Financial Planning, Investing

Not Investment Advice

This morning I emailed a client’s grandsons with a few recommendations for blogs and podcasts to help them continue their interest and education in personal finance and investing; I sent them home the other day with a copy of The Almanack of Naval Ravikant, The Psychology of Money, and How I Invest My Money but wanted to make sure they…

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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…

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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…

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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…

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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…

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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…

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