An oil and gas investment is considered to be an alternative investment, but also a potentially lucrative one. Mineral rights investing is widely regarded as being highly complex and difficult for the average investor to understand. While this is true to an extent, when you work with a professional understanding mineral rights, you can understand the ins-and-outs of the industry and get recommendations on how to maximize your investment. Investing in minerals through a self-directed IRA is increasing in popularity for plenty of good reasons.
Why Put Money In A Self-Directed IRA?
When you put investment capital into a self-directed IRA, the minerals are producing in parallel with IRA growth. This simply means that as your minerals produce for the next 20-30 years, you could be funding your IRA at the same time and earning a high interest rate as well. Arguably the best thing about this is the growth of your assets is tax-deferred (for traditional IRAs) and you get to take advantage of monthly cash flow and asset growth at the same time. Investors are attracted to the long-term growth of minerals in a self-directed IRA, and a great addition to their investment portfolio.
Determine If A Self-Directed IRA Is Right For You
Funding a self-directed IRA makes sense for a lot of people involved in mineral rights investing, but you need to look closely at your situation before deciding. It’s a great way for an investor to diversify their portfolio by splitting up their retirement savings. It’s also attractive for people who don’t like investing in bonds or the stock market – or maybe are just looking for expanding their asset classes. And if you are interested in mineral rights investing in particular, then a self-directed IRA is one of the best options for the reasons previously mentioned.
Put Your Oil And Gas Investment To Work For You
Although there are clear benefits to using a self-directed IRA, getting into the right oil and gas investment is critical. Mineral rights investing is typically regarded as being low-risk, but it is a complicated industry many investors don’t understand completely. Working with a mineral expert can help fill in any gaps you may have in your knowledge and may be able to shape the way you think about your investments at the same time. Once your minerals start working for you, it’s very possible the returns could fund your self-directed IRA completely and move you closer to your retirement goals.
Eckard Land & Acquisition has more than 30 years of experience in the energy industry and understands the ins-and-outs of Oklahoma minerals and mineral rights investing. Every investor’s situation is different and it’s our job to provide them with the knowledge they need to shape their investment portfolio in the most beneficial way for them. There’s a lot to understand about mineral rights investing and we are here for you every step of the way. Don’t hesitate to contact us if you have any questions or need advice.