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

What is ARROGANT MONEY?  ARROGANT MONEY sometimes disguises itself as conservative, careful decision making.  But at the end of the day, it’s simple foolishness, disguised as experience.  I’m Bryan Ellis.  I’ll help you to know if yours is ARROGANT MONEY right now in Episode #164.----Hello, SDI Nation!  Welcome to the podcast of record for savvy self-directed investors like you.Arrogant money… it’s a funny thing.Ever heard of it?  It’s kind of like “Old Money” because it really refers to the owner of the money more than the money itself.Arrogant Money describes the person who has had some success in one kind of investment, and thus presumes himself to be expert in all others as well.I’d like to tell you about a recent example of Arrogant Money… and I hope you hear the caution in the story.There’s a guy named Will.  Real guy, but that’s not his real name.Will is in his 80’s and is clearly a very smart guy.  For years he focused his investments on note investing.  In other words, he’d lend out his money to home