Damion Lupo is a lifelong entrepreneur. He’s been in a number of businesses since age 11! He believes that he’s come across an ideal investment vehicle that can work for many self-employed small business people. It’s called the QRP or better known as the Self-Directed 401k. It allows for higher yearly contributions, more freedom to invest and less red tape than a conventional self-directed IRA. Of course there are always rules that must be followed, so you need to be very careful and seek out the advice of professionals. The self-dealing limitations are less strict than those for IRA’s and you’re able to invest in real estate and precious metals far easier. Much to learn about here.
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