#36 - Unlock Private Investments with Your IRA (No Accreditation Needed!) - Introducing Bequest Fund

[00:00:00] The information contained herein is intended to help the viewer successfully navigate common IRS and Department of Labor requirements to help achieve successful results from their IRA. The information is not intended to replace information from your legal counsel or income tax professional. IRA Club does not offer or sell any investment. All investments have risk.

[00:00:15] This communication relates to a proposed Regulation A offering. No money or other consideration is being solicited or accepted at this time, and if any money is sent, it will be returned. No offer to purchase securities will be accepted until the offering statement filed with the SEC has been qualified. Any indication of interest is non-binding and may be withdrawn at any time prior to acceptance.

[00:00:37] This is the Investor's Row Podcast powered by the IRA Club. Alternative investing reimagined. Whether you're a seasoned investor or just getting started, we're here to empower you to take control of your financial future and unlock the power of your self-directed retirement accounts. Let's get started.

[00:00:56] Welcome back to another Investors Row Podcast with your host, Kasia Baldus. And today for me, I'm very much excited to learn how somebody in our world helps not only the accredited but the non-accredited investors. And my co-host today, Sean, who I'm not going to steal any of his thunder, is going to break that down with a special, special tribute to those that are interested to invest with their retirement dollars.

[00:01:26] But for some reason or another have never had a way to get into the private sector space. Why? Because maybe they were told that they couldn't, they couldn't identify the investment opportunity, or simply their financial advisors just simply put them in the traditional sense of stocks, bonds, mutual funds, and ETFs. Well, in my personal opinion, there are much better ways to use your retirement dollars.

[00:01:50] And for those of you who have never heard of a reg A offering, you're in the right spot. And IRA Club solely focuses on how to diversify one's retirement portfolio.

[00:02:03] And a long time, long time, long time, and a frequent partner, I would say, Sean, if that's okay for me to say that, you know, with the IRA Club and part of Investor Row's platform, so feel free to always check out the marketplace, is you're going to learn how you can, again, diversify your retirement portfolio for as little as $5,000. And yes, non-accredited or accredited or accredited anybody could jump in.

[00:02:31] So, Sean, I'm not going to steal too much of your thunder outside of saying you are one of the managing partners of BeQuest. I want to learn a little bit more about your story, how you got involved. And I'm also going to chime in every once in a while to say, one, I love what you're doing there at BQuest, right, first and foremost.

[00:02:49] Two, the investment opportunity itself is unique in the aspect that not only could anybody get involved, right, but also it's the flexibility to take just a little bit, just a little bit to dip your toes, right, into something that you may not be familiar with, but anybody could do it. So, Sean, do me a favor, chime in, tell us a little bit about BQuest, who you are, how you got started, and we're going to go from there, my good friend.

[00:03:20] Well, Kasia, I'm so grateful to be here with you today. I've actually been looking forward to this conversation, and so it's finally here. BQuest, we've been around, we just crossed over, hard to believe, it's six years. We've been at this for almost six years, and I was just telling somebody the story about how on March 13th, 2020, the day we launched this company, what happened to the world?

[00:03:48] You know, we just had that anniversary here just a few weeks ago, but on Friday the 13th, when we launched BQuest, we were all excited, ready to go. And I remember our attorneys were like, are you sure you want to launch on Friday the 13th? They're like, listen, let's go, let's go. Well, that afternoon, the President of the United States came on the TV and shut down the country.

[00:04:15] And that was the beginning, that was the beginning of BQuest. But one of many trials that, you know, you kind of go through as an entrepreneur and in life that kind of tests your will. Are you really committed to this? And really, that's where we started. You know, my background came from corporate America, right? I was in corporate.

[00:04:41] I was, you know, an entrepreneur at heart, stuck making a really good salary in corporate America. And so I always wanted to be an entrepreneur. And when I got my first job in technology, you know, they just paid me too much to go start my own business. But it wasn't until, you know, in my late 30s that I finally said, listen, like, I have such a passion for investing. I have such a passion for real estate.

[00:05:11] I have a passion for math. And all of these things kind of led me to start BQuest with my business partner, Martin Signs. And so we've been at it. You know, this journey is like anything. These are hard journeys, especially as an entrepreneur. We've learned a lot in six years.

