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by gibybo 2875 days ago
EDIT: Oops I misunderstood tehlike and had a comment about 401k -> IRA rollovers here which wasn't actually relevant.
1 comments

Self directed IRAs are fairly specialized and are not offered by most brokerages. They also generally cost several hundred in annual fees just to maintain the account, regardless of usage.
That’s not true at all, fidelity is self managed and free aside from selling or stock. I’ve managed my own Roth and traditional Ira for years this way.
Sorry, but I don't believe that's accurate[1]. Being able to manage your own Roth and Traditional IRAs does not a "self-directed IRA" make.

[1] https://www.quora.com/What-is-a-Fidelity-self-directed-IRA

Perhaps I misunderstood, I would interpret self directed as an account I determine the direction of my investments. Thanks for clarifying.
Sorry, you're right, I misunderstood.