<p>In this week's podcast, Damien discusses the potential impact of Donald Trump's return to the presidency on investment markets. Next, Damien explains the implications for those who withdrew tax-free cash from their pensions ahead of the budget, focusing on the potential tax penalties they may face if they try to put the money back into their pensions before giving some alternative options for using the withdrawn funds. Lastly, Andy explains the changes to the energy price cap and advises listeners on whether now is a good time to fix their energy tariffs.</p> <p> Watch the whole show on YouTube here: https://youtu.be/EvDEvxCY7b</p> <p>00:00 - Introduction to Money to the Masses Episode 483 05:27 - The Trump Trade: Market Movements and Predictions 08:30 - Will Trump being president be a positive thing for investment markets? 14:15 - Which asset classes performed best during Trump's last presidency? 18:34 - Performance of Asset Classes During Trump's Presidency 23:50 - Pension Withdrawals and Tax-Free Cash Concerns 25:20 - Can you put tax-free cash withdrawals back into a pension? 26:10 - Pension recycling - Be mindful before adding cash back into a pension 29:04 - Energy Price Cap Update and should you fix?</p> <p>Check out this week's </p> <p> on the MTTM website to see the full list of resources from this week's show.</p> <p>Follow Money to the Masses on social media:</p> <p>YouTube - </p> <p>Facebook - </p> <p>Instagram - </p> <p>Twitter - </p> <p>Tik Tok - </p> <p>Support the podcast</p> <p>You can now support the MTTM podcast by visiting our </p> <p> when making any financial decision.</p> <p>You may already compare products and services online and make purchases but by doing so via our dedicated page you might not only </p> <p>save money</p> <p> but could also earn </p> <p>cashback</p> <p> or take advantage of </p> <p>exclusive offers</p> <p> for MTTM listeners.</p> <p>Every time you use a link on the page we may earn a small amount of money for our podcast. We only use affiliate links that give you an identical (or better) deal than going direct. Thank you for being an incredible part of our community. Your support means the world to us.</p> <p>Support the show by visiting and bookmarking our dedicated podcast page:</p> <p><a href="https://moneytothemasses.com/podcast" target="_blank" rel="ugc noopener noreferrer">Money to the Masses Dedicated Podcast Page</a> - <strong>Click to support the show</strong></p> <p>Resources:</p> <p><strong>Links referred to in the podcast:</strong></p> <ul> <li> <a href="https://moneytothemasses.com/become-an-80-20-investor" target="_blank" rel="ugc noopener noreferrer">Take out a free trial with 80-20 Investor</a> </li> <li> <a href="https://moneytothemasses.com/news/ofgems-energy-price-cap-to-rise-in-january" target="_blank" rel="ugc noopener noreferrer">Ofgem raises energy price cap by £21 per year from January</a> </li> <li> <a href="https://moneytothemasses.com/quick-savings/utilities/should-i-fix-my-energy-prices" target="_blank" rel="ugc noopener noreferrer">Should I fix my energy prices?</a> </li> <li> <a href="https://moneytothemasses.com/quick-savings/utilities/what-is-the-cheapest-fixed-price-energy-tariff-best-deals-compared" target="_blank" rel="ugc noopener noreferrer">What are the cheapest fixed price energy tariffs?</a> </li> </ul>

The Money To The Masses Podcast

Damien Fahy

Ep 483 - Trump trade 2.0, unwinding pre-Budget pension withdrawals & energy market update

NOV 24, 202435 MIN
The Money To The Masses Podcast

Ep 483 - Trump trade 2.0, unwinding pre-Budget pension withdrawals & energy market update

NOV 24, 202435 MIN

Description

<p>In this week's podcast, Damien discusses the potential impact of Donald Trump's return to the presidency on investment markets. Next, Damien explains the implications for those who withdrew tax-free cash from their pensions ahead of the budget, focusing on the potential tax penalties they may face if they try to put the money back into their pensions before giving some alternative options for using the withdrawn funds. Lastly, Andy explains the changes to the energy price cap and advises listeners on whether now is a good time to fix their energy tariffs.</p> <p> Watch the whole show on YouTube here: https://youtu.be/EvDEvxCY7b</p> <p>00:00 - Introduction to Money to the Masses Episode 483 05:27 - The Trump Trade: Market Movements and Predictions 08:30 - Will Trump being president be a positive thing for investment markets? 14:15 - Which asset classes performed best during Trump's last presidency? 18:34 - Performance of Asset Classes During Trump's Presidency 23:50 - Pension Withdrawals and Tax-Free Cash Concerns 25:20 - Can you put tax-free cash withdrawals back into a pension? 26:10 - Pension recycling - Be mindful before adding cash back into a pension 29:04 - Energy Price Cap Update and should you fix?</p> <p>Check out this week's </p> <p> on the MTTM website to see the full list of resources from this week's show.</p> <p>Follow Money to the Masses on social media:</p> <p>YouTube - </p> <p>Facebook - </p> <p>Instagram - </p> <p>Twitter - </p> <p>Tik Tok - </p> <p>Support the podcast</p> <p>You can now support the MTTM podcast by visiting our </p> <p> when making any financial decision.</p> <p>You may already compare products and services online and make purchases but by doing so via our dedicated page you might not only </p> <p>save money</p> <p> but could also earn </p> <p>cashback</p> <p> or take advantage of </p> <p>exclusive offers</p> <p> for MTTM listeners.</p> <p>Every time you use a link on the page we may earn a small amount of money for our podcast. We only use affiliate links that give you an identical (or better) deal than going direct. Thank you for being an incredible part of our community. Your support means the world to us.</p> <p>Support the show by visiting and bookmarking our dedicated podcast page:</p> <p><a href="https://moneytothemasses.com/podcast" target="_blank" rel="ugc noopener noreferrer">Money to the Masses Dedicated Podcast Page</a> - <strong>Click to support the show</strong></p> <p>Resources:</p> <p><strong>Links referred to in the podcast:</strong></p> <ul> <li> <a href="https://moneytothemasses.com/become-an-80-20-investor" target="_blank" rel="ugc noopener noreferrer">Take out a free trial with 80-20 Investor</a> </li> <li> <a href="https://moneytothemasses.com/news/ofgems-energy-price-cap-to-rise-in-january" target="_blank" rel="ugc noopener noreferrer">Ofgem raises energy price cap by £21 per year from January</a> </li> <li> <a href="https://moneytothemasses.com/quick-savings/utilities/should-i-fix-my-energy-prices" target="_blank" rel="ugc noopener noreferrer">Should I fix my energy prices?</a> </li> <li> <a href="https://moneytothemasses.com/quick-savings/utilities/what-is-the-cheapest-fixed-price-energy-tariff-best-deals-compared" target="_blank" rel="ugc noopener noreferrer">What are the cheapest fixed price energy tariffs?</a> </li> </ul>