Rather than keep blathering on with what we think about self
directed retirement, I thought it would be useful to include a short book list
for tomes we find relevant and useful.
directed IRA for buying real estate, for private notes, for investing in
alternative investments. Some are real
gems. Some are touting whatever solution that author sells. Many of the popular
ones were published in 2006, including Nora Peterson’s book has a tell-all long
title: What Your Broker & Banker
Don’t Want You to Know About Managing Your Own Retirement Investments.
While I’ve read quite a few (some borrowed from
Gary Anderson, CPA and fellow advisor to AllBusiness on this topic), I thought I’d
use a simple metric to decide which to review first – which self directed
retirement book does Amazon.com sell the most of? As it turns out, 66% look at her
book and reviews of it, then buy, Ms. Peterson’s book. Good enough for me.
Also, in the Real Estate Investing group within Amazon –
that group “tagged” Peterson’s book making it slightly more relevant than
others. I love the crowdsourcing/reviews of books on Amazon as it helps me
quickly make a decision and see if the people reviewing it hit upon things
important to me.
Here are X other books (2006-2008) that came up in a search
for self-directed retirement, solo 401k and other related terms.
talking about things other than real estate investing. How to Pay Little or
No Taxes on Your Real Estate Investments: What Smart Investors Need to Know –
Explained Simply by Brian Kline. Main point is keep your real estate
investments in a structure that allows tax deferral.
Franchisee: The How-To Book for Choosing a Winning Franchise by Rick Bisio
and with Mike Kohler. Good reviews. Talks about how to use your self-directed
retirement plan to buy and finance a franchise.
Investing: How to Earn 12% or More on Your Savings, Investments, IRA Accounts
and Personal Equity–A Complete Resource Guide with 100s ….Secrets From the
Experts Who Do It Every Day by Teri Clark and Matt Tabacchi. While it seems
that many of the books point to real estate, this one is talking more about
becoming a private note lender yourself. I know several people who do this
(outside of their solo 401k actually) and would appreciate this book.
Swiss Annuities and
Life Insurance: Secure Returns, Asset Protection, and Privacy
Gantenbein and Mario A. Mata.
I have not read this book yet, but did the sneak peek options within Amazon and
it talks about self directed retirement quite a bit, so I’m ordering a copy and
I’ll keep you posted.