Defeating Taxes, Crypto Taxes, and Financial Planning with Mitchell Baldridge
Today's episode of Jorgenson's Soundbox has a little something for everyone.
I shoot the shit with my friend Mitchell Baldridge, an accountant and financial planner who also identifies as a libertarian anarchist crypto-degenerate. We dove into the creation of his firm, everything financial planning entails, and how he flipped a Bored Ape NFT for $250k.
Mitchell can’t be everyone’s personal planner and accountant (though he is mine and I’m very grateful for that!), but he offers expertise that can help anyone. Since taxes are likely your single largest expense over your entire life, it pays to understand them.
Favorite Quotes:
“There are some key life milestones where financial planning becomes really important, and people find out they are leaving millions of dollars on the table in opportunity cost.” - Eric Jorgenson
“As your wealth grows, so does the complexity of your financial and tax planning, and the time horizon you must consider.
Billionaires should consider how their wealth will impact their great grandchildren.
It’s good to begin with the end in mind, but there are many unknowns.” - Mitchell Baldridge’s Twitter
“The money is flowing toward crypto. It’s not flowing away from crypto. Whether you’re a lawyer, financial planner, accountant, or whatever, learning as much as you can about how the crypto system works is a good idea. Learning how to help people who have become multimillionaires from this new system is a good idea and will pay off sooner than later.” - Mitchell Baldridge
Learn More About Mitchell:
Twitter: @baldridgecpa
Website: @baldridgefinancial.com
LinkedIn: linkedin.com/in/mitchellbaldridge