Business
It’s Sunday, which means...It’s recap time! The theme for this week was explaining Non-Fungible Tokens, or NFTs. Here’s what we covered in each episode this week: What are NFTs? I talk about fungible vs. non-fungible and what makes NFTs so unique and literally, one of a kind. Then we looked at NFTs compared to their close cousin, physical art and collectibles Once we laid the foundation for better understanding NFTs and why some have sold for millions of dollars, we switched to talking about NFTs as it more closely relates to this podcast - which is the opportunity or lack thereof of NFTs as an investment vehicle. Even though I think NFTs are a terrible investment by almost any measure, I think they’re worth exploring and better understanding, since they are most likely here to stay and the application of NFTs will probably adapt and grow and will likely continue to morph over time as people find new ways to monetize the uniqueness of NFTs. Hopefully after listening to the One Minute Retirement Tip this week, you better understand this new adaptation of cryptocurrencies, and are better able to assess an investment when you remove the newness, excitement, and novelty from the NFT. Tomorrow we’re starting a brand new theme: how to get the most benefit from your 401k plan. I’ll talk about several 401k plan features that are common, but underutilized. If you have a 401k plan at work, be sure to come one back tomorrow when I dive into important plan provisions and features that will help you maximize this important retirement benefit. And if you haven’t checked out my YouTube channel - True North Retirement - head over to YouTube and subscribe. I post a new video on Sundays, and each video is aimed at helping you live a fulfilled and financially secure retirement. I just hit 500 subscribers, which is still teeny tiny, but very exciting...so if you’re enjoying the podcast, I know you’ll love the YouTube videos as well. Thank you so much for listening this week! My name is Ashley Micciche and I hope you have a blessed Sunday. ---------- >>> Subscribe on iTunes: https://apple.co/2DI2LSP >>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs >>> Check out our blog: https://truenorthretirementadvisors.com/blog/ ---------- Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance