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Bitcoin, gold and silver could shine as President Donald Trump look to open 401 (k) to alternative assets
A new $9 trillion investment channel could soon open up for assets like Bitcoin, gold, silver, and private equity. According to a Financial Times article citing three sources, President Donald Trump is preparing to sign an executive order that would allow 401(k) funds to invest in alternative assets such as cryptocurrencies and precious metals. The article reports that the executive order would instruct government regulatory agencies to review and address remaining hurdles to allow such alternative investments in professionally managed 401(k) plans. “President Trump is committed to restoring prosperity for everyday ... (full story)
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