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Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

NFTs (Non-Fungible Tokens): How They Work & Should You Buy One?

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

Ari Taublieb, CFP®, MBA

Retirement Planning, Save On Taxes, Careers, Personal Finance, Retirement, How To Retire, Business, Real Estate Investing, Investing, Stock Investing, Early Retirement, Entrepreneurship

4.7585 Ratings

🗓️ 20 September 2021

⏱️ 12 minutes

🧾️ Download transcript

Summary

Our topic on this episode of the Personal Finance Redefined podcast is about NFTs (non-fungible tokens). Planning Points Discussed Retirement PlanningCapital AppreciationPurchasing PowerOther issues (Roth IRAs, Inflation, Financial Goals, etc.) Interested In Working With Ari? Schedule Your Free Consultation Call Here Let's Connect! WebsiteLinkedInInstagramENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want answered ...

Transcript

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0:00.0

Finances can be complicated, but they don't have to be.

0:08.0

I break down financial topics that may seem complex and overwhelming, so you can start taking action on your financial goals.

0:16.0

I'm Ari Talbid, and it all starts here on Personal Finance Redefined. Welcome back to another episode of the

0:22.9

Personal Finance Redefined podcast. Please keep sharing that with your friends, asking questions.

0:28.6

That's the best way that I can give you all the best information. So I appreciate the support.

0:34.3

And let's get into today's topic. So last episode was about $100,000 what should I do if I've got

0:41.6

that amount of money it's come in what are my different goals and that was a great question and

0:46.1

something that I don't think that I would have come up with as a question just because it's

0:51.2

one according to that person's situation and and two, something that I just wasn't

0:56.5

aware was something that you all were looking for. So that's great feedback. Thank you for submitting that

1:01.1

question. Today was another question that I was not expecting, but also fun to see, which is what are

1:07.6

NFTs? So if you're on Instagram and you're seeing non-fungible token memes,

1:13.1

you might know exactly what I'm talking about, or you might have just read that in a recent Forbes article.

1:19.7

NFTs are an interesting subject, and so a lot of today's episode is inspired by one of my favorite blogs

1:26.0

that if you're a longtime-time listener of this show,

1:28.5

you might know it's a wealth of common sense by Ben Carlson, who's a great financial planner

1:33.7

and another person I look up to. And a lot of the things that he talks about are what I resonate

1:39.2

with when it comes to personal finance, retirement planning, investments, taxes, everything like that. So

1:45.5

today's episode is about NFTs. And the reason that I chose to talk about NFTs is because this listener

1:53.7

asked specifically, what are NFTs and do I need them? So the first thing when people people ask, do I need them, is always the answer

2:02.6

that no one likes, which is it depends. So do you need them? Well, it depends on a few things.

2:08.9

What are you trying to accomplish? Are you hoping to become a millionaire overnight?

...

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