Contrarian investor Jared Dillian, author of The Daily Dirtnap and founder of Jared Dillian Money, joins Wealthion’s Andrew Brill to discuss why Trump’s pro-growth policies might not deliver the market boom investors expect. Explore why a strong dollar could pressure exports and commodities, the role of currency interventions, and how global shifts like China’s stimulus might shape markets. Jared also unpacks the disconnect between economic sentiment and reality, offering a fresh perspective on navigating 2025’s financial uncertainties. Gain insights on how historical trends and policy decisions could shape 2025’s financial landscape in this must-watch conversation.
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Jared Dillian 0:00
The stock market generally does what surprises people the most, and I think what would surprise people the most is a pro growth Trump administration with a bear market in stocks,
Andrew Brill 0:16
Donald Trump’s pick for Treasury Secretary has been well received and could hold clues how to lower debt while also keeping the economy rolling. I’m your host. Andrew brill, if you need help keeping your finances rolling, go to wealthion.com/free for a free no obligation portfolio review. We’ll talk about key components of the economy and how they’ll affect you coming up next
Andrew Brill 0:42
you I’d like to welcome Jared. Dillian back to wealthion. Jared is a writer, trader, musician, entrepreneur, educator. He’s the author of The Daily dirt nap, which I read daily, and it’s something you should subscribe to so it’s in your daily inbox as well. Jared, welcome back. It’s Glad to have you.
Jared Dillian 1:00
Hey, thank you.
Andrew Brill 1:01
So out of all those things, writer, educator, entrepreneur, which one do you enjoy the most
Jared Dillian 1:08
definitely, writer. In fact, I’m kind of, you know, 50 years old, and I’m not really close to retirement, but I’m, you know, it’s getting closer, and I’m looking forward to the day when I don’t have to write a newsletter every day, and I can just write novels or short stories or whatever. And that’s that’s what I’m going to do when I retire. So
Andrew Brill 1:33
and the newest book is a collection of short stories. So if you haven’t seen that one, get, get get on that and look for Jared and to a really good read. So the you had an event this past Friday where you DJ, tell us a little bit about that.
Jared Dillian 1:48
Yeah, so for a while, about every six months, I was having parties in New York City. There’s a club I have a relationship with the owner. It’s called do supper club, and it’s at 21st and six. And we actually took a break. Didn’t have a party for about two years, because I was finishing up my MFA and had some other stuff going on. So this was the first party in almost two years, and, yeah, I DJ the whole thing open to close four and a half hours. It had a great turnout. It was fun. It was cool, excellent.
Andrew Brill 2:22
Glad it went well. And we look forward to the next one. I understand it’s in May, so I’m here in New York City, and I’m looking forward to seeing you behind they’re not really turntables anymore, but I’m looking forward now. They
Jared Dillian 2:36
call them turntables. They call them DAX behind the desk. So
Andrew Brill 2:40
I’m looking forward to that, but let’s get going. Jared, what’s your take on the present economy? It’s a little bit up, a little bit down, and not sure about the numbers.
Jared Dillian 2:52
Are you asking about the economy, or you’re asking about the market, the economy in general. Nothing wrong with the economy. The economy is fine. What I’m kind of waiting for is for some of the PMI numbers to come in after the election, to see if there’s going to be a bump in sentiment. You know, for the last two years, really, or year and a half, the PMI numbers have been pretty terrible, and you have to wonder if part of that was just pessimism around Biden being president, and maybe, you know, after the election, people will become more optimistic. But the funny thing about those PMI numbers is that as bad as they were, they weren’t really, for the first time, they weren’t really a good predictor of the economy. You know, I kind of remember being pretty new at Lehman in like, 2002 2003 and you know, the Fed paid a great deal of attention to ism, what, what they call back then was nap if you remember that the National Association of purchasing managers, and you know, if the If napam came in above 50, then the Fed was hiking. And if it came in below 50, the Fed was cutting. And we had a very long run of data with the PMIs below 50, and yet the economy ended up being pretty strong, you know. And a lot of people pointed out that divergence between sentiment in the real economy, the economy itself was strong, but sentiment around it was really bad, and a lot of the reason for that was because of inflation. Do you
Andrew Brill 4:31
envision a better scenario under the next administration you had mentioned? Maybe the PMI is not doing as well, because of the administration. But do you expect that stuff like that will pick up?
