>> Um if they go to our website, redacted.inc/invest,
redacted.inc/invest,
they can learn more about all of that.
But anyway, um what's incredible is that
now they could conceivably under this
Trump plan use their 401k to be start
investing in real estate short notes or
actual actual physical real estate or
crypto or all of these other vehicles.
>> Yeah. Yeah. I mean that's the big shift
here. And it's crazy because retirement
accounts could actually already do this.
You know, even like your 401k can
already do this. It's like if you read
just the tax code or Orisa which has
rules governing retirement accounts.
What happened was the machinery for
retirement accounts and really the DO
and the SEC jacked it all up by putting
all these roadblocks in. So any provider
of retirement accounts, say your typical
401k was like, "Oh my gosh, the DO and
the SEC have made this impossible to do
it." Like Congress's laws when they
created retirement accounts actually
said you could own any type of asset
except for certain small little
restrictive things, but you could
already own real estate in your
retirement account, your IRA or 401k.
You could already own um a private
company. The problem was the machinery,
the the the administrative, you know, uh
burdens really from DO and SEC made any
401k provider say we're not letting you
do it because all these liability issues
and the DO basically says if we screw it
up, you can sue the company or the
person providing the plan. So, they just
made you go to Wall Street um to buy a
stock, bond, mutual fund. So, that's
what this executive order is doing. And
what what Trump said in the executive
order, the next piece was he directed
the DO and the SEC to kind of tear back
these restrictions and make it easier
for people to do it. So that's kind of
the phase of where we're in right now is
peeling back all these restrictions in
the 401k that were really administrative
in nature to open up the door for
whatever investment assets you want.
Now, you could still go buy a stock,
bond, or mutual fund, but it'd be nice
to have some other options of what you
could invest into, right? Let us decide
what to invest into. Why give us a small
menu of of things out there? So, I think
that's going to take a while, quite
honestly, in your 401k. If you're
thinking of like your 401k right now,
like today, and you're like, "All right,
Matt, I want to go do invest in a real
estate deal or short notes or I want to
buy crypto or precious metals or, you
know, something that I've never thought
I could buy in my retirement account."
Well, in your 401k
right now, it's this is going to take a
while. You the SEC and DL got to go
through this. They got to come back and
report. Um but but Trump set the policy.
This executive order is in effect.
They've all got their marching orders.
The nice thing is this is happening
early in the Trump administration, so we
will have enough time to see meaningful
change and organizations to incorporate
that. But but I will say Clayton, you
know, like right now cuz a lot of people
are like, "Well, Matt, I never even
thought about owning real estate in a
retirement account
>> or precious metals or a private company,
you know, like
>> it's like it's it's at the heart of
everything that Natalie and I do. You
know, we own precious metals, we own
real estate in our self-directed IRA.
And uh and people so people can do this
right now. They don't have to wait for
the 401k to make this shift, right?
>> Yeah. And that's like what we've been
doing for years with IAS. We've worked
with you. I mean I've done this with my
own retirement account. You know, we
have three billion in assets of clients.
We've done I wrote a book about this.
This is kind of my niche of course. So
um is like IAS are much simpler. So like
right now again you're listening now and
you're like well actually you know I've
got money in an IRA or an old employer
401k I could move to an IRA I want to
buy precious metals. I'd rather do a
real estate deal. Like I believe in that
asset crypto whatever it might be. I
believe in that asset more than I
believe in the mutual fund that I'm
currently in you know or whatever it
might be that you're currently invested
in. Cuz the the failure of the
retirement account is not like the
structure of the retirement account. the
tax benefits you get out of it, the
long-term wealth building, the asset
protection, like all these benefits out
of it. It's the poor investment returns.
Like that's been the problem,
>> you know, and so if I can get a better
>> I mean, you think about like connect
invest, which I was just talking about.
I mean, they have an, you know, you can
get a 9% return. 9% for for investing as
little as 500 bucks on, you know, on
real estate shortnotes. And most
Americans will never get that because
they've been bamboozled into like
following this like 401k Wall Street plan.
plan. >> Yeah.
>> Yeah.
>> Which enriches Wall Street and doesn't
enrich our viewers. It's infuriating.
>> Yeah. It's got there's so many fees
built up into those, you know,
structures on Wall Street, of course.
