Does anyone else notice their IRA cash sitting at zero yield while the deal flow actually moves
I parked 112k into a self-directed Roth about eight months ago, Fidelity rollover from a job I left in 2021. First note I tried to fund was a 65k second lien on a single-family in Albuquerque, borrower needed close in 12 days. Custodian took 19 days just to get the direction letter processed. Lost the note, borrower found a fund, done. Second attempt was a 47k first on a duplex in Tucson, better borrower, slower deal, I got it funded in 22 days and it's paying fine. But that gap between those two deals was six months of cash sitting at something like 4.1 percent in a money market, which I know is fine on paper, but the deal I lost would have been 11 percent annualized on a six-month term. That's a real number I left behind because of processing friction, not because I made a bad decision about the asset. Curious whether people allocating retirement capital into notes or private lending are just accepting that lag as the cost, or whether there's a structural change they made that actually shortened the clock without blowing the compliance side open.
