[promoted] Equity Trust Builds New Frontier of Crypto-Based Retirement Accounts

[promoted] Equity Trust Builds New Frontier of Crypto-Based Retirement Accounts
Index funds have more than proven their worth asa preferred option for those with an eye on retirement. But now there isconversation about the value of adding bitcoin and other cryptocurrencies tothis investment mix.Given crypto’s volatile nature to date, risktolerance is obviously a factor to consider for any financial portfolio.Juxtapose that with those investors who are in position to risk a potentialloss, and Bitcoin’s value proposition as a key of any retirement portfolio looksa more bit promising.Much of this talk comes as individual retirementaccounts (IRAs), which allow participants to tuck away funds for retirement ina tax-advantage vehicle, are garnering increased attention. With increasing numbers of sophisticated IRAinvestors seeking to diversify their retirement account holdings intonontraditional assets, it should be no surprise that cryptocurrencies are nowpart of the conversation. With an eye on these emerging trends, theWestlake, Ohio-based Equity Trust Company, a financial servicesfirm with $25 billion in assets under its custody (as of December 2017),recently launched a digital asset platform which allows the firm’s retail andinstitutional clients to invest in cryptocurrencies. Chartingthe AdvantagesEquityTrust clients have shown a long commitment to retirement portfoliodiversification through the use of alternative assets, including real estate,tax liens, private equity and precious ... For Further Information Click on Below Button
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