About this episode
In this episode, we examine the intersection of politics and investing, highlighting how emotional decisions can cloud judgment. We discuss politically-themed ETFs, like the Defiance MAGA ETF, emphasizing that economic factors, not political trends, influence stock prices. Listeners are cautioned against allowing political affiliations to dictate investment strategies, as this can lead to underperformance. Using Walgreens as an example, we underscore the importance of diversification over individual stock investments. We answer listener questions about tax regulations and advocate for low-cost index funds and ETFs for long-term success. 2:16 Don's and Tom's Politics 4:34 Should You Invest Politically? 8:08 The Risks of Individual Stocks 21:43 The Fall of Walgreens 30:44 Fidelity vs. Schwab: A Comparison 33:48 Understanding Zero Coupon Funds Learn more about your ad choices. Visit megaphone.fm/adchoices