Building wealth beyond limits | Sharing insights on finance, legacy & breaking the broke mindsetjakeclaver.com/links Professional Serv Dallas, TXJoined July 2009
Using crypto gains to buy real estate is a common move, and the tax and titling questions trip people up. Selling crypto to fund it is a taxable disposition. Whose name the property goes into matters.
The move can be smart. Doing it without planning gets expensive.
Palau's stablecoin runs on Ripple's technology specifically because it avoids the energy demands of mining-based cryptocurrency, according to the government's own FAQ. That's an operational reason a small nation picked this rail over Bitcoin.
culls
.@USComptroller Jonathan V. Gould: Today’s final rule advances @POTUS Trump’s and @SecScottBessent’s vision for American leadership in digital assets. We are providing a clear, practical framework for payment stablecoin innovation, with strong standards for reserve backing,
To the RIAs and wealth managers: treat a crypto-heavy client as a relationship to keep, not a problem to dodge.
You don't have to custody digital assets or become a defi expert. A sub-advisory sleeve has the infrastructure, and you stay the advisor of record.
One reason advisors hesitate on crypto is the company it keeps: retail exchanges, leverage, whatever's trending that week. Fair enough.
A sub-advisory sleeve is a different animal. A managed allocation, not an app you point a client at.
A lot of RIA and CPA firms don't need to build a crypto practice. They need a desk they can lean on for the part they aren't set up to run.
You keep the client, the plan, the return. The crypto piece stops being the thing you hope nobody brings up.
BREAKING: Brent crude oil surges to nearly $110, its highest level since September 15, as Iran places its armed forces on the highest alert for 72 hours and mobile bomb shelters being rapidly deployed in Tel Aviv.
US oil is now at $100.
🚨NEWS: @USComptroller Jonathan Gould says the @USOCC’s final rule implementing the GENIUS Act is expected “in the very near term,” before the end of October.
He made the remarks at the Milken Institute’s “Building the New Digital Economy” event, held alongside DC Fintech Week.
To me, financial freedom = 2x your monthly expenses in passive income
Want $20K/month lifestyle? Target $40K+ coming in every month
Using the 4% rule, that means about $12M invested at 4% yearly returns
Park that, and your baseline is secured for life
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