Self Directed Investor Talk: Alternative Asset Investing Through Self-directed Ira's & Solo 401k's

The Big Idea The Fiduciary Rule claims to benefit the "best interests" of retirement account investors, but will only serve to keep middle-income Americans away from alternative assets and from high-quality financial advice.  Trump has delayed implementation of this new rule and may end it entirely... Bravo! Points To Ponder In April 2016, the Department of Labor proposed new rules to expand the definition of "fiduciary" to anyone connected with providing guidance to retirement account investors The "suitability" standard had been in place - effectively - for many years, which required that advisors only make investment recommendations that are suitable to investors "Fiduciary" status raises the bar for advice from "suitability" to "best interests"... with stated motivation of eliminating "conflicts of interest" No evidence that "suitability" was an insufficient standard New "best interests" stndard will absolutely limit access to alternative investments and financial advice to all but the upper tier of reti