NonEUCitizen

5 lat temudiscuss

Many times, $0.001 turns out to be too high a value for startup shares -- a lot of startup shares end up being worth zero.

NonEUCitizen

5 lat temudiscuss

and blames people for following the law instead of congress for writing the law as such.

NonEUCitizen

5 lat temudiscuss

I think you can have houses that are bought for investment (e.g. rented out to others) but not a house you live in. You need IRA custodians that allow alternative investments.

NonEUCitizen

5 lat temudiscuss

Did you read the article? It mentions he used Pensco, an IRA custodian that allows alternative investments. Pensco is now Pacific Premier Trust.

NonEUCitizen

5 lat temudiscuss

Part of the article mentioned the IRA was disclosed in his application for New Zealand residency. So does NZ publish residency applications? Or was that also leaked?

NonEUCitizen

5 lat temudiscuss

He wasn't a billionaire when he started the IRA account.

NonEUCitizen

5 lat temudiscuss

What is the harm?

NonEUCitizen

5 lat temudiscuss

They did not write about people who used their IRAs to invest in startups that went belly-up and lost money.

NonEUCitizen

6 lat temudiscuss

Juicero actually worked. It just didn't work as well as using your bare hands.

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