WSJ Article on $3M Roth

[Craigy]

Why aren't these options available in my roth?  

http://archive.is/DMp6p

[notadoc]

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

 

[pulmdoc]

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.

[The White Coat Investor]

I thought about figuring out a way to have my Roth IRA own WCI. That would be a pretty cool trick huh?