The Elite Financial Advisor Podcast With Sten Morgan cover image

51. Where to invest in your business

The Elite Financial Advisor Podcast With Sten Morgan

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Are You a 401k a Step IRA?

A lot of things for advisors in the classic line we have is, you know, if all I says to an advisor, are you funding a 401k a step IRA or some kind of retirement account? A lot of times it's, well, of course I am, that's the business we're in. And so with advisors, redirecting money you already have is one thing. As far as going into debt, that's a little different. That's how many business owners out there leverage everything for a dream or an idea. For example, the office space we get to be in now and enjoy, I use my home equity line to build it out. It was like $200

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