MarketWatch
Peter Thiel turned his Roth IRA into a pot of gold. You can too, but tread carefully
Peter Thiel transformed a tiny Roth IRA worth approximately $2,000 into a $5 billion tax-free behemoth, according to an article from the investigative news site ProPublica. “You would have to tread very carefully,” said Michelle Gessner of Gessner Wealth Strategies in Houston, Texas. “I don’t think it’s impossible for the average person to do their own smaller scale version of it,” said Malcolm Ethridge, executive vice president at CIC Wealth in Rockville, Md., and host of The Tech Money podcast.
