Why You Should Not Let the Mainstream Media Affect Your Money

Jun 5, 2025

In this episode of the WWM Podcast, we dive into the latest movements in indexes, CDs, and bonds, and explain what they could mean for your portfolio. We explore the rising influence of negative media narratives and why smart investors should avoid making knee-jerk decisions based on headlines. With potential Federal Reserve rate cuts on the horizon, we discuss proactive financial strategies—like reviewing your estate plan, updating your will, adjusting your budget, and reassessing your tax withholdings—to help keep your long-term plan on track. Our advisers also unpack Senator Rand Paul’s recent warnings about the growing national debt and explore how fiscal policy and market shifts could shape the future of wealth preservation. If you’re looking to stay informed and strategic in a rapidly changing environment, this episode is packed with the insight you need.

If you want to understand what’s going on in the economy, get better insight into the financial markets, and separate the sound from the noise so you can make good financial decisions, tune in now!

Date Recorded: 6/5/2025

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WWM Financial is an SEC Registered Investment Advisor

The opinions expressed in this program are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry and how we may be able to assist. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. As always please remember investing involves risk and possible loss of principal capital. Tax considerations presented may not be appropriate every individual circumstance. A tax professional should be consulted before making any decisions about your tax liability. wwmfinancial.com | 760.692.5190

Tariffs, Taxes and War – Certified Financial Poetry v.4

Apr 17, 2018

Watch the video of Steve’s Reading by clicking on the following link https://youtu.be/nvoj4uAwDKg or the image above.

Certified Financial Poetry

Since taxes are on our minds because Tuesday is the deadline for getting your income tax filed and since the stock market has been jostled around due to talk and tweets about tariffs these days, I am reminded of the outcome of one country’s undertaking dealing with this subject…

Today’s Certified Financial Poem is titled…

Tariffs, Taxes and War

By Steve Wolff – The Certified Financial Poet

Tariffs are nothing new,
Here’s a history lesson for you.
The American Revolution was fought,
Due to taxes the British brought.

In 1765,
the Stamp Act was derived.
And with that law set in stone,
The seeds of revolution had grown.

Taxes supporting Brits’ forces?
Their guns and ammo and horses?
From Boston to Philly they said,
These guys are nuts in the head.

Soon the Townshend Act came to be,
Taxing paper, glass, paint and tea.
That was in addition to the Sugar act,
Make no mistake, that’s a fact.

“No way,” the Colonists said,
This feeling, it quickly spread.
“These taxes are an abomination,
And we have no representation.”

But it was the Tea Act of ’73,
that was truly the real key.
The Colonies said, “No more,”
And hatched a plan from the Eastern Shore.

Let’s disguise ourselves at night,
We’re ready for an all out fight.
Board their ships and cause commotion,
Then throw their tea out in the ocean.

The Brits reacted with scurrilous rage,
But the Colonists mood they poorly gauged.
They passed the Coercive Acts bill of ’74.
And set the wheels in motion for the revolutionary war.

The act said no more governing yourselves,
Put that idea back on your shelves.
Hey Boston, your now part of the Crown,
And seriously, we don’t care if you drown.

“IT’S WAR,” said the Bostonian in its largest font
And we’re ready to fight if that’s what they want.
Your tariffs and laws, we know we don’t need ‘em.
It’s now time now for us to fight for our freedom.

Newton said that for every single action,
There’s an opposite and equal counter reaction.
That’s why a tariff can be a sticky thing,
Cause you never know what the outcome will bring.

By the way, there’s a fun song about this topic that I found called “The Boston Tea Party Song” that’s a parody of the Pharrell Williams song called “Happy.”
Here’s the link….

I hope you enjoyed today’s poem and will share it with others.

You can find more of my Certified Financial Poetry by going to WWMFinancial.com.

And remember poetry fans, “Always take the road less travelled.”

Steve Wolff is a Financial Advisor and Managing Partner at WWM Financial in Carlsbad California. Steve can be reached at 760-692-5190 or Steve@WWMFinancial.com.

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