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Bitcoin Magazine
2018-08-17 19:30:03

[promoted] Equity Trust Forges a New Path for Crypto-Based IRA Investments

Asset diversification has long been touted as acritical strategy for wealth building. This method of portfolio management,which traditionally involves a mix of stocks, fixed assets and commoditiesallows for maximum return at the least amount of risk — an important elementfor retirement savings.One company with a strong foothold in thisinvestment space is EquityTrust, a financial services company that allowsindividual investors to diversify their retirement investment portfoliosthrough asset class options like private equity, precious metals, tax liens andreal estate among others. With over $25 billion in assets under custody andadministration as of the end of 2017, Equity Trust’s self-directed retirementaccounts have become a viable option for entrepreneurial investors seekingcontrol over their wealth building activities.Merging the Worlds of IRAs and CryptoEquity Trust recently launched a new digitalasset platform that allows individual retirementaccounts (IRAs) to invest in cryptocurrencies. It can be simple to open an accountonline through myEQUITY (its online account system), or investors can call andopen an account through a senior account executive.   The minimum investment required is $10,000 inaddition to a $500 nonrefundable fee for use of the digital asset platform.Through this platform, investors can purchase andsell bitcoin, bitcoin cash, ether, ethereum classic, litecoin and XRP using atrad...