BCB152: MORGEN ROCHARD — Planning For Generational Wealth

21 snips

Apr 12, 2024

Financial planning expert Morgen Rochard discusses long-term strategies for Bitcoin investments, emphasizing diversification, tax loss harvesting, and risk tolerance. Avoid influencer advice, focus on personal reflection, and understand impacts of ETFs in the market.

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Introduction

00:00 • 2min

Balancing Professionalism, Humor, and Financial Planning in Bitcoin Investments

02:14 • 12min

Financial Planning for Generational Wealth

14:00 • 7min

Navigating Financial Planning and Tax Strategies with Bitcoin Investments

21:09 • 12min

Bitcoin Events, Ticket Discount, and Bitcoin Selling Accounting Methods Discussion

33:37 • 3min

Managing Bitcoin Transactions for Tax Purposes

36:50 • 22min

Evolving Market Dynamics

58:47 • 7min

Bitcoin Personal Finance, Podcast, Consulting, and Financial Planning Practices Discussion

01:06:17 • 3min

This conversation with Morgen Rochard delves into financial planning for Bitcoin investors, emphasizing long-term strategies over short-term trading to match Bitcoin investments with long-term liabilities. It covers diverse aspects like windfall management, diversification, and risk tolerance, stressing the importance of using tools such as tax loss harvesting to optimize tax implications. Additionally, Morgen and Josh highlight the need for personal reflection and informed decision-making, cautioning against the influence of financial influencers and underscoring the role of thorough understanding in managing investments and potential impacts like those from ETFs on the market.

WE COVER:

Time Horizon is critical in financial planning
Diversification Ideas
Allowing Uncle Sam ONLY the tip
Paying off a Mortgage–Good Idea?
Don’t blindly follow influencer advice
This Bull Run is DIFFERENT

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Watch video of this chat on YouTube here

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ITEMS MENTIONED

Shelling Out- By Nick Szabo
Origin Wealth Advisers
Bitcoin For Advisers Podcast
Bitcoin Personal Finance Book (coming soon)

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