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Chris Kline

๐Ÿ‘ค Speaker
1132 total appearances

Appearances Over Time

Podcast Appearances

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

We're creating workers, not entrepreneurs, not thinkers, not creators.

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

But now we're in an economy where

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

So many people are creating, they're creating content, they're creating ideas, they're changing new things.

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

And then they have success and they get stuck with the W2 mentality.

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

And so they're like, oh my God, I want to pay out 40.

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

If you're in California, 52.

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

Now in New York, you guys, I don't even know what's going to happen to you guys.

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

50, 60% of my money is going out in income taxes to the IRS.

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

And they love that because if you don't question the system, then they get more income.

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

And it's not really, this is not tax fraud avoidance.

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

There's nothing illegal about this.

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

These are the tools that are out there, but they just don't teach anybody how to do them.

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

So taking even a little bit of time, watching a show like this, go in, ask Chad GBT, go to Claude, go to AI, say, does a solo K or a SEP IRA work for me?

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

And 90% of the time, they'll find a way if you have non-W2 income to really put something together that can save you over years, thousands of dollars today, but maybe millions tomorrow if you invest in the right tools.

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

Yeah, so if you, I had these two guys, Steve and John, I did this Puerto Rico conference back in 2016.

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

That's the real names?

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

Yeah, no, I just made them up.

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

And Steve went and grabbed $7,500 and just bought Bitcoin on Coinbase.

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

and john grabbed a roth ira put 7 500 in there and i gave them ultra hindsight so they bought the lows from 2013 through at the time was 2016. if i took it all the way to now the levels today it would probably be like a 50 to 75 million dollar mistake because what happens is they buy low and i gave them ultra hindsight so buy low sell high buy back in at the dip

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

You know, what everybody tries to do, we all think, oh, man, I wish I could do that.