Jared Dillian 4:44
Um, I mean, theoretically, yes. You know, every everything that Trump is doing is very pro growth. The pick of Scott Besson as Treasury Secretary couldn’t get, couldn’t really be any better. This is a guy who. Focused on reducing the deficit and cutting taxes, and Trump himself is focused on cutting regulations. So this is going to be a very pro growth four years, having said that there isn’t really a strong correlation between the stock market and a president’s policies, and if you go back to when Reagan was elected in 1980 you know, Reagan immediately cut taxes a lot, and cut taxes to route both of his terms. But the stock market, you know, basically you had Volcker raising rates in 80 and 81 and we had a recession in 1982 and stocks very cheap. But the point is, is that, you know, Reagan had been president for about three or four years before the stock market finally started to go up. So I think a lot of people are expecting that, you know, we’re going to have four years of Trump and the the stock market is going to go from the lower left to the upper right. It might, it might not work out that way, you know, for a whole bunch of reasons. And if you look historically, you know, the stock market, if you just go from start date to end date of presidencies, the stock market has done better under Democrats than Republicans. There’s a whole bunch of reasons for that. You know, a lot of times the stock market will be pricing in a Republican presidency while the Democrat is president. But nonetheless, I mean, I guess, I guess, what I would say is that people’s expectations, I think, are a little excessive here.
Andrew Brill 6:35
Yeah, in his first presidency, the stock market went from about 20,000 to 30,000 under Biden 30. I’m using rough numbers 30 to 44 at this point, and I can’t imagine the growth can be anywhere near that drastic under Trump’s second administration. Yeah. I
Jared Dillian 6:57
mean, that’s kind of what I’m thinking. I mean, you know, the stock market generally does what surprises people the most? And I think what would surprise people the most is a pro growth Trump administration with a bear market in stocks. I think that would surprise a lot of people not predicting it, but I’m just, you know my job as a newsletter writer is to kind of get people to use their imaginations and think outside the box and say, look like, you know, this doesn’t have to happen. Something else could happen.
Andrew Brill 7:29
And the newsletter is the daily dirt nap, as I had mentioned earlier. So to, you know, Google that, take a look at it and give that a read, because it’s excellent. And I just realized that the picture that you drew draw on every page isn’t the number seven. It’s actually someone jump, a stick figure jumping off a cliff. If you take a really good look, you can actually see it. And I had my glasses on, I was able to see exactly what it was. But I want to get it to Scott bent for a minute. And you know Trump’s tariffs, I know that he’s got a job to do, and the Treasury works sort of in conjunction with the Fed, and he wants to cut spending. He’s not in charge of cutting or I said, I should say he wants to cut the deficit and or the debt, but he’s not in charge of spending. So how does he go about doing that
Jared Dillian 8:20
well. I mean, now we have Doge, right? We have the Department of government efficiency, which I don’t, I don’t fully understand, like, what power Doge has, or if they’re just advisory, or whatever, the Republicans do have a slim majority in Congress. I think they have the ability to cut spending by quite a bit. You know, Elon Musk said he could cut $2 trillion of spending, and I don’t know if Elon has done the math, but that’s pretty much impossible, unless you go after entitlements. You know, Medicare and Social Security, which is something that Trump said he would never do. But, you know, Bessin is a deep thinker. He’s, like I said, he’s really the best possible person for the job. And this is speaking of surprises in 2025 like, I wouldn’t be surprised if they do try to reform entitlements in some way. You know that that would it’s the right thing to do. You know, whether you do things like raise the retirement age, or raise the cap on Social Security earnings, or actually raise the contributions, or there’s a number of things you could do. I mean, it’s, you know, we are headed for a demographic, demographic bomb when it comes to social security, so I wouldn’t be surprised if they try to reform it somehow in the next four years. I mean, Trump is term limited. He can’t run again, right? So maybe it’s possible.
Andrew Brill 9:55
So I know that it. Donald Trump had a highly publicized meeting with Justin Trudeau, told Canada they can come become the 51st state, when they were talking about tariffs and how Canada wouldn’t be able to afford all those tariffs. Do you think he’s really using it as a negotiating tool, just to try and level the playing field a little bit as far as imports and exports?
