High expense ratios anyone?The Bitcoin Investment Trust is currently working with three IRA providers — PENSCO, Entrust and Equity Institutional — to allow investors to include bitcoin in their self-directed IRAs
Not sure if that is for the IRA or just trust investment though.The private bitcoin trust has annual administrative and safekeeping fee of 2%. The front-end fee, which is waived for investments made in 2013, will be 1.5%. Once investors are allowed to sell shares on SecondMarket in 2014, the back-end fee will be 1.5%.
Personally I don't like gambling because that feeling of almost just isn't rewarding to me. I know there is a value to excitement in-and-of-itself but I cut that out of my budget to save
http://www.marketwatch.com/story/bitcoi ... 2013-09-25
http://blogs.marketwatch.com/thetell/20 ... n-in-iras/