#108: Bitcoin - Catching a Falling Knife

#108: Bitcoin - Catching a Falling KnifeThis week's episode of Cellar Door Skeptics, Tanner interviews Phil Ferguson from Polaris Financial Planning to talk about Bitcoin, Income Tax on the rich, and his book recommendations for those who want to learn more and become better financial planners. Phil owns his own successful financial planning business and we start the episode out by talking about whether bitcoin is a good investment or not. As an expert in financial planning, we wanted to pick his brain about the phenomenon of Bitcoin and if we should jump on board or hold our distance. The show also focuses on talking about some of the items that Hanna and Tanner did not cover in episode 107 with a slant on how it affects income tax from a financial planning perspective. The show ends with some solid advice for those just getting into financial planning or those whom want to take a deeper dive.#Bitcoin #PolarisFinancial #FinancialPlanning #Investments #Podcast Subscribe: http://www.spreaker.com/user/cellardoorskepticsFacebook: https://www.facebook.com/CellarDoorSkepticsRSS Feed: https://www.spreaker.com/user/8326690/episodes/feediTunes: https://itunes.apple.com/us/podcast/cellar-door-skeptics/id1044088575?mt=2&ign-mpt=uo%3D4Website: http://cellardoorskeptics.comStitcher: http://www.stitcher.com/podcast/cellar-door-skepticsPatreon: https://www.patreon.com/cellardoorskepticsPayPal: https://www.paypal.me/CellarDoorSkepticsIntro Music: http://aloststateofmind.com/Links------http://polarisfinancialplanning.com/https://www.spreaker.com/show/phil-fergusons-tracks------https://arstechnica.com/tech-policy/2017/12/bitcoins-insane-energy-consumption-explained/https://bitcoin.org/en/https://www.forbes.com/sites/jasonbloomberg/2017/12/09/seven-lies-bitcoin-fans-tell-themselves-and-anyone-else-who-will-listen/#212fac03402dhttp://markets.businessinsider.com/currencies/news/buying-bitcoin-with-mortgages-credit-cards-2017-12-1010998104https://www.forbes.com/sites/jasonbloomberg/2017/06/26/what-is-bitcoins-elusive-intrinsic-value/#5f6190d77194------The richest man in babylon bookhttps://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111A Random Walk Down Wall Streethttps://www.amazon.com/Random-Walk-Down-Wall-Street/dp/0393330338Common Sense on Mutual Funds: Fully Updated 10th Anniversary Editionhttps://www.amazon.com/Common-Sense-Mutual-Funds-Anniversary/dp/0470138130/ref=sr_1_1?s=books&ie=UTF8&qid=1513042688&sr=1-1&keywords=common+sense+on+mutual+funds