And so, and you know, they're like,
"Well, we've we've down we've like
minimized the risk." Yeah. Well, you
took all the upside out of it. They
bundle all these assets together and
sell it to you. And so, so they're like,
"Well, you have no your risk is very
low." Well, the stock market drops all
the time like you know um so so so
there's definitely risk there but like
but they kill the return the profile of it.
it.
>> So so by being a little more in control
of your retirement we say take control
of your retirement by investing in
assets you know and believe in this
could be a single family rental you know
it doesn't matter what it is and I'm not
here to tell you what it is. I don't I
just want you to have a choice and say
of what you believe in to invest in it.
Um, and so that's what we do every day
at directed IRA right now. So, or you
know, or whoever you're working with,
just know like today if you're like,
man, I'd rather grow and build wealth in
my retirement account and assets I
believe in, you can do that today. I'm
just saying like you could take action
to right now to go do that. the 401k and
what Trump's working on um which could
be your employer 401k where you're
working or your business if you own a
business like that 401k is going to take
probably a year to two years before you
see meaningful change of what you can
invest in.
>> Yeah, I bet cuz like you know if I had a
I used to have a Fidelity 401k back when
I worked at Fox News and I would log in
there and I could only choose from
stocks and I remember calling them and I
said, "Hey, I want to invest in real
estate. can I use my 401k to invest in
real estate? And they said, uh, no. They
said, well, you can invest in like a
real estate stock. And I'm like, I don't
want to do that. I want to own actual
real estate. I want to own precious
metals. I want to be able to buy, you
know, rental properties. I want to be
able to You can't do that until you
close your 401k and you leave your job. And
And
>> then I transferred it over to you guys.
>> You know, we we set up a self-directed
account. We move everything over. So, I
I want to say to our audience, um, you
know, been working with Matt for many
many years. That's why I wanted to have
him on. No one knows this better than
him and his company. If you go to my
website, if you go to redacted.inc,
there's a big resources tab right at the
top. And it's not for everyone. Like, if
you're not interested in building wealth
with your family or anything like that,
then, you know, it's not for you. But if
you want to know how to do this, then
just click on that resources tab and
then scroll down and you'll see a big
section for for Matt's company for
directed IRA because we believe in them.
I've been working with him. We've been
working with him for years. So, just
click on that little button and like
book a call with Matt's team at Directed
IRA. And uh can you just give our
audience like a brief overview of like
if someone calls you guys to like set up
a self-directed IRA, what does that look
like? What does that phone call look like?
like?
>> Yeah. So, basically want to understand
what retirement account dollars you
might have. Most people that are doing
this are like, "Well, I've already got,
you know, this IRA over at TDM Trade or
I got the old employer 401k like you had
at at Fidelity and maybe I want to move
the whole thing or I want to move a
piece of it to go invest in real estate
or crypto or precious metals or a
private company, whatever you're into,
you know, I mean, I I've we've had
clients buy so many different
investments and it's it's actually very
fun. It never ceases to amaze me what
people are investing into and actually
making money on. So, um, but so whatever
your investment is, we basically help
you move those account dollars. Let's
say it's from Fidelity. And I got a
slide here. Let's let's show that just
so you can see kind of like cuz like if
you call Fidelity, just like you said,
Clayton, you know, they're like, "Well,
you can't buy real estate here. You can
buy a real estate stock." That's the
same thing if you're at TDM Trade or
your local bank or credit union, you
need a self-directed IRA or a provider
of IAS that says, "Hey, I'm not a broker
dealer. I'm not selling you investments.
We're just a custodian. We are open
architecture. Invest in whatever you
want that's allowed by law. And so
we're, you know, a regulated custodian.
We're audited, examined by the banking
department, all that type of stuff. Um,
but when you have an account with us, we
open it and transfer over that money.
You can unsure that. Um, and now your
retirement account is the investment is
real estate, let's say. Okay. And like
you buy the rental property, okay? The
rent check comes into the IRA. When you
sell the property, the gain goes into
the IRA. There's no tax on it. The IRA
pays the expenses on the property. If it
was like short notes, let's say, your
IRA lends the money essentially. It's
going to get the interest and principal
payments back. It's growing the account,
right? The return and that investment is
growing the account balance. And then
you keep investing it. You know, like
the thing with retirement accounts, it's
long-term wealth building. You know, I'm
45. I'm not looking at this thing to
help me next year, right? I'm looking at
this thing to help me when I'm 59 and a half.
half.
