Blockchain and Cryptocurrency, Investing

The Potential Tax Bomb For Crypto And Digital Asset Investors

I consider it my responsibility to bring potential financial bombs to your attention… As the NFT market continues to excite investors, NBA Top Shots show no sign of slowing down, I can only expect that investors who have seen huge gains in their cryptocurrency positions will continue to bid up the digital asset market. In doing so, I’m concerned many…

Continue Reading

Investing

NFT’s On Saturday Night Live

I don’t know if this is the top for NFT’s or the beginning of the general public learning about the latest investment phenomenon–if I had to pick, I think it’s the latter. I’m on the record saying that I believe NFT’s are here for the long run, will make an impact in the music industry and with artists, NBA TopShots…

Continue Reading

Investing

Be Wary Of Quick Dismissals

If you haven’t heard about NFTs (non-fungible tokens) yet, you certainly will soon. There’s a chance you’ve heard of them and just don’t know it yet–if you have sports fans in your family, maybe you’ve heard of NBA Top Shots. These collectibles are the modern-day/future version of sporting cards; if you haven’t seen what’s going on with sporting cards over…

Continue Reading

Financial Planning, Investing

Harvesting Gains

It’s year-end tax planning time… I’m sure you’ve heard of tax-loss harvesting—the process of selling investments in a taxable investment account at a loss to realize the loss and be able to offset future capital gains. Financial advisors and CPAs often recommend this strategy and robo-advisors will even take care of it for you. It’s a strategy worth exploring and…

Continue Reading

Investing

The Psychology Of Money By Morgan Housel

I’m calling in a favor… My friend, Morgan Housel, has a book coming out in a few weeks and while he won’t publicly say it, it would be an amazing (and deserved) accomplishment for him to make the New York Times Bestseller list.  I did not know this, but apparently, first week sales are make-or-break to top the list and…

Continue Reading

Investing

Berkshire’s Annual Letter: A Lesson In Setting Expectations

I’d be lying if I said I’ve grown up in the profession dissecting Warren Buffett’s annual letters to Berkshire shareholders. It wasn’t until I started writing this blog that I began reading his letters; I didn’t read to find investment tips. Instead, I began to read his letters to learn how to become a better communicator. Not only is Warren…

Continue Reading

Investing

Bloomberg’s ETF IQ

I had the fortune of joining Eric Balchunas, Scarlet Fu, and Carolina Wilson on the set of Bloomberg’s ETF IQ. What an experience! It was a blast and hope this is the beginning of opportunities to hop in front of a real camera instead of my little old Canon. Thank you to Eric, Scarlet, and Carolina for being so welcoming…

Continue Reading

Investing

Don’t Go Chasing Waterfalls

  The Dow just broke through 28,000 (for now). The U.S. markets measured by large, mid, and small-cap stocks are all up over 20% in total return heading into the final few weeks of the year. Apparently, there are some “positive” conversations going on between the U.S. and China–at least that’s where we are in the cycle of good talks-bad…

Continue Reading