Financial Advisors React to Terrible Crypto Advice

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.7 • 3.1K Ratings

🗓️ 18 March 2022

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The rise of crypto has created a unique opportunity for financial charlatans to prey on those looking for a quick way to build wealth. We've heard some bad crypto advice, and in this episode we'll react to some of the WORST advice we've ever heard - and tell you how to do crypto the right way. Subscribe on YouTube! Download FREE Financial Resources from the show Get our Net Worth Tool Now! Sign up for our Financial Order of Operations course Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! Visit our site for more info. Instagram Twitter Facebook TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	So let's say what it might look like if everyone,
0:02.5	every portfolio had some crypto in it.
0:04.6	The market gap is 2.168 trillion dollars.
0:12.2	And now the market, oh!
0:14.1	Oh, we went to zero!
0:16.6	Yo!
0:19.8	It's Brian Preston, the money guy,
0:22.7	restoring order to your financial chaos,
0:25.7	retirement, investing, taxes.
0:28.5	You've got financial questions,
0:30.1	he's got financial answers.
0:32.1	It's Brian Preston, the money guy.
0:36.2	Welcome to the money guy show.
0:37.7	Today we're gonna be covering some terrible crypto advice.
0:41.3	Yeah, Brian, I'm super excited about this
0:43.0	because it seems like for the last,
0:44.5	I don't know, a couple of years now,
0:46.4	crypto has been all the rage.
0:48.4	And there is no shortage of advice out there
0:52.0	on the internet of people telling you what you should do
0:55.0	and how you should do it
0:56.0	and how you should think about this asset class,
	...

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