>> And so, but we want to get better
returns, compound it, and grow it. Uh,
so that's what the self-directed IRA is.
And there's 20 companies that do what we
do. We happen to be the best at it, but
um, but you're not going to do it at the
broker dealer. And that's where 99% of
people's accounts are. They're at a
broker dealer that restricts what they
can't invest into, not because of the
law, just because of their business. So,
you just need to move to the
self-directed account. And our team
helps with that. We open up the account
type. We help move your f funds over.
It's not taxable. It's not, you know,
there's no distribution or penalty or
taxes. It's like you went from Morgan
Stanley to Maril Lynch, from Schwab to
Fidelity. You know, you're just changing
the provider of the account. And again,
it could be the whole thing or a partial
amount. So, that's what it looks like.
You just need to get to a self-directed
provider that'll let you have open
investment options.
>> Yeah, it's a it's a game changer. It was
a game changer for me. I will say moving
that money out of my Fidelity account
after I left Fox and be able to roll it
over into a self-directed. It it opened
up the world for me to be able to buy
precious metals, invest in real estate,
buy real estate short notes. And by the
way, you're also able to lend the money
out. Like it's a whole other world that
people just don't know about because
Wall Street doesn't want you to know
about it. They do not want you to learn
this because now they are out of the
loop and they are not making money. And
this is why it's so frustrating. This is
why you never hear about it because so
many people watching this right now are
going to say, "Wait a minute. How do I
never hear about this? Well, cuz you're
not going to see a television commercial
from Fidelity that's like follow the
green line to retirement. It's going to
show like a happy old couple like
following a green line into a bank and
meeting with Fidelity adviserss and all
of this because there's nobody
advertising it on television
>> in order to drag you in and collect all
of these fees. Right.
>> Exactly. And that's just not how they're
built to make money, right? Their their
goal is to provide a service that they
make money off of. you know, we've just
built differently and that we want you
to take control of what you invest in.
We have an account fee, you know, an
annual account fee, but I'm not taking a
percentage of your deal or that assets
under management fee. We just have a
flat annual type fee. Um, and so, but
you know, it's interesting. Ray Dallio,
right, this guy was like Bridgewater
Associates, one of the biggest hedge
funds in the world, guy buying stocks
all day long. Just last week was getting
interviewed and he was talking about the
debt crisis in America. And what was his
recommendation basically of what to buy?
Like this guy was the most Wall Street
of Wall Street. Like every trader hedge
fund looked up to what this guy was
saying. He was not saying buy more
stocks. He said buy crypto and gold,
precious metals.
>> He said you need to start allocating to
those assets, which was crazy for a guy
that was like such a stock Wall Street
hedge fund guy that everyone else looked
up to. Um, and so, well, where do a lot
of Americans have their money?
>> Gold is now at an all-time high. Just
hit a new all-time high last week.
Silver is nearing its nearing its
all-time high. It's at a 15-year high
for silver.
>> Um, crypto, I mean, god, look at look at
what Bitcoin is doing for crying out
loud. $112,000,
I think, as of this morning for Bitcoin.
Like, okay. >> So,
>> So, >> yeah.
>> yeah. >> Yeah.
>> Yeah.
>> He's he's basically saying the stock
market's overvalued. debt is going to be
weighing it down and you want to be in
these deflationary uh these other assets
to protect against it. And um and so I
thought it was interesting because those
are assets I was not expecting him to
say. Um but also for if you're like like
the takeaway for someone that believes
in like his you know position and what
he his thought process there was like a
lot of people Americans are like well my
money's on an IRA so I can't do that.
Like I think that's a lot of people.
They hear that and they're like, "Well,
I that's not for me, you know." Um, no,
it is. You can do that right now with an
IRA. That's what I'm trying to tell
people. So, um, and we'll see what's
going to happen with the 401k as that
gains steam. Um, and I'll be updating
you guys here, of course, to Clayton on
like, you know, changes cuz DO and SEC
are I think they had 90 120 days to come
back on the executive order to kind of
with their proposals to like clear the
way for for these assets in your 401k.
