Ask KT & Suze Anything: Do The Trump Tariffs Mean It’s Time to Buy or Sell?
Feb 2, 2025
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Curious about Trump tariffs? There's a discussion on whether to buy or sell stocks impacted by them. Listeners also get advice on dental insurance options and the benefits of savings plans. Strategies for managing retirement accounts and navigating trusts are explored, along with investment tips for retirees. The importance of family communication around estate planning and insurance is emphasized, ensuring everyone is on the same page for a smoother financial future.
The podcast emphasizes the critical role of financial independence for women, especially when escaping abusive relationships, encouraging them to prioritize their own happiness.
Listeners receive practical investment advice, focusing on the importance of market awareness and strategic diversification in response to economic conditions, such as the impacts of tariffs.
Deep dives
Empowering Women Through Financial Independence
The podcast emphasizes the importance of financial independence for women, particularly in the context of leaving abusive relationships. A case is presented in which a woman named Juliana seeks advice about divorcing her abusive husband of over 40 years. The hosts passionately assert that enduring financial, emotional, and psychological abuse is unacceptable, urging her to embrace the courage required to pursue a divorce. They highlight the necessity for women to prioritize their own happiness and security, reinforcing the idea that it's better to take the difficult path toward freedom rather than return to a familiar, yet harmful, situation.
Investment Strategies and Market Insights
The hosts provide insights on investment strategies in response to listener questions, with a focus on market conditions and stock performance. One listener, Stephen, asks whether he should buy or sell Whirlpool stock after a significant drop, which the hosts trace back to recent tariffs imposed by the government. The advice given is to sell Whirlpool shares and diversify investments into more stable companies like Verizon and Pfizer, which also offer higher dividend yields. This discussion illustrates the importance of market awareness and adapting investment strategies in response to economic changes.
Choosing the Right Insurance
The podcast explores the intricacies of insurance decisions, particularly in the context of condo associations. A listener named Nikki inquires about whether all unit owners should maintain individual insurance policies within their association, prompting advice from the hosts based on their own experiences. They emphasize that while condo associations generally insure shared structures, individual units may not be covered for personal damages. The recommendation is to assess coverage needs thoroughly and potentially retain a personal policy to avoid significant financial risk in the event of damage.
For this Ask KT & Suze Anything episode, Suze answers your questions about selling or buying stocks of companies affected by the new tariffs, dental insurance, putting a home in trust and so much more!
Protect your financial future with the Must Have Docs: https://bit.ly/3Vq1V3G Get your savings going with Alliant Credit Union:https://bit.ly/3rg0Yio Get Suze’s special offers for podcast listeners at suzeorman.com/offer Join Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on the podcast. Download the app by following one of these links: