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
4.7 • 585 Ratings
🗓️ 20 September 2021
⏱️ 12 minutes
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Summary
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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