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Anthony Pompliano

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
5025 total appearances

Appearances Over Time

Podcast Appearances

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

And really the difference is like this is going to be in there for a long time, right?

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

This is much more long term oriented than

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

What about if somebody changes their mind?

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

Like, this is one of the questions I always hear when people start talking about trust, or they start talking about retirement accounts, et cetera.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

They say, all right, well, right now, you know, maybe I'm a high earner, or maybe I've got some investment that did really well.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

I'm thinking about putting it in there, but I'm really nervous because I don't know what the future holds.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

And maybe I'm 30 or 35 years old.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

So 58, 62, 70, those are, you know, pretty far away.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

Yeah.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

what happens if I want to change my mind later and get these assets out?

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

Can I get it out?

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

What's the penalties?

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

How does that work?

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

Now, inside of these, I see people who sometimes put different assets in that they want to trade a lot because there's obviously not the tax ramifications.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

I also see people, you mentioned kind of risk, but risk equals volatility in many people's minds.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

So they put like highly volatile assets in there as well.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

Talk about that.

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

Who's putting the 85th coin in their retirement account?

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

And what is the penalty for the conversion?

The Pomp Podcast
How Smart Investors Turn Bitcoin Drawdowns Into Tax Wins | Chris Kline

I don't know what that is.