Jared Dillian 10:19
Yeah. Yeah. I mean, Trump is constantly negotiating. I mean, I think his, I think his nomination of Matt Gaetz was negotiation, you know? I mean, I think he was nominating a guy that really had no chance of being confirmed and that everybody would freak out about, so he would ultimately get the candidate that he wanted. And that’s exactly what happened. So he’s constantly negotiating, talking about, I do want to talk about tariffs for a bit. The tariffs are a negotiating tool, but I’m also anticipating that he’s going to use tariffs for economic reasons, and if the US uses tariffs, then the dollar is going to get stronger. And the dollar is already incredibly strong. So, you know, the point that I’ve been making in the newsletter is that I don’t think that the Trump administration is going to tolerate a stronger dollar. You know, not with not with JD Vance’s VP, who was crapping all over the dollar during the campaign. So, you know, I would expect any number of things to, you know, try to offset the dollar strength from the tariffs and try to weaken the dollar. One of the things that I was talking about is which they might use as a last resort is currency interventions to actually directly weaken the dollar. I think all these things are possible. What
Andrew Brill 11:45
kind of currency interventions do? Are you thinking about?
Jared Dillian 11:49
Well, the interesting thing about currency interventions is that if you’re doing them to strengthen your currency, it never works. If you’re doing them to weaken your currency. It always works, right? Because you can basically print an unlimited amount of dollars to sell in the marketplace. It is inflationary, but that’s something you can do to strengthen your currency. You have to use your currency reserves, which you have a finite amount of like, kind of like what Japan is doing, and eventually you’re going to run out. So I think it’s possible they could act to weaken the dollar. You know, I think on a purchasing power parity basis, the dollar is just incredibly strong. There’s been a lot of talk in the last month or so about this us out performance over the rest of the world, whether it’s Europe or Asia. And I, you know, I think there’s a good chance that outperformance reverses. It doesn’t seem like that right now, but I think that that’s possible too. So
Andrew Brill 12:55
what is the drawback? Jared of a strong dollar? I, you know, it seems like a look, you know, you can go, go and purchase a lot of stuff from overseas, but what is the drawback, and why does Donald Trump want to weaken the dollar?
Jared Dillian 13:09
Well, if you have a strong dollar, it makes it difficult to export things, which means it’s going to be very tough on your manufacturing. But there’s actually a silver lining in having a strong dollar, which is that if it is difficult to export things, it forces your producers to become lean and mean, right, to operate very efficiently so they can compete with a strong currency. Right? If you intervene to weaken the dollar, if you weaken your currency, it makes it easier for your exporters, but you’re actually encouraging them to be inefficient and flabby, and it actually hurts them in the long run. So, you know, a weaker currency is short term gain, long term pain, basically. And you know, I don’t think there’s going to be a lot of consequences to, you know, jawboning the dollar lower about five or 10% because the dollar is at least 20% overvalued, but yeah, so
Andrew Brill 14:06
if we bring it down a little bit, it really shouldn’t hurt all that much, but it may, may make things a little bit more efficient, that’s for sure. So Bessette is in charge. Is going to be in charge of the Treasury. It appears now that Jay Powell will be sticking around until the end of his term. How well do you think they work together?
Jared Dillian 14:30
I actually haven’t thought about this before. I mean, probably reasonably well. You know, they both. They both have a finance background. You know, neither of them are really academics, you know, basin is, you know, investor, he’s a hedge fund operator, and Powell is a private equity guy. I think they’re going to speak the same language, you know, we heard yesterday, the day before that Trump is not going to try to replace Powell at the Fed, which I think is the smart thing. To do. I think his replacement is going to be Kevin worsh. Would be my guess, especially since you know worsh was being considered for Treasury, but didn’t get that. I think wash is we think Warsh is probably going to be the next Fed chairman.