Great. Well, Matt Sorson has been my
guest. Again, go to my website, go to
redacted.inc, and right at the top, not
it's not.com, it's redacted.inc. Right
at the top, there's a big resources tab.
And then when you click on the resources
tab, you'll see our trusted partners.
And I should point out Matt is not
sponsoring the show, this episode. He's
a good friend and I trust his advice
implicitly. Um, and I've been working
with Matt for years. So when you know we
wanted to have we wanted to do this
interview for a while now after Trump's
executive order because I think it's
very very important. So Matt is a
trusted partner and his team at directed
IRA are trusted partners. Um so just
scroll down on the page and you'll see
>> the the directed IRA section there. You
can learn more about it. Like click that
red button and connect with Matt's team.
Um they do a phenomenal job and I want
to help out our audience. I don't want
you guys stuck in these 401k plans just
investing in stocks on Wall Street.
There's a whole other world out there
and with inflation right now, most
people's retirement accounts are not
even keeping up with inflation. So, how
do you beat that is with these
alternative assets, right, Matt?
>> Yeah, absolutely. Yeah. And I think
that's just the time for you to take
control and feel some responsibility,
but also like the ability to do
something about it, you know? I think
that's been the problem is it's like,
you know, this is the retirement account
I'm either looking forward to it or I'm
dreading getting to. And I want people
to just feel more empowered about I have
some investment options. I can take
control. Well, that's part of the
American dream. It's like having control
of your own destiny. And being in those
Wall Street products, you don't have
that. You get a menu. You get the
destiny and the options they give you.
But if you get over here, I got a whole
bigger menu of options now. Other assets
I might know and believe in that can get
me a better return and a better
retirement account that I'm looking
forward to. What I'm most excited about
with this interview, because you're
going to have maybe 20% of the people
watching, maybe maybe more, will say,
"Oh, I knew all about self-directed IAS.
Yeah, you know, thank you for this, but
I already knew this." this. But there's
going to be a lot of people that watch
this for the first time that are going
to be like, I had no idea that a
self-directed IRA even existed and that
I could even do that because when I
first learned it, I was in my mid30s and
by the time I I was working at Fox News.
I was a news anchor at Fox News and I
learned it while I was there. Like I
didn't know it beforehand.
>> So, you know, it's not something that's
common knowledge for people. So, let me
know in the comments below if you're
watching this video right now. Like how
many of you are just learning that you
can even use a self-directed IRA and and
be humble about it. You know, you don't
have to like puff up your chest. Yeah, I
knew all about that. No, be honest.
Well, be honest cuz I didn't know about
it till I was in my 30s.
>> I I didn't know about it till I was an
attorney for two years and a client
stumped me with it. Wanted to buy real
estate with his IRA and I'm like, I
don't think you can do that. And he was
like, I'm pretty sure I can. And I was
like, I don't think you can. And I had
to like look it up and come back with a
little bit with humility and be like, so
you know more than I do. Uh, and the Bennett.
Bennett.
>> And now you run a whole company that
does it. That's hilarious.
>> And now you're the best at it. That's hilarious.
hilarious.
>> Yeah. I wrote the book on it. I just I
just cuz I thought it was fascinating. I
mean, quite honestly, I wanted him to be
right. I just thought he was wrong, you know.
know. >> Yeah.
>> Yeah.
>> Um, and so so yeah, but it is still to
this day. I mean, that was almost 20
years ago. It's crazy. It's been so
long, but it's still most people have no
idea you could even do this. And so, um,
and I it may not be for everybody, but
there's a lot more people that know
about it than than are currently doing
it. So, um, so thanks for having me on,
of course, to to talk about this and,
uh, um, yeah, let us know if we can be
of help to you, and we have tons of
resources and free resources, um, to
learn more about it and get educated, too.
too.
>> Matt Sorenson from Directed IRA, great
to see you, Matt. Great to great to
connect with you again.
Click on any text or timestamp to jump to that moment in the video
Share:
Most transcripts ready in under 5 seconds
One-Click Copy125+ LanguagesSearch ContentJump to Timestamps
Paste YouTube URL
Enter any YouTube video link to get the full transcript
Transcript Extraction Form
Most transcripts ready in under 5 seconds
Get Our Chrome Extension
Get transcripts instantly without leaving YouTube. Install our Chrome extension for one-click access to any video's transcript directly on the watch page.
Chrome Extension