How to protect your #lifesavings from the #tariff fiasco

The #SmootHawleyAct of 1930 provides a precedent on the impact of #tariffs. Can looking at history also help you protect your #investments?

https://www.fastcompany.com/91322357/how-to-protect-your-life-savings-from-the-tariff-fiasco

How to protect your life savings from the tariff fiasco

The Smoot-Hawley Act of 1930 provides a precedent on the impact of tariffs. Can looking at history also help you protect your investments?

Fast Company
The FBI seized Linda Martin’s life savings—without telling her why

Linda Martin's lawsuit alleges that the agency violated her right to due process when it took her $40,200 and sent her a notice failing to articulate the reason.

Reason.com
My diversified portfolio #knitting #YarnStash #Lifesavings
The #DJT #Stock from #trump has been in the range of $ 13 since the IPO on #Nasdaq (about $ 70 $ in March2024). Somehow #stock exchange courses always develop exponentially, i.e. they are practically multiplied by a #factor. If the factor is larger 1, it is #uphill, if it is less 1, it goes #downhill. In the case of DJT, one could also speak of a #halflife time. But I guess the factor will still drop by itself and #accelerate the #drawdown. A lot of #maga zombies will loose their #lifesavings.

#InsuranceLobbyists block #federal crackdown on costly [good] #retirement advice

The #FinancialServicesIndustry has blocked the #Biden admin from requiring #brokers to put #retirees’ needs first — above lucrative #commissions.

To protect older Americans’ #LifeSavings, #POTUS #JoeBiden pledged in Oct to crack down on #financial advisers who recommend #investments just because they pay higher commissions. Then the insurance industry got to work.

#law
https://www.washingtonpost.com/business/2024/08/11/insurance-lobbyists-block-fiduciary-rule/

Insurance lobbyists block federal crackdown on costly retirement advice

The financial services industry has blocked the Biden administration from requiring brokers to put retirees’ needs first — above lucrative commissions.

The Washington Post
Older Adults Continue to Lose Billions to Fraud and Scams

Fraud schemes are more advanced than ever. Here’s how to prevent aging adults from losing their life savings and assets to crime.

Word In Black
Whale Scoops Up Woman and Saves Her From Huge Tiger Shark

In this beautiful example of altruism in whales, a humpback whale saves a woman from an impeding tiger shark attack.

Animals Around The Globe
This poor waitress I know is spending the last of her #LifeSavings on her third car in three years and I'm having the worst time trying to explain to her that used cars are so overpriced that she'd be better off buying a gold bar and renting a car because ten years from now she'd have something valuable instead of something worthless #HowToAdvise

#TheMetalDogArticleList
#BLABBERMOUTH
HENRY ROLLINS Has Put His Life Savings Into A Project Which He Hopes To Launch Next Year In Nashville
In a new interview with The Guardian, punk rock icon Henry Rollins once again discussed his decision to stop making music 17 years ago after spending well over a decade recording and touring with ROLLINS BAND, his alt-rock powerhouse. He said: ...

https://blabbermouth.net/news/henry-rollins-has-put-his-life-savings-into-a-project-which-he-hopes-to-launch-next-year-in-nashville

#HenryRollins #Investment #Nashville #ProjectLaunch #2020 #LifeSavings

HENRY ROLLINS Has Put His Life Savings Into A Project Which He Hopes To Launch Next Year In Nashville

In a new interview with The Guardian, punk rock icon Henry Rollins once again discussed his decision to stop making music 17 years ago after spending well over a decade recording and touring with ROLLINS BAND, his alt-rock powerhouse. He said: "I stopped processing ideas in terms of lyrics. One day...

BLABBERMOUTH.NET
I finished two paintings today. This is the first one, painting number 43 in a year long painting project on climate change. Link in bio for more of this ilk.
The end is nigh. The end of the project that is.
#landscapepainting #bangladesh #flood #lifesavings