Are Portfolios Becoming Partisan?

6 snips

Apr 2, 2025

In this episode, Bill Sweet, RWM CFO and tax expert, breaks down the interplay between politics and consumer sentiment in investment strategies. He highlights how many investors shift their portfolios based on political approval rather than economic data. Sweet dives into the tax implications of Treasury Inflation-Protected Securities (TIPS) and provides guidance for those uncertain about what to do after selling a home. Additionally, he discusses the nuances of seeking financial advice from friends and navigating the complex world of mortgages.

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ADVICE

Investment Advice

Base investment decisions on market conditions and personal goals, not political opinions.
Avoid making rash investment changes solely due to presidential elections or political preferences.

INSIGHT

Partisan Sentiment

Political sentiment often influences consumer sentiment, creating partisan views of the economy.
People's economic outlooks shift drastically based on which political party holds the presidency.

ANECDOTE

Erroneous Predictions

Commentators predicted market crashes after both Obama's and Trump's elections, highlighting the tendency to overreact.
These predictions proved wrong, illustrating the futility of market timing based on political predictions.

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On episode 166 of Ask The Compound, Ben Carlson and Duncan Hill are joined by RWM CFO and tax expert Bill Sweet to discuss consumer sentiment and politics, how TIPS are taxed, parking money after a home sale, getting an interest-only mortgage, and much more! Submit your Ask The Compound questions to askthecompoundshow@gmail.com!

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