With Dow at 22,000, Self-Directed IRAs Become More Attractive to Investors - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
August 26, 2017 Newswires
Share
Share
Post
Email

With Dow at 22,000, Self-Directed IRAs Become More Attractive to Investors

PR Web

Atlanta, GA (PRWEB) August 26, 2017

The Dow Jones has hit 22,000, and yet there are many investors who are just as interested in Self-Directed IRAs as there are stocks. The reason? Many investors are worried about an impending stock market correction that could send retirement savings plummeting, potentially taking years to achieve their original value again.

That's the world according to American IRA, at least, wherein the American IRA blog, authored by American IRA CEO Jim Hitt, points out the appeal of Self-Directed IRAs in times where the Dow Jones seems to have no upper limit.

"People love the big numbers on Wall Street," Jim Hitt admitted. "But there are those who see those big numbers and just think 'bubble.' Maybe the truth is somewhere in between, but in the meantime, there are plenty of ways to hedge against a future stock market crash or correction while your investments are valuable. And one of the most important ways I've seen is through Self-Directed IRAs."

Self-Directed IRAs, Jim Hitt argues, are an invaluable tool for diversifying asset classes out of the stock market and into other traditional and non-traditional investments such as private companies, precious metals, real estate, and more.

"The key to the success of Self-Directed IRAs is that people see they can have the same retirement account protections with different assets," says Jim Hitt. "If an investor is great at handling real estate properties, for example, a Real Estate IRA is a tremendous vehicle to build wealth. This moves money away from the stock market for the individual and creates a more rounded portfolio."

To many investors, diversification is the name of the game when it comes to avoiding the issues caused by plummeting markets. At American IRA, which is a Self-Directed IRA Administration firm, Self-Directed IRAs are the obvious answer to hedging away from the market while still realizing the protections of retirement accounts.

"You don't have to invest in stocks to have the tax protections your retirement nest egg needs," says Jim Hitt. Many investors across the world are realizing the same thing.

About:

American IRA, LLC was established in 2004 by James C. Hitt in Asheville, NC.

The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Mr. Hitt and his team have grown the company to over $250 million in assets under administration by educating the public that their self-directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.

As a self-directed IRA administrator they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms ). They are not responsible for and are not bound by any statements, representations, warranties or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term "they" refers to American IRA, located in Asheville, NC.

Read the full story at http://www.prweb.com/releases/2017/08/prweb14630628.htm

Older

New Aquarium apps set to revolutionise travel insurance journey

Newer

Five Star Professional Recognizes Atlantic Planning Group

Advisor News

  • Finseca and IAQFP announce merger
  • More than half of recent retirees regret how they saved
  • Tech group seeks additional context addressing AI risks in CSF 2.0 draft profile connecting frameworks
  • How to discuss higher deductibles without losing client trust
  • Take advantage of the exploding $800B IRA rollover market
More Advisor News

Annuity News

  • Somerset Re Appoints New Chief Financial Officer and Chief Legal Officer as Firm Builds on Record-Setting Year
  • Indexing the industry for IULs and annuities
  • United Heritage Life Insurance Company goes live on Equisoft’s cloud-based policy administration system
  • Court fines Cutter Financial $100,000, requires client notice of guilty verdict
  • KBRA Releases Research – Private Credit: From Acquisitions to Partnerships—Asset Managers’ Growing Role With Life/Annuity Insurers
More Annuity News

Health/Employee Benefits News

  • As ACA subsidies expire, thousands drop coverage or downgrade plans
  • Findings from Centers for Disease Control and Prevention Provides New Data about Managed Care (Association Between Health Plan Design and the Demand for Naloxone: Evidence From a Natural Experiment in New York): Managed Care
  • Medicare is experimenting with having AI review claims – a cost-saving measure that could risk denying needed care
  • CMS proposed rule impacts MA marketing and enrollment
  • HUMAN RIGHTS CAMPAIGN FOUNDATION TAKES NEXT STEP IN CLASS ACTION LITIGATION AGAINST TRUMP ADMINISTRATION, FILES COMPLAINT WITH EEOC OVER PROHIBITION ON GENDER-AFFIRMING HEALTHCARE COVERAGE FOR FEDERAL EMPLOYEES
More Health/Employee Benefits News

Life Insurance News

  • U-Haul Holding Company Reports Third Quarter Fiscal 2026 Financial Results
  • MetLife Announces Full Year and 4Q 2025 Results
  • Somerset Re Appoints New Chief Financial Officer and Chief Legal Officer as Firm Builds on Record-Setting Year
  • Indexing the industry for IULs and annuities
  • AI in life and health: Poised for a 2026 breakthrough?
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

LIMRA’s Distribution and Marketing Conference
Attend the premier event for industry sales and marketing professionals

Get up to 1,000 turning 65 leads
Access your leads, plus engagement results most agents don’t see.

What if Your FIA Cap Didn’t Reset?
CapLock™ removes annual cap resets for clearer planning and fewer surprises.

Press Releases

  • Prosperity Life Group appoints industry veteran Rona Guymon as President, Retail Life and Annuity
  • Financial Independence Group Marks 50 Years of Growth, Innovation, and Advisor Support
  • Buckner Insurance Names Greg Taylor President of Idaho
  • ePIC Services Company and WebPrez Announce Exclusive Strategic Relationship; Carter Wilcoxson Appointed President of WebPrez
  • Agent Review Announces Major AI & AIO Platform Enhancements for Consumer Trust and Agent Discovery
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet