Episode #28
The Wealthy Don’t Invest Like Everyone Else: Taking Control Beyond Wall Street – Ep28 Mat Sorensen
The Wealthy Don’t Invest Like Everyone Else: Taking Control Beyond Wall Street – Ep28 Mat Sorensen What if the money you’ve spent decades building is invested in things you barely understand—and controlled by people you’ll never meet? Mat Sorensen is a business and tax attorney, entrepreneur, author, and founder of Directed IRA. After helping thousands of investors use retirement accounts to purchase real estate, private businesses, oil and gas, venture capital, and other alternative assets, he became one of the nation’s leading authorities on self-directed investing. In this conversation, Mat and David explore why there is no single path to wealth, why earning money and preserving it require different skill sets, and why many successful investors prefer to stay closer to their capital. Mat explains how self-directed retirement accounts can allow investors to move beyond stocks and mutual funds and invest in assets they already know and understand. But greater control also brings greater responsibility. The investor must build the network, evaluate the operator, understand the risks, and develop the judgment to make informed decisions. They also discuss Mat’s unconventional path from becoming a father at 18 to building a national law firm and one of the fastest-growing self-directed retirement companies in the country. The goal is not simply to invest differently. It is to build wealth with greater clarity, connection, and choice. Episode Links Connect with Mat Sorensen and Directed IRA: https://directedira.com Use discount code FREEDOM150 to save $150. Connect with KKOS Lawyers: https://kkoslawyers.com The Self-Directed IRA Handbook: https://sdirahandbook.com Get David Phelps’ book, The Exit Optional Playbook: https://exitoptional.com Timecodes 00:00 — What Does It Mean to Be Wealthy? 01:19 — Why Mat Calls Himself a “Wealth Lawyer” 03:12 — There Is No Single Path to Wealth 06:06 — Becoming a Father and Husband at 18 09:20 — Why Mat Chose Law and Entrepreneurship 12:08 — Discovering Self-Directed IRAs 15:25 — Building Directed IRA 18:03 — Why Wealthy Investors Favor Alternative Assets 21:20 — Staying Closer to Your Money 23:48 — Who Is a Good Fit for Self-Directed Investing? 26:34 — Control Requires Education and Due Diligence 28:54 — Why the Best Investors Specialize 30:18 — Tax Strategy, Asset Protection, and Estate Planning 32:21 — How to Connect With Mat and Directed IRA
