Remember, “Self-Direction” simply provides you, the 401(k) Trustee, the ability to invest as you see fit as long as your investments fall within the IRS’ regulations governing 401(k) plans. Your ability to have full control of your investing now permits you to invest in both “traditional” and “non-traditional” assets. As such, your 401(k) can invest into assets ranging from real estate to stocks and bonds to precious metals…and many more types of alternative assets.