Alternative Assets for your IRA (Eric Satz, Alto IRA)

#EricSatz #AltoIRA
Eric Satz is the founder and CEO of Alto, a platform for investors to use their retirement accounts for investing in alternative assets, such as private companies, real estate, cryptocurrency, equity crowdfunding, and marketplace loans.

The firm enables investors to better diversify their IRA and 401(K) accounts into higher-return, long-term alternative investment opportunities.

For a long time, IRAs have been dominated by Fidelity, Charles Schwab, eTrade, and Vanguard. However, digitization and the fintech revolution have opened the door for a wave of new upstarts.

In this episode, Eric and Aaron discuss why alternative investments are on the rise, how his company raised a $40m Series B, and the field of competitors.

TIMESTAMPS

00:00 INTRODUCTION
02:09 What does Alto does?
09:00 Fractionalization of Ownership
13:52 How to Deal with Risk
16:27 Predicting what will happen in 2020
20:22 Difference of AltoIRA from other Companies
27:30 You Don't Pay Taxes on Capital Gains
32:17 You Can't Use Your IRA to Buy from Yourself
33:05 Every overnight success is a long time in the making
35:15 Where can you find Eric Satz
37:28 Eric Satz Challenge to Everyone