. In your opinion would this be allowed?

]]> By: Jeff Nabers http://www.solo401k.com/2008/11/29/self-directed-solo-401k-investment-options/comment-page-1/#comment-36 Jeff Nabers Tue, 17 Feb 2009 03:45:11 +0000 http://solo401k.wordpress.com/?p=56#comment-36 BC, You're right; the post isn't clear. Let me clarify: bullion is not allowed in a self-trustee Solo 401k, but coins are as long as they don't have collector's value. Most people choose American Eagle gold coins. Jeff BC,

You’re right; the post isn’t clear. Let me clarify: bullion is not allowed in a self-trustee Solo 401k, but coins are as long as they don’t have collector’s value. Most people choose American Eagle gold coins.

Jeff

]]> By: BC http://www.solo401k.com/2008/11/29/self-directed-solo-401k-investment-options/comment-page-1/#comment-35 BC Mon, 16 Feb 2009 23:13:39 +0000 http://solo401k.wordpress.com/?p=56#comment-35 The above article contradicts itself on precious metals in the solo 401k. Are they allowed as per the second paragraph mentioning coins, or are collectibles and precious metals bullion not allowed as per the final paragraphs? The above article contradicts itself on precious metals in the solo 401k. Are they allowed as per the second paragraph mentioning coins, or are collectibles and precious metals bullion not allowed as per the final paragraphs?

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