Making sense of your 401k investing in real estate with Dmitriy Fomichenko
Dmitriy Fomichenko is the founder and president of Sense Financial Services LLC, a boutique financial firm specializing in self-directed retirement accounts with checkbook control.
It all began when he was laid off as an Electromechanical Engineer. He was forced to look for options and ended up being recruited by a local financial services firm. About the same time, he started investing in real estate and his career in financial planning began. He was given the task to start a department within the company and offer self-directed retirement solutions. In 2010, he founded Sense Financial Services LLC wherein they provide clients with the solution, giving them the opportunity to obtain checkbook control over their retirement accounts.
Over the years, he has taught hundreds of investment and financial planning seminars and has mentored thousands of investors.
In our conversation, we discussed:
- How Individual Retirement Account (IRA) and 401(k) works
- What is solo 401(k), its features and benefits especially for self-employed and business owners
- How you can use leverage inside a 401k
- How to obtain checkbook control and have some options here to grow your wealth
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