Home › Forums › Bulletin Board › Silicon Prairie Online announces ability to invest with SD-IRA
- This topic has 0 replies, 1 voice, and was last updated 4 years, 3 months ago by
Sam Romain.
-
AuthorPosts
-
November 29, 2018 at 3:20 pm #4621
Sam Romain
Member* * * F O R I M M E D I A T E R E L E A S E * * *
For more information about Silicon Prairie Online, contact David V Duccini at 651-645-7550 or
david.duccini@sppx.ioFor more information about AltoIRA, contact Eric Satz at (877) 673-1557 or
ericsatz@altoira.comNovember 28, 2018, Saint Paul, MN – Silicon Prairie Online (https://sppx.io) the first investment
crowdfunding portal company to link blockchain based distributed ledgers under an Initial
Crowd Offering model is pleased to announce the ability to invest with a Self-Directed
Individual Retirement Account (SD-IRA) through an integration with AltoIRA (altoira.com), the
premier alternative asset IRA solution for investors. This partnership brings the first ever taxadvantaged
investment opportunities to both accredited and non-accredited investors of
Silicon Prairie offerings.“Now everyone can tap into their traditional or Roth IRA or 401K funds and make self-directed
investments in private companies,” said Silicon Prairie’s Founder and CEO David Duccini. “This
is a game changer for investment crowdfunding” he enthused, “Why bother chasing venture
capitalists and angel investors when people you know could invest in your big idea. Also, being
able to take a part of my retirement funds and invest in local breweries and real estate is a
boon to my diversification out of the stock market,” he said. Duccini was the first person to use
the integrated system, to invest in Minnesota based Foremost Brewing Cooperative.“Linking AltoIRA’s solution to our portal is a dream finally realized”, Duccini said, stating that
“Investment crowdfunding represents a true democratization of capital!” Entrepreneurs and
small business owners have unprecedented access to public capital. With the 2012 passage of
the JOBS Act and the subsequent +38 states that have approved versions of intra-state
investment crowdfunding, over $40BN has been raised to date with a projected total market
opportunity of over $1.2 trillion according to Goldman Sachs.“We created Alto with a simple goal: to build a platform that allows people to invest their
retirement savings in the opportunities that make sense to them and build a portfolio of
alternative assets that includes current income opportunities like real estate and stakes in
private companies. AltoIRA is excited to be at the forefront of these changes in investment
strategy and practice – important for everyone planning for retirement, no matter their age or
stage.,” said AltoIRA founder and CEO, Eric Satz.Silicon Prairie Online operates in MN, IA, WI, MI and nationally under Regulation Crowdfunding
(REG-CF).The AltoIRA funding option is immediately available on all Silicon Prairie Portals and on Partner
Portals in Minnesota and Colorado.AltoIRA, based in Nashville, TN, operates The Alternative IRA, an easy-to-use, automated
platform for investing in alternative assets with retirement savings. AltoIRA empowers all
investors to diversify their retirement portfolios in line with industry best practices – better
positioning themselves to generate higher returns for their future retirement.For more information about Silicon Prairie Online, contact David V Duccini at 651-645-7550 or
david.duccini@sppx.ioFor more information about AltoIRA, contact Eric Satz at (877) 673-1557 or
ericsatz@altoira.com -
AuthorPosts
- You must be logged in to reply to this topic.