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How To Use Your Retirement Account To Buy Businesses & Real Estate | Greg Herlean

Wealthy Way

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Can You Buy a Watch With IRA Money?

You can't pay yourself at NFTs, cards and collectibles. So they can go buy that laundromat with a self-directed IRA. That's crazy. Can you do watches? Sure, you could do a watch. It's a watch. The way you would do a watch is you have to have a company,. I haven't seen anyone do it, but you could do it. A company that buys. that watches and then, and then sells the watches. And that's the profit. Yeah. If you're not using it, if you're buying an asset that intends to be profitable, unless it's not or collectible, you can do that.

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