IRAs and Wealth Creation
A VC: Musings of a VC in NYC
OCTOBER 6, 2021
A couple of years ago, I wrote about buying crypto in an IRA. I went and did that with an old unused IRA that was sitting in cash and I have 8x’d the value of that IRA in the last 18 months. While my family is fortunate that we don’t have to rely on our IRAs to generate wealth like this, many folks do. Tens of millions of people in the US rely on IRAs to save money tax-free for their retirement.
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