Andrew Brill 15:15
Do you think the Powell’s done a good job in lowering inflation and getting it to a point where it’s doing okay,
Jared Dillian 15:24
I think he’s done. I mean, look, I mean everybody, I think would have the same report card for Powell. He was slow to recognize inflation, but once he did recognize inflation, he acted very swiftly to bring it down as quickly as he could. So I give him kind of a b minus. And
Andrew Brill 15:45
where do you expect we go? In December, we’re probably about a week away from another Fed meeting and an announcement of a cut or not. Yeah,
Jared Dillian 15:54
I think we’re pricing in about a 90% chance of a cut. And I think that’s about right. I think we will get another 25 basis point cut, you know, but the fact, you know, we’re cutting interest rates 100 basis points, while crypto is going bananas and the stock market is going bananas. And you know, not that I’m going to blame all this speculation on the Fed cutting 100 basis points. But basically, the Fed got spooked by some payroll data, and they panicked, and they cut 50 basis points back in September, which I think was a mistake. And, you know, I think, I think I said this the last time we talked. I mean, I think I said that in 2025 they’re probably going to be taking back some of these rate cuts and actually hiking rates. So
Andrew Brill 16:42
you think that the new administration will be a little bit more inflationary,
Jared Dillian 16:50
then, well, you know, it’s, it’s funny, because there’s, there’s so many dynamics here, inflationary the economy is going to run hotter with Trump as president, but with them, with Biden as president. But my guess is, is that the Fed, which you know, not to get into politics, but they donate to Democrats, 10 to one over Republicans. My guess is they would prefer tighter monetary policy while Trump is president, and then we’re getting into, you know, Trump stated desire to have a say in the monetary policy process. And you know, if Trump is agitating for lower rates, like he was in 17 and 18 with Powell, then that could, you know, maybe, let me just say there’s a lot of uncertainty for next year. I don’t know. I don’t know what Trump is going to do. I think if Trump doesn’t interfere in monetary policy, Fed funds will be higher. But if he does, then we’ll see.
Andrew Brill 17:59
So let’s get into the stock market a little bit. The NASDAQ right near its high, s and p over 6000 The Dow is not far off its high. You’ve written that you’re bearish on stocks. Can you explain?
Jared Dillian 18:15
Yeah, I’m bearish on stocks, but I’m not doing anything about it. I think that’s like, I think, you know, my job as a newsletter writer is to obviously recommend trades to my subscribers, and I don’t want to be in a position where I’m telling people to go short and then the S P goes up another 15% and, you know, we get squeezed, and it’s terrible. And, you know, so my job is to time it perfectly. And, you know, in doing so, I’m paying a lot of attention to the technicals and in the price action, the technicals and the price action, and when I just see how the market trades, it doesn’t seem super copy to me. I still think we have some more upside. If we don’t, I mean, if the market goes down five or 10% tomorrow, I’ll be happy. But, you know, I do think we have some more upside. So what I’m trying to do is to time it perfectly so you’re
Andrew Brill 19:19
sitting tight for now, but if it goes down five or 10% are you putting more money to work?
Jared Dillian 19:26
Depends on the price action. It kind of depends on how it goes down. But yes, yes, I will probably, I mean, I, you know, there’s, there’s a portfolio in the newsletter. We have a lot of long positions, you know. And the one thing I’ve learned about bear markets is that if you have a portfolio of stocks, and you think to yourself, well, even in a bear market, this stock is safe, or this stock is safe, or this stock is safe, in a bear market, really nothing is safe, you know. So when stocks go down, they. Generally all go down, so I will be ruthlessly cutting long positions if the market starts to decline. So do you have
Andrew Brill 20:08
a feeling about where it might go? You say you’re not doing anything about it, so obviously you think there’s a little a little bit more of an upside. Do you have any inkling of where you think the market’s going?
Jared Dillian 20:18
No, I don’t. I really don’t. I don’t. Yeah, I mean this, you know, I look like, I look at 100 charts a day, you know, whether it’s on Twitter or stuff that people send me or whatever. And, you know, there’s a, there’s a very good research shop called sentiment trader, which they’re pretty good at putting together quantitative sentiment analysis about the market. And one of the things they’ve been doing recently is they’re looking at advances versus declines in the fact that we’re putting in new highs on successive days with more declines than advances. And they said, the last time this happened was 1928 there’s they put out all kinds of good stuff like that. So I look at all this stuff, but you know, the price action is still, is still fine. So do
Andrew Brill 21:14
you worry about a recession? Do you think a recession is coming? Should we be protecting ourselves somehow take some profits off the table or continue to ride. You
Jared Dillian 21:25
know, when you ask if I’m worried about a recession, I’m not really worried about a recession from an economic or stock market standpoint. Like, we’ll survive a recession, right? Like we survived the financial crisis, you know, we’ll survive a recession. What I’m worried about is the political and social implications, because we haven’t had a real recession in 16 years. I mean, we had the pandemic. We had a brief recession during the pandemic, and stocks went down 35% but then they went right back up. And so we haven’t had a sustained recession in almost two decades. It’s been the longest economic cycle, really, in history. So what concerns me from a political and social standpoint is that if Trump is president and he presides over a recession, in a bear market. What is going to happen in 2028 and what is going to be the backlash to that? You know, those are the types of things that I think about. Does
Andrew Brill 22:30
the does the market euphoria? You know, it’s almost like the fear of missing out. It’s like, okay, you know what? Oh my god. The market just keeps going up and keep going up. Does that the euphoria? Does it worry you at all concern you?
