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Friday Flight - Trump’s Tariff Tussle, Paying Egg-stra, & Don’t Buy the Dip! #942
Feb 7, 2025
This week, the hosts tackle the quirky world of Valentine's Day spending versus stock market strategies, offering savvy love alternatives. They dive into the egg shortage affecting Waffle House prices, which sparks a humorous take on breakfast economics. The dangers of 'buying the dip' are unveiled, contrasting it with safer investing methods. They also address the fine line between investing and gambling with the rise of platforms like Robinhood. Personal finance tips round out the conversation, ensuring you're ready for the weekend!
31:39
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Quick takeaways
- Understanding the impact of Trump's potential tariffs on consumer prices is crucial for effective financial planning and budgeting.
- Managing subscription services effectively can lead to better control over personal finances, reducing unexpected charges in today's digital landscape.
Deep dives
Managing Old Retirement Accounts
Many individuals have outdated 401(k) accounts that can hinder financial growth over time. A Fidelity rollover IRA can help in this regard, as it features no account fees and has no minimums to open. The rollover process is straightforward and can be completed in under 15 minutes, allowing for easy transitioning of retirement assets. This option is especially beneficial for those who have switched jobs or need to organize their financial portfolios.
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