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Peter Tuchman

👤 Speaker
1368 total appearances

Appearances Over Time

Podcast Appearances

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

ignore the noise stand tall let the wind blow all around you make your investing about you and your goals and not who's the president not who's in congress not what someone's saying someone tweeted yesterday it should really be about what are you trying to accomplish what do i need to own to accomplish that and then just put yourself in a pattern where you do it over and over again no matter what is happening and that gives you the absolute highest chance of success

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

ignore the noise stand tall let the wind blow all around you make your investing about you and your goals and not who's the president not who's in congress not what someone's saying someone tweeted yesterday it should really be about what are you trying to accomplish what do i need to own to accomplish that and then just put yourself in a pattern where you do it over and over again no matter what is happening and that gives you the absolute highest chance of success

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

ignore the noise stand tall let the wind blow all around you make your investing about you and your goals and not who's the president not who's in congress not what someone's saying someone tweeted yesterday it should really be about what are you trying to accomplish what do i need to own to accomplish that and then just put yourself in a pattern where you do it over and over again no matter what is happening and that gives you the absolute highest chance of success

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

I think, so one big thing people talk about is taxes, but really for the last 20 years under Bush and Biden and Trump and Obama, the taxes policy has not changed significantly. Income tax rates have barely moved. Capital gains rates have not moved at all. Really taxes have not changed a lot. And the changes they talk about making are very much on the periphery.

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

I think, so one big thing people talk about is taxes, but really for the last 20 years under Bush and Biden and Trump and Obama, the taxes policy has not changed significantly. Income tax rates have barely moved. Capital gains rates have not moved at all. Really taxes have not changed a lot. And the changes they talk about making are very much on the periphery.

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

I think, so one big thing people talk about is taxes, but really for the last 20 years under Bush and Biden and Trump and Obama, the taxes policy has not changed significantly. Income tax rates have barely moved. Capital gains rates have not moved at all. Really taxes have not changed a lot. And the changes they talk about making are very much on the periphery.

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

The other big thing that impacts the economy is interest rates. The president and Congress don't control interest rates. The Federal Reserve does. We're the same Federal Reserve.

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

The other big thing that impacts the economy is interest rates. The president and Congress don't control interest rates. The Federal Reserve does. We're the same Federal Reserve.

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

The other big thing that impacts the economy is interest rates. The president and Congress don't control interest rates. The Federal Reserve does. We're the same Federal Reserve.

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

under trump that we had under biden but we do expect rates to come down a little bit more and when they do it tends to be very good for the markets because the cost of companies to borrow to operate goes down and so it has them do well the one thing that's interesting is they've got this committee elon and vivek that are going to be doing apparently cost cutting across the federal bureaucracy so there's a good way to look at this and a bad way to look at this the good way is

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

under trump that we had under biden but we do expect rates to come down a little bit more and when they do it tends to be very good for the markets because the cost of companies to borrow to operate goes down and so it has them do well the one thing that's interesting is they've got this committee elon and vivek that are going to be doing apparently cost cutting across the federal bureaucracy so there's a good way to look at this and a bad way to look at this the good way is

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

under trump that we had under biden but we do expect rates to come down a little bit more and when they do it tends to be very good for the markets because the cost of companies to borrow to operate goes down and so it has them do well the one thing that's interesting is they've got this committee elon and vivek that are going to be doing apparently cost cutting across the federal bureaucracy so there's a good way to look at this and a bad way to look at this the good way is

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

If they really did that, that would lower a lot of the expenses of the federal government. And the single biggest crisis the United States faces is the federal deficit. It's not debatable at all. It doesn't matter if you talk to a liberal economist or a conservative economist. This is the single greatest threat to the future of the United States is the deficit.

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

If they really did that, that would lower a lot of the expenses of the federal government. And the single biggest crisis the United States faces is the federal deficit. It's not debatable at all. It doesn't matter if you talk to a liberal economist or a conservative economist. This is the single greatest threat to the future of the United States is the deficit.

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

If they really did that, that would lower a lot of the expenses of the federal government. And the single biggest crisis the United States faces is the federal deficit. It's not debatable at all. It doesn't matter if you talk to a liberal economist or a conservative economist. This is the single greatest threat to the future of the United States is the deficit.

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

So cutting federal spending would be positive in that regard. If they really went really over the top and really terminated a lot of people, that would drive unemployment up a little bit. And that can also start to slow down the economy to lose all of this government spending. To me, this is still noise. And as an investor, there's too many things going on in the world.

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

So cutting federal spending would be positive in that regard. If they really went really over the top and really terminated a lot of people, that would drive unemployment up a little bit. And that can also start to slow down the economy to lose all of this government spending. To me, this is still noise. And as an investor, there's too many things going on in the world.

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

So cutting federal spending would be positive in that regard. If they really went really over the top and really terminated a lot of people, that would drive unemployment up a little bit. And that can also start to slow down the economy to lose all of this government spending. To me, this is still noise. And as an investor, there's too many things going on in the world.

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

These are just a couple things that'll be fun to watch and fun to follow to see how they play out, but shouldn't change the way someone looks at their personal plan.

Money Rehab with Nicole Lapin
Financial New Year’s Resolutions That Work with Peter Mallouk (CEO of Creative Planning)

These are just a couple things that'll be fun to watch and fun to follow to see how they play out, but shouldn't change the way someone looks at their personal plan.