Preview Mode Links will not work in preview mode

Financially Simple Bizcast


The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

Jun 7, 2021

In episode 362 of Financially Simple, Justin gets digital giving an overview of Crypto Currencies.

In recent years we have seen the rise of digital currencies like BitCoin, but amidst all the noise as people have rushed to embrace this new technology, few have stopped to understand it and ask whether or not crypto currencies are a legitimate investment opportunity. In this episode, Justin explains what crypto currencies are, how they work, and provides some guidance on whether or not these digital coins are a good investment.

Don’t forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!

_________________

 

TIME INDEX:

00:52 - Should Business Owners Go “All In” On Crypto Currency

02:50 - The Block-Chain

07:53 - Crypto Currency

11:35 - What’s the Fuss All About?

13:23 - Are Crypto Currencies a Good Investment?

16:02 - If Not Now, When?

18:07 - Have An Investment Philosophy

22:45 - Diversification

24:45 - The 7 Basic Asset Classes

28:31 - So, Should You Invest?

29:24 - Summary

 

USEFUL LINKS:

Work with Our Team

Subscribe to the Financially Simple Newsletter

 

Financially Simple's The Ultimate Sale - Selling your Business for Maximum Profit

_________________

 

BIO:

Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.