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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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Tariffs are back in the headlines—but what does that mean for your money?
In episode #121 of What Dewey Do?, you’ll get a timely breakdown of how tariffs work, which industries may rise or fall, and the smart money moves to consider right now.
When tariffs hit, they don’t just raise prices—they rattle markets, shake portfolios, and test your strategy. So, we share specific tactics like diversifying across sectors, leaning into domestic growth stocks, exploring bond opportunities, and using dollar-cost averaging to stay steady in a shifting landscape.
Tune in, take notes, and get ahead before the next round of tariffs hits.
Quotes:
- Dewey Steffen: “The key to success is positioning your portfolio your way to minimize risks and capture opportunities. Volatility creates opportunity.”
- Dewey Steffen: “Don’t overlook 'boring' investments like bonds or gold. When trade tensions rise, these safe havens gain appeal due to market volatility.”
- Dewey Steffen: “One mistake during tariff announcements is overreacting. Use strategies like dollar cost averaging and focus on long-term fundamentals.”
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Thanks for watching! What Dewey Do? is a podcast by Great Lakes Wealth (www.greatlakeswealth.us) and filmed by Evry Media (www.evry.media.com and produced by Broadcast Your Authority (https://www.BroadcastYourAuthority.com). Great Lakes Wealth, LLC is a registered investment advisor. The information provided is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Great Lakes Wealth and its representatives are properly licensed or exempt from licensure. No advice may be rendered without a service agreement in place. Securities offered through Purshe Kaplan Sterling Investments, Member FINRA/SIPC Headquartered at 18 Corporate Woods Blvd., Albany, NY 12211. Purshe Kaplan Sterling Investments and Great Lakes Wealth are not affiliated companies. The views reflected in the commentary are subject to change at any time without notice. Nothing herein constitutes investment advice or a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security or a depiction of past investments made by Great Lakes Wealth, LLC.
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