[00:05:34] We've finally come to the place where you mentioned, where we realized from the beginning that access is everything. Access to opportunities is everything. Yes. And, you know, when I first started, when we first started BQuest, we were raising capital. The government told us one thing. You can only wait, raise capital from accredited investors. And I'm like, oh, that's interesting.

[00:06:03] I wonder where you find accredited investors. Yeah. That was always the big secret. Yeah. Where do you find accredited investors? And so that was our struggle from the beginning. Like we have this great investment strategy. We have, we, we've been implementing generator returns from mortgages that we buy off the secondary market for a while. But from the very beginning, it was like, listen, the government says you're special if you're called accredited.

[00:06:31] And so Sean, you want to sell your products? You can only sell it to those people. And so kind of we got in line. We played the game for a while. And, and it was. And I actually chime into that, if you don't mind, Sean. You know, it's, it's funny that you should say that, right? Because that's always been one of IRA club's challenges, right? We're the majority of the people that we teach this strategy of self-directing.

[00:06:57] The people that really do apply it are only the accredited investors, right? And that's how kind of our paths kind of align with each other. Like in the last, that's how long we've actually known Bequest, by the way, for about five years. And that's how we've, we met, right? We kind of ran around the same circles of people, met at the, pretty much the same types of events. Everybody was kind of chasing the same type of investor, which was the accredited investor.

[00:07:23] And, and I just thought to myself, you know, and most, by the way, most people don't know this. Less than 9% of Americans qualify as accredited, right? So Sean's point of view was like, well, how the heck do I help the other 90 plus percent of Americans, you know, to get into this space and get, you know, the word about, I like to say, diversification, right? Especially within a retirement account. But how do we help those types of individuals?

[00:07:53] And that's where, when I met you, and I'm not sure if I met you or was it James, right? I think I met James. James, James is the one that he's the one out there. And every once in a while, he drags me alone. Drags you along. And I've seen you present on stage before, but I think that's what drew me to you was more so how like your, and I know I'm not going to jump ahead of myself. We're not going to get into the actual bond, right? The BeQuest Bond, the reggae itself, but it was, oh, wow.

[00:08:21] I just found the perfect vehicle, right? Even though I can't endorse or talk about investment opportunities to help the other 90% of Americans, majority of the people that were actually at these events was to say, hey, do you know that you could use a portion of your retirement dollars to invest in this type of asset class? No, I can't because everybody at this event only deals with accredited investors and I'm non-accredited.

[00:08:49] So again, I think that was the match made in heaven in my eyes, right? Was to reach out to you and be like, hey, we got to work together. And here's the reasons why. And it was again, you know, five years later, that's kind of where our story started. But again, I didn't want to steal too much of that, but I thought that that was a funny way to introduce your actual Bequest fund to all the IRA club members here. And again, it was a home run and I'm super stoked for you guys.

[00:09:18] And you guys come a long way. And one of the things that you mentioned about yourself that I think you take enough credit for is the integration side. And my integrations team had, you know, led by Xavier and the rest of them say that Bequest is actually very easy to work with because they get the integration side of it. The simplicity, the simplicity, the process, fully easy to use, very customizable. So kudos to you and your team.

[00:09:43] So again, I don't know why I'm stealing your thunder, Sean, but I thought maybe I'd give you a shout out in that way. Well, Ronis, thank you. You know, our team works really hard. There's so many things that goes into kind of managing people's money and expectations, right? And people have trusted us with their money. There's a lot of things that we think about. We think about, like, how are we going to put this to work and generate returns that we've promised?

[00:10:11] How do we make it a good experience for our investors? When we came into this space, like, it was, you know, it was kind of antiquated. It hadn't changed, right? And for a lot of investment managers, like, they're just continuing to do the same things over and over. There's really not much innovation in our space at all. Sure. And for the rule, like, when we first started, like, the rule was you can only sell to accredited investors.

[00:10:39] And we're like, okay, well, let's do that. And then we started asking ourselves, well, why? Why? Why is that the case? Like, are managers like us? They think it's just easier? Is there more money there? Like, what is the reason? And so for a while, we were searching, like, why is nobody doing it? And it's really around regulation and the federal government.

[00:11:07] It came down to, you talk to other managers, and they're like, listen, I'd love to sell my opponent to anybody, but I can't. I can't. The government doesn't allow me to. Sean, if you don't mind me, because maybe we jumped a little bit ahead of ourselves, but for those maybe that are listening for the very first time to this podcast, can you distinguish what is the difference between accredited and non-accredited? Yeah, yeah, exactly. There's a very technical term in it. You know, if you asked ChatGPT, they'd tell you exactly what it is.

