Election season has officially wrapped up, and with the results in, we now have a clearer picture of what the future may hold. In today’s episode, Nathan and Marc dive into several important topics that could be shaped by the new administration. Listen in as they discuss the potential extension of the Tax Cuts and Jobs Act, government spending and tariffs, and how the outcome of presidential elections can influence the market.

Here’s some of what we discuss in this episode:

• The possible extension of the Tax Cuts and Jobs Act
• Taking advantage of Roth conversions during this time
• National deficit concerns and potential solutions
• The market’s reaction to the election

Resources for this episode:

https://www.usatoday.com/story/money/personalfinance/2024/11/17/trump-republican-win-low-tax-economy/76296530007/

For more, visit us online: http://thefinancialanswer.com

Whether you’re anticipating a year-end bonus this December, recently received an inheritance, or even won the lottery (hey, we’re all allowed to dream), figuring out what to do with a large financial windfall can feel overwhelming. No matter how you’ve come into this newfound wealth, it’s important to approach it thoughtfully.

Here’s some of what we discuss in this episode:

• Don’t rush your decision. When things get emotional, it’s best to take a breath and slow down.
• What are some of the smart options for putting this money to work?
• Find some balance. You don’t need to save or invest every penny.
• Some special considerations to keep in mind if you get a nice bonus this year.

For more, visit us online: http://thefinancialanswer.com

Wondering if dividend investing is still the best approach for your retirement? Based on a recent article, we dive into what incidental income is and how it may change your strategy around dividends. Nathan talks about how it generates cash flow from portfolio turnover rather than relying solely on dividends.

Here’s some of what we discuss in this episode:

• How incidental income compares to dividend investing.
• The potential volatility of overfocusing on dividend stocks.
• The tax implications of this strategy.

Read more: https://seekingalpha.com/article/4723299-incidental-income-makes-dividend-investing-unnecessary-in-retirement

Visit us online: http://thefinancialanswer.com