What Do Proposed Tariffs Mean For Your Portfolio?

With the recent political landscape, tariffs have become a hot topic, often surrounded by confusion and misinformation. How do you sit through the noise to find out how this might impact you? In this episode, Phil breaks down what tariffs are and how they can affect your investment portfolio as you near retirement.

Here’s what we discuss in this episode:

0:00 – Intro

1:42 – What is a tariff?

2:48 – Will costs rise?

7:02 – Has this happened before?

9:20 – Impact on economy

10:40 – Effect on the market

 

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: https://bit.ly/3WdDG96