In this episode Donnell explores the "Store of Value" concept by comparing Art and Bitcoin. He navigates through the topic by using the 1031 exchange loophole as an anchor for his points. Tax section 1031 allows investors to postpone taxation on capital gains.
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Hosted by: Mr. Donnell DurdenBorn and raised in Miami, Donnell moved to Tallahassee, FL to study Economics at Florida A&M University. Although, his Grandfather and Dad were successful entrepreneurs plus real estate investors. Donnell hadn’t been exposed to the stock market and portfolio investing until he landed on the “Hill”. Amidst his graduating year, Donnell made his first stock trades with Money Gram and Finish Line. While the market crashed his two trades were extremely profitable. Since graduating, Donnell has continuously worked W2 jobs, did some economic consulting, invested, and started small businesses. He is a lover of culture, technology, and investing. Moreover, He enjoys power lifting-weight training but hates cardio! Archives
October 2018
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