2 Question Tuesday – 06/18/2024 – Does Buying An S&P Fund Overexposed To Three Companies Create Undo Risk & If The Income Tax Is Replaced With Tariffs Won’t This Idea Send Inflation Soaring?

Welcome to 2 Question Tuesday. This week’s client submitted questions were:

  1. Does buying an S&P fund overexposed to three companies create undo risk?
  2. If the income tax is replaced with tariffs won’t this idea send inflation soaring?

Phil, Mike, and Larry discuss how three companies now make up 20% of the S&P 500 Index and if buying an S&P fund in this environment create undo risk? They then address a new plan from former president Trump on replacing the income tax with tariffs and if this idea will send inflation soaring by raising the price on most imported goods by as much as 110%?

Submit your questions to question@2questiontuesday.com

As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.

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Host Lawrence Carrel’s books available available at Amazon.com