2-3-2022: NFT Traders Should Get Ready for A Potential Tax Bill Shock
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 4 February 2022
⏱️ 47 minutes
🧾️ Download transcript
Summary
Regulators have signaled they are preparing to act aggressively to ensure those who purchased NFTs are taxed appropriately.
Today's Stocks & Topics: BGFV - Big 5 Sporting Goods Corp., AMD - Advanced Micro Devices Inc., Real Estate Investing, 1031 Exchange, Why Not Robinhood, MTZ - MasTec Inc., Schedule 13G, WM - Waste Management Inc., ACB - Aurora Cannabis Inc., TALK - Talkspace Inc. Cl A, Amazon Earnings.
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Transcript
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| 0:00.0 | Now, I'm this and Vest Talk podcast. Justin Klein listens to your questions. |
| 0:08.0 | Hey, love the show. I've learned a lot. This is Don from Durham, North Carolina. |
| 0:12.0 | I've got a question about B, G, F, D, Big Five sporting goods. |
| 0:18.0 | I had it in August and then sold it in November. It's a really good profit and then it plummeted. |
| 0:24.0 | And provides unbiased answers. |
| 0:26.0 | The chart has come back down into this high teen range and it's been there for about two months now. |
| 0:32.0 | And it's just bearish consolidation. There's no other way to characterize this. |
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| 1:03.0 | Independent Thinking, Shared Success, and out today's podcast. |
| 1:11.0 | Good afternoon fellow investors and welcome back to Vest Talk. This is our Thursday, February 3rd, 2022 edition of Vest Talk. |
| 1:21.0 | I am Justin Klein and I'm excited to be here today to answer your finance and investment questions. |
| 1:27.0 | And on this radio show and podcast, as always, I'm going to help you navigate these volatile and unpredictable times. |
| 1:36.0 | We've been witnessing large cap stocks trading like small cap stocks. |
| 1:42.0 | And there's an indication to that. There's a story in those movements. |
| 1:49.0 | And we're going to discuss that on today's show and just the crazy market that we're in, |
| 1:56.0 | where the opportunities are, where the risks are, and I'm going to help you act. |
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| 2:12.0 | So, of course, you can reach out to me during our live stream program four to five specific time and ask your question at eight and eight and chart. |
| 2:22.0 | And when you call, I'm going to give you the unbiased answer, the most unbiased answer that I can't, because I'm going to operate with my mission statement, |
| 2:32.0 | which is always independent thinking and shared success. No matter what I'm talking about, I'm here to give you the facts as I see them in front of me, |
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