Tax-Loss Harvesting: How to Implement & Benefit from this Strategy

How to Save and Plan for Future Education Costs

Education costs have increased at an exponential rate, creating a significant amount of opportunity for well-thought-out financial planning. In this episode, we discuss the causes for the increased costs and provide information on 529 plans as a solution for self-funding these costs, outside of student loans, in a tax-efficient way. 1:12 - Why tuition costs are increasing exponentially 4:35 - What you can do to plan around education expenses 9:02 - What expenses does a 529 cover, and not cover 10:14 - Alternative methods of funding education expenses 12:37 - FAQ 15:09 - Superfunding a 529 [Planning Strategy] Schedule your free 30-minute consultation at OneDayAdvice.com [http://onedayadvice.com/] and mention the podcast. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit onedayadvice.substack.com [https://onedayadvice.substack.com?utm_medium=podcast&utm_campaign=CTA_1]

What does it mean to be INDEPENDENT within financial services?

You already know the story of independence and the 4th of July. What you may not know is what independence means within the financial services industry, why it’s important, and how it likely impacts you. In this episode, we cover why the quality of financial advice ranges significantly and what you can do to increase the likelihood that you receive great value. Two big factors contributing to this range in quality comes from WHO the advisor works for and HOW they are compensated. Do you know if your advisor is a fiduciary who is providing advice that's in your best interest? If you're unsure, give this episode a listen today. Being independent means you have cut associations and dependency from a larger institution freeing you to provide advice that is in the client's best interest.  Schedule your free 30-minute consultation at OneDayAdvice.com [http://onedayadvice.com/] and mention the podcast. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit onedayadvice.substack.com [https://onedayadvice.substack.com?utm_medium=podcast&utm_campaign=CTA_1]

Tax-Loss Harvesting: How to Implement & Benefit from this Strategy

With the stock market recently entering a bear market, this is a great time to be considering harvesting any losses that you have to help offset capital gains. In this episode, we provide: 1. An overview of capital gains and tax-loss harvesting 2. Tips & tricks to implement this strategy on your own 3. How to avoid costly mistakes 4. The value that tax-loss harvesting can provide Schedule your free 30-minute consultation at OneDayAdvice.com [http://onedayadvice.com/] and mention the podcast. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit onedayadvice.substack.com [https://onedayadvice.substack.com?utm_medium=podcast&utm_campaign=CTA_1]

[Crypto Series] Risks Associated with Crypto and How to Protect Yourself

Given the recent Terra collapse and the domino effect that it had on the rest of crypto, this is a timely episode that addresses the associated risks with investing in the asset class. Nick provides an overview of the general risks that are unique to crypto, highlights three important historical events that you can learn from, and then describes how you can protect yourself as an investor in this asset class. Nick finishes the episode with his own outlook on digital assets. Here are the timestamps if you’d like to skip ahead: 2:08 - General Risks Associated with Crypto 11:53 - Important Historical Crypto Events to Learn From 21:58 - How you can protect yourself? 25:42 - Our Outlook on Digital Assets Schedule your free 30-minute consultation at OneDayAdvice.com [http://onedayadvice.com/] and mention the podcast. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit onedayadvice.substack.com [https://onedayadvice.substack.com?utm_medium=podcast&utm_campaign=CTA_1]

[Crypto Series] Why You Should Care About DeFi (Decentralized Finance)

DeFi (Decentralized Finance) has quickly become one of the largest themes within crypto today, and we believe it will have the greatest disruption to financial services as we know it. Nick explains why you should care about the DeFi revolution and how you may be able to capitalize and/or benefit from it. 0:24 - Why you should care about DeFi 3:45 - Five Key Problems of the Centralized Financial System 13:20 - How DeFi has the potential to solve these problems 17:30 - The current flaws to blockchain technology 19:52 - Introduction to the concept of becoming your own bank Schedule your free 30-minute consultation at OneDayAdvice.com [http://onedayadvice.com/] and mention the podcast. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit onedayadvice.substack.com [https://onedayadvice.substack.com?utm_medium=podcast&utm_campaign=CTA_1]