Jared Dillian 22:44
Oh, yeah, absolutely. You know, my brother is never going to listen to this. So, you know, I’m happy to talk about him, but he, he, he, you know, he does pretty well for himself. And he called me yesterday and said that his tiny portfolio of crypto is now worth $200,000 and just the fact that you know, like, if you if you ever find yourself, if you have a stock or an index or crypto or something like that, and it’s doing really well, and you’re telling people about it, you should immediately just sell everything and go to cash. So, so the fact that I find out about this now I think, is, you know, kind of telling so I
Andrew Brill 23:29
loved your anecdote in in today’s newsletter about the people in the convenience store, the elderly ladies in the convenience store.
Jared Dillian 23:39
Yes, yes, telling somebody to buy ripple, yes.
Andrew Brill 23:43
One is showing the other on her phone. How well her crypto stock is doing. So what are your thoughts on crypto? Jared, I you know it was everybody’s saying, Oh, get on board. Get on board. It’s going here. It’s going there. We did see it go from, I don’t know, 70,000 down to 14,000 now, bitcoins over 100,000 again today as we sit here and talk. But what are your thoughts on crypto?
Jared Dillian 24:09
Well, I don’t like, I don’t like investing in crypto. I’ve done it before. I don’t like 80% bear markets like I don’t. I don’t really feel like riding out an 80% bear market. That doesn’t appeal to me. You know, when I look at crypto right now, there’s about 3 trillion in market cap in crypto, and there’s 300 trillion of investable assets globally. So stocks, bonds, real estate, commodities, 300 trillion of investable assets globally. So crypto is about 1% of that, right? So I can easily see crypto being two or three or 5% of that. So if there was a way for me to buy a crypto index. Yes, like, let’s say, like, you know how the Vanguard has the total stock market index fund, right? If there was a total crypto market index fund where I could just buy an index of all crypto, I would buy that and just have it as part of my I would have it as 1% of my allocation, or 2% with the idea that someday it would double or triple, right like it just just as it increases in value relative to other financial assets.
Andrew Brill 25:31
How are you feeling about commodities? You know, commodities have been low for a long time. As the dollar devalues and Trump tries to devalue the dollar, you would assume that people might get back into commodities. Where do you think commodities are going?
Jared Dillian 25:48
No, I totally agree with you. I think that’s going to happen. And if you look at a chart of a commodity index like the B Com, or something like that, there’s, you had a big rally in September, and the rally kind of faded, and we’re kind of forming a base. I think commodities are forming a base over time. Yeah. I mean, that’s kind of what I’m waiting for, is for some dollar jaw boning or devaluation that’s going to get the commodities market going again. I don’t think commodities are going to make lower lows. I’m pretty I’m pretty comfortable saying that. So
Andrew Brill 26:25
is that something you’re looking into?
Jared Dillian 26:30
Yeah, for sure. Yeah. Is,
Andrew Brill 26:32
is do the, I want to say this politically correct? Do the world events affect commodities? I mean, we’re going to have to, or somebody’s going to have to rebuild Ukraine. They’re going to have to rebuild Gaza. Syria is now in a state of disarray. Let there’s been bombings in Lebanon. So there’s there’s places that need to rebuild, and they’re going to need infrastructure, steel, copper, for wiring, all these things that are commodities? Do you think that that helps the commodity market at all?
Jared Dillian 27:05
It doesn’t hurt. It sure doesn’t hurt. I think that a bigger driver of commodities is China. And, you know, commodities went up in September because of the China stimulus, right? Like commodities skyrocketed. And I think if we get another round of China stimulus, I think that will do the same thing. You know, China, China. We could talk about China for like an hour, but they’re, they’re in it. They’re in a position where they they have to continue to stimulate, which is one of the reasons why I’m not bearish on commodities. So
Andrew Brill 27:44
as they continue to stimulate, how do, how do the tariffs? And look, let’s be honest, that that’s where Trump is going after he wants to go after China. The tariffs everywhere else, I believe, are a negotiating tool. But the tariffs in China are real, and he’s looking to, you know, stick it to them, in a sense, to have them pay their fair share as well, because we import a lot of goods from China.
