Find more from Jake Claver by visiting the links below:
🖥Websites🖥
Digital Ascension Group - https://www.digitalfamilyoffice.io
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Twitter - https://www.twitter.com/beyond_broke
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🖥Websites🖥
Digital Ascension Group - https://www.digitalfamilyoffice.io
Beyond Broke Mastermind - https://mastermind.beyondbroke.com
Social media
Twitter - https://www.twitter.com/beyond_broke
Linkedin - https://www.linkedin.com/in/jacobclaver/
TikTok - https://www.tiktok.com/@jakeclaverqfop
Facebook - https://www.facebook.com/jakeclaverqfop
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LifestyleTranscript
00:00Otherwise, say it's Algorand in your wallet and it just distributes to you, each one of those
00:04distributions is income that you need to be reporting on your taxes. So that's kind of my
00:12thoughts. I work with clients that are anywhere north of 10 to 20 million up to 100 million in
00:17assets under management. But at that point, you can kind of hire your own in-house people,
00:21most people do for a single family office. And so you want to start looking at ways that you
00:28can hedge yourself against the loss and utilize the assets that you have to produce income.
00:34Maybe, again, take leverage against them if it makes sense for the interest rate, for your ability
00:38to take that money that you took at a low interest rate and earn a higher interest rate with it.
00:43There's a lot of arbitrage that can be had within that, but definitely you want to consult a CPA,
00:48wealth manager, financial advisor.