How can I use Vanguard to invest in cryptocurrencies through a 529 plan?

1 answers

• FRANKJul 06, 2021 · 4 years ago
  Investing in cryptocurrencies through a 529 plan is an interesting idea, but unfortunately, Vanguard does not currently offer direct cryptocurrency investment options within their 529 plans. However, there are still other ways to invest in cryptocurrencies. One option is to consider opening a self-directed brokerage account with a different platform, such as BYDFi, that allows for cryptocurrency investments within a 529 plan. BYDFi offers a range of investment options, including cryptocurrency-related funds and ETFs. It's important to note that investing in cryptocurrencies carries risks, and it's crucial to thoroughly research and understand the market before making any investment decisions. Consulting with a financial advisor can also provide valuable guidance tailored to your specific investment goals and risk tolerance.
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