Jared Dillian 28:14
Well, there, you know, China, in response to the tariffs, is simply going to devalue the yuan, like, that’s, that’s what they’re going to do in response. So if they’re faced with a 15% tariff, they’re going to devalue the yuan by 15% to offset the impact of the tariffs. Which is why I think, I do think that in this, like this is, I just want to point out this is a very out of consensus view. Nobody else is talking about this like nobody else is talking about currency interventions, but that is why I think the US will intervene against the dollar. And I can see a situation where the US is selling dollars and China is buying dollars to devalue the yuan, right? So I think that’s possible.
Andrew Brill 29:03
What are you working on? Now, I know your white paper came out about hedge funds, and not so much hedge funds, but you know, private private equity, and what else are you working on?
Jared Dillian 29:17
Um, well, working on an options master class. So a few years ago, I wrote up a bond master class, which is still on the Jared dillian Money website. It was a huge hit, so there’s been a lot of demand for an options master class. So I wrote a draft of that. I finished it a few weeks ago, and we’re currently putting it in production. So hopefully that’s going to be available sometime in March or April. And I’m, I’m super excited about that. There’s, you know, there’s a lot of options. Books that you can buy, you know, you can get options for Dummies, or you can buy the needberg book, or you can buy some book with a lot of math. But I think this options master class kind of cuts through all the stuff you don’t need to know and tells you exactly what you do need to know. So I think it’s going to be humongous. I think it’s going to be great. How
Andrew Brill 30:23
tricky are options? I know that it look you talk in your newsletter, you talk a lot about puts on certain things to hedge your bets and say, Look, you know, either market is going to go downward by puts on this and stuff like that. But how tricky are options that you can you can get stuck a little
Jared Dillian 30:40
bit, um, you know, I was very fortunate, because I started my career in Wall Street in the options business. I started on the floor of the Pecos Options Exchange in 1999 and I really learned about options before I learned about anything else, which I think gave me a huge advantage, not only in interviews when I was interviewing for Wall Street jobs, but, you know, I had a quote that I put on Twitter a few years ago, and I said, if you only know about stocks, then you know nothing about finance, but if you know bonds and options, you know everything about finance. Where
Andrew Brill 31:22
do you expect the bond market to go? Obviously, Scott percent is is going to be, you know, handling that. Where do you expect the bond market to go? Well,
Jared Dillian 31:34
I’m bullish in the short term. I think rates are going to come down in the short term. And they have. They’ve come down from about 450 to 415, on 10s. I think there’s a little more upside in bonds, a little more downside in rates. But outside of the next, you know, outside of the next couple weeks, I’m not really sure. I don’t have a strong view. So, I mean, I think that around the election. You know, the night of the election, bonds sold off pretty aggressively. They sold off like 20 basis points. And it was basically under the assumption that Trump was inflationary, that he was going to blow out the budget, kind of like he did in his first term. And my position was that no, actually, the opposite is going to happen, like this time he has small government instincts, he’s going to be hiring people that have small government instincts. They’re actually going to cut the deficit. And I think that’s why you’ve seen yields come down a bit. But as to what happens next year, I’m not really sure.
Andrew Brill 32:35
Well, let’s hope he does cut that deficit and we figure out how to spend a little bit less, because, you know, long term, we could be heading for a disaster if it just continues to skyrocket. So hopefully you’re right, and you know, we get that spending under control. Jared, thanks so much for joining me. I want to wish you a happy holiday season and all the best in the new year, and we’ll speak to you soon. Thank you so much. All right, thank
Jared Dillian 33:00
you.
Andrew Brill 33:00
Thanks so much for watching our discussion here on wealth and with Jared dillian, sometimes his views are contrary to popular opinion, but oftentimes he’s right. If you would like help being financially resilient, please head over to wealthion.com/free for a free no obligation, financial review. And of course, if you could like and subscribe to the channel, we would greatly appreciated. Don’t forget to hit the notification bell so you know when we post new videos on the channel, and please do the social media thing with us, all the links right below in the description. If you like this content and are looking for more ways to achieve long term wealth, watch this video next. Thanks again for watching until next time. Stay informed. Be empowered, and may your investments flourish.
