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WSJ Article on $3M Roth

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  • WSJ Article on $3M Roth

    Why aren't these options available in my roth?  

    http://archive.is/DMp6p

  • #2
    Lightweights

    How A Serial Entrepreneur Built A $95 Million Tax Free Roth IRA


    https://www.forbes.com/sites/deborahljacobs/2012/03/20/how-facebook-billionaires-dodge-mega-millions-in-taxes/#27ab9e058f37

     

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    • #3
      The WSJ article makes my head hurt. ROTH accounts are not allowed to self-invest, but buying obviously undervalued shares of a subsidiary company when you own the parent company is ok? It takes a certain amount of chutzpuh to value the DISC holdings at $3000 when it immediately returned nearly 1M/year. No wonder the IRS sued, I'm sure they are shaking their heads right now.

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      • #4
        I thought about figuring out a way to have my Roth IRA own WCI. That would be a pretty cool trick huh?
        Helping those who wear the white coat get a fair shake on Wall Street since 2011

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