REI Wealth Monthly Issue 13 | Page 24

INTERVIEW WITH DMITRIY FOMICHENKO LINDA PLIAGAS What are the biggest misconceptions about IRAs? Many people been conditioned by major financial institutions to believe that traditional investments (stocks and mutual funds) are the only investment choice in the retirement account. But the fact is, this is the limitation put in place by financial institutions and they dictate to you these investment options. The IRS allows a whole spectrum of investments, including real estate, precious metals, trust deeds, private lending and many more! What is the best and worst part of running Sense Financial? I love helping people! It fills me with joy when my clients are satisfied. I would say that this is probably the best part. When my clients call or email me to express their gratitude and satisfaction - I feel fulfilled. I am an engineer by education and I like creating systems. I have several ideas for improving things, expanding in other markets, etc. However, I can't do it all myself and have to delegate things. Finding the right team members can be challenging. I select people very carefully. I have also experienced companies that grow too rapidly, which was detrimental. That is one of the reasons why I want to have controlled growth. So the worst part of running Sense Financial is probably the fact that I can't implement all my ideas immediately. Where do you see Sense Financial in five years? That my company has achieved controlled growth and that the people added to my team have been carefully selected and share the same values of integrity and customer service that I have. Is there anything you would like to add? We understand that many people are concerned about retirement. And we know that the self- directed retirement accounts we offer, such as the Solo 401k, enable our clients to take control over their future. Our goal is to provide our clients with IRS-compliant retirement accounts and to ensure 100% satisfaction. I am happy to report that we are able to achieve this!