#1179 Sam Parr | The Founder Creating Insane Internet Companies
The Pomp Podcast
The Importance of Forward Thinking
The shares that he owned in the company actually were his IRA ownership. So what happened is when they sold the business, that those shares were not taxed because they were inside of the IRA. And so he can't spend that, right? He can't spend it, but he can continue to compound it until he turns like 60 years old,. When he can actually access that money. Can you take a loan on your IRA? I don't know the answer to that, but I'm sure if you can, people have figured out how to do it.
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