Jim Hitt, CEO Of A National Self-Directed IRA Services Provider, Responds To The News That Oil Has Reached A 6 1/2 Year Low

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Foxx Business Reports that oil prices fell more than 6 percent to fresh 6-1/2-year lows on 8-24-2015. Jim Hitt, CEO of a national Self-Directed IRA service company cautions investors.

American IRA CEO

American IRA CEO, Jim Hitt

It is times like this that reinforce the need for diversification in investments. Anyone who relied squarely upon their stock investments is likely regretting it now.

Foxx Business Reports that oil prices fell more than 6 percent to fresh 6-1/2-year lows on 8-24-2015. Jim Hitt, CEO of a national Self-Directed IRA service company cautions investors.

Jim Hitt cautions investors stating "Whether you are investing inside or outside a Self-Directed IRA, if you are considering a swing in your investment strategy it is best to make sure you have considered all points before moving forward."

Clients at American IRA use their Self-Directed IRAs to invest in many asset types including oil and stocks. This current market often causes people to panic and sell their stock shares despite the fact that those sales ensure they will definitely experience a loss. Whether it is prudent to hold on to one stock versus another is a tricky subject that is better left to the experts though in general most investors agree that a drop in stock values is not the time to sell instead this is a time to cautiously proceed with purchasing low.

Jim Hitt insists, "It is times like this that reinforce the need for diversification in investments. Anyone who relied squarely upon their stock investments is likely regretting it now. That is why the power of tax advantaged Self-Directed IRAs is such a great tool. Investors can invest in nearly any asset type. This flexibility allows individuals to hold a greater variety of assets thus protecting their portfolio when one asset becomes seriously devalued."

Check the American IRA website for more information about this powerful tax advantaged tool.

About American IRA, LLC:

American IRA is committed to providing every client with gold-level service, regardless of account size. Experience their expertise through their certified IRA services professionals. Enjoy the value with one low annual fee of $285 with unlimited assets and unlimited account values. American IRA clients love the benefit of no charge for "All Cash" accounts. The performance of the American IRA staff is unmatched, with quick and efficient processing within 48 hours.

American IRA services thousands of clients and has over $300 million in assets under administration.

American IRA was built by investors for investors, and brings their successful investment experience to the table, providing excellent educational material showing the public that their self-directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.

American IRA is conveniently located in Asheville, NC and Charlotte, NC, and serves clients nationwide.

American IRA is the sponsor of American Wealth Radio. Click here for more information.

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Sean McKay
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