Bigger possible issue is taking custody in self directed structure as the trustee may be regulated like gold. no official guidance yet but it’s coming. They wanna force you into their Bolshevik banking cartel custodians/ ETFs. Unchained has an interesting solution but then you’re giving control to a custodian like Solera for 1 of 3 keys…because the IRS wants to ensure there is a reporting mechanism if and when your assets move. It’s a serious problem that few understand or can solve for…which is a shame because most of the fire power lives in qualified accounts. If we’re gonna win on this front we need better solutions…otherwise folks are gonna capitulate and feed the beast via ETFs.
Discussion
after much thinking my conclusion is custody is for next generation.. most of my gen and older would Max use ETFs .. only few fifty plus have the tenacity to learn , understand and maintain self custody .. even those who do , will never go full throttle because risk appetite diminishes with age .. most of us would be stuck in ETFs or exchanges at best .. but it is not a bad thing , at least youngsters can own their money and it sure puts a check on unhinged printer :-)
it's a lotta brain cycles on super boring uncreative bullshit. rather be gardening, shredding, or chasing the kiddo around.