44 min listen
E160: Investing Those Retirement Dollars - Dan Kryzanowski
E160: Investing Those Retirement Dollars - Dan Kryzanowski
ratings:
Length:
24 minutes
Released:
Oct 22, 2020
Format:
Podcast episode
Description
KEY TAKEAWAYS1. You don't need to just invest in traditional accounts such as stocks and brokerage accounts. This is perhaps the only investment opportunities you'll see offered by certain institutions... but this doesn't mean it's the only method for someone in your position. 2. Taking out money from your retirement will NOT create penalties and fees. This is a common misconception. 3. A custodian is someone who will look after your money and make sure you're on the right path with legal compliance. 4. LPs - if you're not a general partner or sponsor on the deal (not taking the ownership equity and making decisions) you can invest in anyone's deal by working with a custodian. 5. You can't invest in your brother or your sister's deal. There are complicated rules so make sure you speak to a professional and get proper advice.6. Spread your assets across various risk level portfolios so you've got a nice mix of high returns with high risk and lower returns with lower risk. LINKShttps://www.linkedin.com/in/danielkryzanowski/https://www.crunchbase.com/person/dan-kryzanowskihttps://twitter.com/dkryzanowski
Released:
Oct 22, 2020
Format:
Podcast episode
Titles in the series (100)
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