Sal Daher - Startups in the IRA? Pros & Cons from Decades of Investing

<p class="p1"><span class="s1">Aging Fit Substack: <a href= "https://saldaher.substack.com/?utm_source=substack&utm_medium=web&utm_campaign=substack_profile"> Learn More</a></span></p> <p class="p1"> </p> <p class="p1"><span class="s1">In my fourth decade of angel investing, I’m happy with my investments but regret having put them in my IRAs. Here are pros and cons of having illiquid, operationally complex and hard-to-value assets in IRAs.</span></p> <p class="p2"> </p> <p class="p2">Sponsored by Purdue University entrepreneurship and Peter Fasse, patent attorney at Fish and Richardson.</p> <p class="p2"> </p> <p class="p1"><span class="s1">Highlights:</span></p> <ul class="ul1"> <li class="li1"><span class="s1">Investing in Startups via an IRA Can Be Burdensome, Here’s Why</span></li> <li class="li1"><span class="s1">How I came to Have so Much of my Net Worth in my IRAs</span></li> <li class="li1"><span class="s1">Thank You Citibank for Encouraging a Young Banker to Save</span></li> <li class="li1"><span class="s1">Thank You Bob Smith for Allowing Me to Fish When the Fish Were Running</span></li> <li class="li1"><span class="s1">Why The Fish Are Not Running Any More</span></li> <li class="li1"><span class="s1">“Some weeks I spend half my time dealing with IRA-related paperwork. I have many better things to do with my life.”</span></li> <li class="li1"><span class="s1">The Initial Investment Is a Lot of Work for Everyone Involved</span></li> <li class="li1"><span class="s1">Corporate Actions Guarantee Constant Attention to the IRA Is Required</span></li> <li class="li1"><span class="s1">Then There Are the Required Annual Valuations</span></li> <li class="li1"><span class="s1">It Gets Worse!</span></li> <li class="li1"><span class="s1">The Upside of Investing in Startups from the IRAs</span></li> <li class="li1"><span class="s1">Conclusion</span></li> </ul> <p class="p2"> </p> <p class="p1"><span class="s1">Topics: angel investing strategies</span></p>