Description

In this episode of 'Your Money Call', Diane King Hall discusses Wall Street records, emphasizing the importance of investing and the compounding effect of time. She explores how political changes, particularly the recent US presidential election, may impact financial strategies, including tax cuts and tariffs. Additionally, she provides practical advice on budgeting for the holiday season, encouraging listeners to prepare financially for upcoming expenses.

Takeaways

• Historical data shows the S&P 500 has averaged over 10% returns.
• Market fluctuations are normal; patience is key.
• Budgeting is essential, especially during the holiday season.
• Tax cuts and tariffs can significantly impact personal finances.
• Controlling your budget can help manage holiday spending.
• Impulse buys can derail financial plans; be cautious.

Additional Notes:

*This podcast is for educational and informational purposes. The content is not intended to be a substitute for financial or legal advice from your own financial advisor, accountant or attorney.
* You can follow podcast host Diane King Hall @dianekinghall on all social channels.