[00:11:37] But really, at the end of the day, you know, you need a million dollars in assets or you need a couple hundred grand. I don't know the exact number. I'm probably not the guy, but a couple hundred grand in income. And then, you know, the government says, well, you're sophisticated. You're sophisticated. You can go through the gate to get in. Or step four to get into doing private equity deals.

[00:12:07] And to your point, you're right. It is $200,000. And if you file, that's filed as an individual, but jointly it's $300,000 or household income is $300,000. Or you have to qualify, for example, if you're a fiduciary registered investment advisor with a securities license, that also applies to you being accredited. In my personal opinion, Sean, I don't mean to excuse my French.

[00:12:33] It's all a crack of shit in my eyes because there's a lot of people that I meet that are more sophisticated than some of these accredited investors that are non-accredited. I'm being frank with you. But to your point, yeah, I just wanted people to know what are the differences if they are listening for the first time. So, again, I know education is something you're very passionate about.

[00:12:54] And in particular, you know, I know your focus has always been on, okay, you started off with, excuse me, a 506, Reg D 506C. Correct me if I'm wrong. We did. And that's how you started off. And I don't think people realize how hard it is to get a Reg A offering, which, again, this allows the non-accredited investors, again, to kind of dip their toes, take the first step forward,

[00:13:20] allowing them to diversify not only their personal funds but their retirement dollars in the same manner. Because, correct me if I'm wrong, Fidelity, Vanguard, Schwab, the other 10,000 brokerage firms that are out there, they don't allow you to use a Bequest as an option on their platform. So, if somebody has an IRA or 401K, is that correct? Yeah, that's correct. And, you know, again, an access is everything. Yep.

[00:13:46] And so, you know, the guys, the big guys out there that control the market also control what you can and cannot invest in. Forget the federal government, but you've got Schwab, Fidelity. Those guys also tell you what you can and cannot invest in. Yep. To me, like, drives me crazy. That's a whole other area that we could go into.

[00:14:11] And at the end of the day, right, you know, it's really hard to find opportunities to invest in. And I know that's what you guys have been doing at IRA Club. You're creating an environment, a marketplace for people to find opportunities and deal flow. So, you know, you are, if everywhere you look and you're, you know, as you go on your investing journey, there are people that are controlling what's going in front of you.

[00:14:41] And a lot of investors don't realize it. True. And so, you know, even if you wanted to, where you place your money controls what you have access to on top of the federal government telling you what you can and can't do. You know, it's funny that you should say that. The name of the game, the term, right, in our world, self-directing, it means control.

[00:15:09] And what we're trying to teach you is to take control of your own future, whatever that amount can be. But diversification is key. You should not have all of your retirement dollars in one basket, right? Stocks, bonds, mutual funds, ETFs, sometimes publicly traded REITs are what you're used to within a retirement account. Because that's what we do focus on here is the education of retirement, right?

[00:15:33] And how to create not only the education portion, but double-digit returns to maybe one day you do become an accredited investor. Okay, that is the goal. So if you are listening, this is an opportunity to possibly dip your toes in this sector, which is the private equity world. And what I was trying to get to a split second ago with Sean was REG-Ds are a dime a dozen. I see them everywhere.

[00:16:00] In fact, for those that don't know this, there are probably over 300,000 REG-D offerings that are filed, right, with the SEC. Versus REG-As, they're very, very hard to come by. So that's what Sean's journey, like, led him to, to be like, hey, and Sean, correct me if I'm wrong, it ain't easy to get a REG-A offering. I know you're laughing, but try to explain what that process was kind of like. Yeah, it's definitely not easy.

[00:16:27] And so, you know, for us, our investment strategy, we've been using it now for the last six years. We're in alternatives. You would consider us maybe private credit-ish, not really private equity, but private credit-ish. That's kind of where we sit. We buy mortgages off the secondary market. You know, we buy scratch-in-debt loans. Loans that didn't go into securitization, we will scoop up and buy them and hold them for cash flow.

[00:16:56] That's really been the foundation of our investment strategy. We mainly focus in the second lien place. You know, we're buying mortgages that are on residential properties all across the U.S. with hardworking Americans who are paying these mortgages. And we're taking that income and we're distributing it through our funds to our investors. And that's really been our investment strategy from the beginning.

