Nancy Pelosi has now made roughly double her salary in one single stock market trade she made in Nvidia late last year. Politicians are now beating the world's best investors and are consistently outperforming the S&P 500. And it all comes back to congressional stock trading. So how bad is it?
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★ ★ CONTENTS ★ ★
0:00 The Congressional Stock Trading Problem
1:50 Nancy Pelosi's Opinion
2:45 What's the Problem?
4:45 The STOCK Act
5:55 Conflicts of Interest
9:40 Using the Information to Our Advantage?
My Podcast: https://www.youtube.com/c/TheYoungInvestorsPodcast
Brandon van der Kolk is authorised to provide general financial product advice in Australia and is an Authorised Representative (Number 1305795) of Guideway Financial Services Pty Ltd, AFSL Number 420367. Any advice is general & does not consider your financial situation, needs or objectives so consider whether it's appropriate for you. Read Brandon's Financial Services Guide available from https://guideway.com.au/NewMoney.pdf. Past performance is not a reliable indicator of future investment returns.
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