Capital Hacking EP 276: Supercharge your IRA Using Alternatives with Carl Fischer
Supercharge your IRA by venturing into other opportunities and alternative investments! Join Carl Fischer today as he talks about his business that allows people to invest in many spaces like oil and gas, precious metals, real estate, syndications, and LLCs using self-directed IRAs, 401Ks, and health savings accounts.
Our conversation zeroes in on how investing through IRAs and 401(k)s works, the amount of money locked up in these retirement vehicles and the investment opportunities available to individuals through self-directed IRAs. Carl even addresses some common misconceptions about self-directed IRAs and their rules and regulations, so tune in now!
Key Points from This Episode:
- How to take money out of Wall Street through self-directed IRA and 401(k)s.
- How did Carl start his business, CamaPlan, and what do they offer?
- How did Carl discover the opportunities in IRAs and 401(k)s?
- The cool things about self-directed IRAs and 401(k)s.
- How big is the world of IRAs and 401(k)s in the country and how much money or investable capital is locked up in these retirement vehicles?
- There is no taxable event in using self-directed IRAs and 401(k)s to invest in alternative investments.
- Do the rules and regulations for redirecting 401(k) and IRA investments vary across different states?
- How many individuals and families have liberated their money from IRA programs into the self-directed CamaPlan program?
- How much cash is under CamaPlan’s alternative investment custody?
- Why are only a few people taking advantage of the IRAs and 401(k)s?
- The trends Carl sees in the alternative investing space.
- What does it mean to be a self-directed investor?
Links Mentioned
About Carl Fischer
Carl Fischer is a Cornell University graduate and third-generation real estate developer. Carl began his investing career in the 1970s when he was employed as a rocket scientist at Kennedy Space Center in Cape Canaveral, Florida. He is presently one of the founders and principals of CAMA Self-Directed IRA, LLC (dba CamaPlan). CamaPlan is a national company headquartered in Ambler, PA.
Carl has implemented plans and managed over 20 million dollars in real estate transactions. His real estate investments include commercial and residential properties, including real property, notes, and mortgages. He has increased his net worth and controlled many endeavors with the self-direction tools available. In addition to his hands-on experience, he has spoken to many groups including real estate investors and brokers, CPAs, financial advisors, and mortgage pro
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