[00:17:23] It's a very unique alternative investment strategy. And, you know, a big mentor of mine, Ray Dalio, he said, listen, he said, if you can find 10 to 15 diversified streams of income, you will have reduced about 85% of your risk in your portfolio. And so you have to find these alternative type of investments.

[00:17:53] You know, we should be one of 15 in your portfolio, according to Ray. And so finding them is actually the most you would think, oh, they're everywhere. No, they're actually not. They're not everywhere. Finding them is the key. And then getting past whether you can get in it or not, like that's that's the second gate into the into the the opportunity.

[00:18:18] And so, you know, we're just one of many that alternatives that you probably should have in your portfolio. But but yeah, back to your point, Ramaz, it was not easy to get a reg A. And in fact, in other words, these are all really technical terms with the government regulation. A five. Yeah, yeah, yeah. And all of this stuff is probably meaningless. So, yeah, to the average normal average investors.

[00:18:46] But to us, that's the world we kind of live in. We got to we got to follow the rules. We don't want to get put in jail. And so these all these things matter to us. But, you know, when I started doing some research, I'm like, there's got to be a way for us to take our investment strategy to anybody who wants to invest. And we did find a regulation. A. Yeah. Yeah. And and listen, there's less than 100 actual.

[00:19:16] Regulation A's out there right now. Less than less than 100 active. Regulation A. And so why? By the way, Sean, I meant there was three thousand. But to your point, not they're not actively live and taking money. Yeah. So that's the point that Sean's trying to make is they're rare to come by. And that's why when I met Bequest, I thought, wow, what a great opportunity for IRA club members. Right. We have 20,000 accounts we've opened and funded.

[00:19:44] There's a good 40 percent of these individuals that are here at the IRA club that are non-accredited. And they've always asked me, hey, you know, I got five thousand sitting around in my retirement account. I got, you know, 15,000 sitting from rental income that's been coming in. What can I do with this money? And although one of the things we can't do here at the IRA club is choose the investment for the investor.

[00:20:04] It was been very challenging and hard to find a reg a I know you guys don't know what that means, but a reg a offering that was live and actively taking funds. So otherwise, what are people doing is they're kind of shifting that money back over in the traditional sense of stocks, ETFs, bonds, mutual funds. And again, this is another way for for you to keep your retirement account or your personal money still diversified. Right.

[00:20:34] Without shifting back over, especially in today's market. Right. You, Sean, I mean, I don't have to tell you markets been like when I say roller coaster, a roller coaster the last couple months. So when you're afraid of, you know, that type of volatility and leaning into something a little bit more secure, this is another avenue for you. The path that we took to get this offer.

[00:21:00] This investment strategy available to anyone actually wasn't designed, wasn't even designed for folks like us. So like, like anything, the reason the reg a was actually designed, it was designed for startup companies to raise capital. Right. And, and there's this, you know, there's a process you go through and, and it's actually like launching a mini company. Yeah. Like a mini public company.

[00:21:29] And so you mentioned like, how hard is it? Well, we actually have to go through a process very similar to what a very large company would go to to launch an IPO. Right. It's not, not as massive, but we have to go through some of those same process. We have to present our business plan to the SEC. We have to show them our financials. We have to get them to approve it.

[00:21:53] Literally, uh, the SEC is combing through everything that we provide them for them. Eventually, almost a year later to say, yes, we approve you to launch this strategy and to begin raising capital. And here's what Sean just said. Over a year and today, it's even longer. Longer. So to get, to get a reggae offering.

[00:22:21] And I hear, by the way, Sean, I hear the complaints all the time from a lot of our partners and sponsors. It's taking forever for the SEC to respond back to anybody. Um, but hear what he said. I want, I want that to drill in everybody's head that's listening to this. They had to go tooth and comb, right. Into their financials, disclose everything that they have, right. Making sure that to protect you, non-accredited investors, there was an audits process. They have to, they have to go through this yearly, right.

[00:22:49] They have to disclose every single dollar that comes in, every single dollar that goes out, how much they're paying their investors. So it's all open public knowledge. All right. So that's the difference in my eyes, right. As I know, I'm giving a little bit of a wink, wink to myself and Sean, because reg D offerings necessarily do not have to do that. Right. They have to do that for reggae. So I know you don't understand the terminology behind that. Maybe something that's another, another show, right. Another podcast.

[00:23:19] We could talk about that, but, um, very hard to find these types of investment opportunities for that reason alone. Yeah. I was just going to add on top of that. Right. Once you go through this process, you are, um, told, uh, certain types of third parties that must be involved in the transaction. Right. Right.

[00:23:42] So they're like, listen, if you want to operate in these rules, you know, number one, once you get approved, you now have to, uh, process everything with two through a transfer agent. You have to, you know, every security sold has to go through a broker dealer, all of these things, um, which is very similar to if you were selling stock. We're selling stock in a publicly traded company, all the same processes we have to go through.

[00:24:10] And I remember, I remember my partners at the time we're going through this, uh, like, why are we doing this again? I'm like, I'm like, well, the, cause this is the right thing to do because it's the right thing to do. Like we, we've run across so many people over the last six years that are like, yeah, no, I mean, I'd love to invest with you, but, but I can't because, you know, I'm not accredited. No, no, no. It's not just that.

[00:24:40] Can I ask you another personal question? Listen, what are your thoughts? Like, why do you think financial advisors or other broker, why, why don't they talk about this or why can't they get their investors to invest in this? Why don't they teach this bottom line? Most people look to the public markets for the answer, right? They're like, ah, forget these private investment alternative strategies. Like it's just too complicated. Like, let me just get you into this mutual fund.

[00:25:09] You'll be fine. You'll be fine. Yes, it correlates highly with the, with the, you know, the S and P 500, but you, you can get into it. You know, there's like, it's just too easy for them to sell you a share of something that's on their platform. That's where the system was built. That's why wall street. You're preaching to the choir, by the way. I, this is all I do is educate people on this strategy.

[00:25:35] And in fact, I had a client not too long ago that wanted to invest in, in, in a real estate transaction, right? Where he went to his financial advisor and his financial advisor. I'm not going to mention any names or the custodian or the broker or any of that. But he said to him, Ooh, Ooh, Ooh, I wouldn't do that. I wouldn't. Too risky, too risky.

[00:25:58] And that's the way they position these conversations because they can't make money off of you because they have to sell, right? A certain product that that broker offers. So otherwise that financial advisor won't get paid. So the answer, and I went back to our client, meaning the IRA club client. And I said, John Doe is fake name. John Doe, if you don't mind me asking, what did he say?

[00:26:25] Did he say, let me, let me show you this REIT, right? Cause you're getting involved in a real estate deal. And sure enough, Sean, that's exactly what he said to him. Yeah. He actually started laughing at me. He goes, because that's the role. That's the job. Yeah. Is keep it in house. The money's always got to stay in house with you and I, it doesn't matter. Yeah. At the moment, the moment that it comes up, that the money might be leaving.

[00:26:52] Oh, it's like under the cloak of, I'm just really trying to protect you. Oh, this is a really, you know, I, I'm trying to protect you from getting into a really bad investment. And, and the reality is, here's the reality. My, my, my CFO, David Friedman. Um, uh, David's been with us now almost, almost a year. Uh, used to manage the portfolio for Fred DeLuca, former founder of Subway.

[00:27:22] Oh, I didn't even know that. Manage his portfolio. I said, like billions, billions of dollars. I'm like, David used to manage his, you were the CIO of his portfolio. Where was the majority of your investments? Like we're talking to billionaire who, who turned it into many, many billions. Where, where was the majority of his money? Majority of his money was in alternatives. It was in alternatives. Why was it in alternatives?

[00:27:48] Because these are opportunities that can both generate good returns for investors and create diversification. So the billionaires are using alternatives in their portfolio. And, and again, we're talking about access. Your financial advisor. It's going to be like, oh, no, no, no, no. You can only, I can only put you in the products that we have.

[00:28:17] And I can guarantee you very few of those are true alternative assets. So if you don't mind me asking, all right, we know that this appeals to the average American, right? If somebody wanted, because we're, we, we focus a lot on retirement dollars here, right? And many of our listeners may have accounts that let's say again, Fidelity, Vanguard and Schwab. The only reason why I was referred to those three is they're the titans of our industry, right?

[00:28:42] They control just under 70% of a 45 trillion, trillion dollars, right? Majority of that's sitting within retirement accounts. So if somebody, let's just say, can't invest, right? Using bequest bonds, right? Your reggae offering for getting technical. And let's say again, example, Fidelity. What would that process look like for that person?

[00:29:07] If they wanted to, let's say, use their Roth IRA dollars to invest in your deal? What would that process look like? And I, and I know that, you know, our process, which is you have to start off by opening up an account at the IRA club, right? Absolutely. Once you do that, because we have to open up a like account to a like account in order to not trigger a penalty, right? Or, or a taxable event, but we're dealing with a Roth. So it wouldn't be taxed.

[00:29:36] We would move that money over to the IRA club. And then you could invest in this bequest reggae bond, right? Correct me if I'm wrong, Sean. Yep. Yep. Absolutely. What is the minimum? Like if anybody just wanted to kind of get involved, dip their toes, boy, what's the minimum to get involved? Yeah, our minimum, our minimum investment in any of our products is 5,000, right?

[00:30:00] So $5,000 gets you in any, any one of the classes that we have available, gets you started. And it's very simple, right? We have a completely digital onboarding process. Obviously, we marry our process with, with the process that, that, that our team isn't working on. So, so we mirror, marry our process with the IRA clubs process.

[00:30:28] Our teams work together, money moves, securities issued, and it's done. We try to make it as simple as possible. It's, it's, it's so easy. Just so you guys know, it takes eight minutes to open up the account, right? If you go to IRAclub.com, you could do one of two things. Schedule a call with, with one of our team members, our onboarding team members. And eight minutes, right? We're just gonna have a simple conversation. What type of retirement account you have, right?

[00:30:58] If you have an old employer 401k, if you have an IRA, HSA, a TSP, those all can be moved over to the IRA club, right? And, and, and Sean just said for as little as $5,000. So if you're non-accredited and you want to get into this space and it's rare to find, right? He said less than a hundred reggae offerings are across the country. Um, and this is one of them. And in my personal opinion, this is again, my opinion, I'm not endorsing. I can't do that.

[00:31:28] That's why we do these podcasts is to educate you on alternative assets. And the reason why I'm a little bit more passionate about this one, again, because it appeals to both sides, accredited, non-accredited. And you could move $5,000 over from Fidelity, Vanguard, and Schwab over to the IRA club and invest in this specific type of deal. Sean, is there a dividend or what's the terms? How long, you know, can you get a little bit into the nitty gritty of the actual terms?

[00:31:58] Yeah, absolutely. We have three classes available right now. We actually have some more that we're waiting for the SEC to approve it. And that's another thing. Like anytime we come out with something new, it has to go through an approval process, sign off by the SEC. I get it, Sean. You're holding out on us. I get it. I get it. But, but no, that, that process is real. I wish it was faster. I know. That process is real. But we got three classes today.

[00:32:24] You know, if you want a 7% return on your investment, again, it's, it's kind of like a debt offering is what we have today. You're lending money into the fund. They're paying you a 7% dividend off of that investment. We're going to buy mortgages with it, holding those mortgages to maturity, using the interest payments to pay out those distributions. And so we have a 7, that's one year commitment. We have a 6% that we pay out.

[00:32:53] And if you're looking for to only keep your money there for a six months, and then we have a 5% that we'll pay if you want instant access to your capital at any moment. We do have an 8 or a 9 that is coming out soon. But we're still waiting for approval on that. So that is not available for sale. In this particular case, I just kind of want people to think about that in the aspect of

[00:33:22] from the beginning of the year until, you know, today, right? Markets have been unbelievably up and down. And there's a lot of uncertainty, right? We have no idea what Trump's going to say. We have no idea what anyone's going to say, where it will cause this type of, you know, movement in the markets. And if you want a little bit more security, right? And he just mentioned it, even if you wanted to hold it at liquid and making 5%, right?

[00:33:49] And I know a lot of people that I've already spoken to, they have current 401k plans that are actually down or just about even, right? Why not consider it? Now, keep in mind, if you do have a current 401k plan, unfortunately, you could not roll that over. That's the name of the game, right? You are tied into that broke. I'm sorry, you're tied into that employer's plan until you leave your employee. But the point of this is also educate you that there are other options out there once you leave your employer.

[00:34:17] So this is just so happens to be another one. But I think it's really fair, Sean, that, you know, five, five, five points, right? Six point, seven points. So very easy to follow along, you know, half a year, six, 6%. It's almost like a glorified CD on steroids, right? If you think about it. So where do you think BeQuest is heading in the next five years, if you don't mind me asking?

[00:34:46] Yeah, very, very interesting question. I mean, we are on a mission to create access for alternative investments to everyday hardworking Americans. That's the mission. In fact, we went through an exercise just recently with an outside firm that to help us make sure that mission is right. We're big on education, just like you are at the RA Club.

[00:35:12] We're big on education and really we're big on, on access. Like that's number two. We really want to take all different types of investment strategies and make sure that nobody's left behind. Everybody has access. Everybody has access. And, and, you know, I, my, my father just recently passed away. I'm sorry, Sean. I don't know that. No worries.

[00:35:39] But one of the greatest challenges that I had is he wasn't accredited. We didn't actually didn't come from much. But one of his dying wish was to invest some capital with BeQuest. And before he died, he was able to do that. And I felt like, like we had finally accomplished something that many firms had, had just dismissed as just too hard.

[00:36:05] And so for us, this is a true mission and it doesn't matter who you talk to here at BeQuest. We are on this mission. And, and I hope, you know, over the next few years, you hear more and more and more about us and what we've been able to do to disrupt the market and provide access to these non-traditional investment strategies that have been very difficult to find. Well, speaking of the mission, right? I would love for those that possibly are listening that are military folk, right?

[00:36:35] We always respect, you know, for what, what it is that you do and your service. And we always thank you for that. By the way, we are actually going in this coming fall, October. Um, it's called REICON, where we are going to teach military folk, right? If you're in the army, Navy, it doesn't matter what sector you're in, um, how to potentially use your TSP funds and diversify right into these types of alternative assets.

[00:37:03] And BeQuest is going to be there. So I'm super stoked about that. And thank you again for the mission, because that's been solely my mission. You know that at the IRA club, we have a team of eight that travel all over the country. Um, and you know, if somebody just wanted to learn more about you, BeQuest, where can they find you? Yeah. Um, our website, bqfunds.com. That's kind of the best place to go. Um, but we're all over investor row.

[00:37:31] You can, you can go to investor row, find us there. Our opportunities are there. And, uh, you know, we're probably, um, uh, you know, just, just Google BeQuest. Yep. You will, you will find us not many companies name that, but, uh, our websites there. We'd love to, an opportunity just to meet with you. We build relationships before we, we pitch. That's kind of a big strategy here at BeQuest.

[00:37:57] And so we want to know who you are, what your, you know, what your challenges are, what you're trying to accomplish before, you know, we want you to invest with us. That all that's really important to us. Well, one of the things that I do love about you is you won't push anybody that doesn't, if it's not a fit, it's not a fit, right? Even though it is a fit for everybody, but you don't push. One of the things that you always preach about is networking, talking to each other. That's the sole focus of why we do podcasts just like this is just for you guys to communicate.

[00:38:26] And yes, for you IRA club members that are currently listening to this, Sean BeQuest has been on investors row for quite some time now. Um, in particular, because again, it is a reg a offering. I know we don't want to get into the terms of that, but Sean, you know, I always give final, you know, thoughts to, to my co-host and I want to thank you for jumping on and I look forward to our upcoming event. So any final, any final thoughts, right? I know you mentioned a little bit about the mission.

[00:38:53] Yeah, no, I, I just really, you know, thank you for the opportunity. This platform is, uh, you know, amazing to get in front of people and kind of preach our mission and our vision and, and where we're headed. And Ramaz, I really appreciate the opportunity for having BeQuest on here. And, uh, you know, the more people we get the message to, uh, the more we will all benefit. And so I just greatly appreciate this. 100% agree with you. It's always about legacy, right?

[00:39:22] That's why we're always here is to, you know, better ourselves and better our families in the future. And just, again, said it, getting the word out. This is a strategy, right? Self-directing is a strategy. And if you want to learn more, right. Or check out the next episode. If you visit, uh, IRA club forward slash podcast, feel free to jump on and check out some of the other previous episodes. Not to mention, I always forget to do this.

[00:39:47] Um, check out Dennis's latest book, money, making ideas with your IRA and 401k. So again, if you go to IRA club forward slash podcast, um, jump in, get the book. There's a lot of great education in here. It helps you learn more about how to number one, reduce risk. Cause that's always a challenge is being able to reduce risk, save on taxes and finding different types of strategies, investment opportunities within your retirement account. Sean, a pleasure. Thank you again.

[00:40:16] We're jumping on. I can't wait to see you guys, um, this coming fall. And I'm sure I'm going to see you before that. Again, we run around the same circles until next time, guys. Thank you for joining us.