4 Mistakes the Upper Middle Class Are Making With Their Money in the Trump Economy
As President Donald Trump’s second term is now in full swing, many upper-middle-class Americans are making financial moves that feel smart now but could backfire later.From reactive investment decisions to unsustainable spending habits, these short-term decisions are quietly setting the stage for long-term setbacks.Consider This: Trump Wants To Replace Income Taxes With Tariffs — 2 Impacts on the Middle Class Read Next: 6 Subtly Genius Moves All Wealthy People Make With Their MoneyHere are four mistakes the upper-middle-class is making with their money in the Trump economy.Politics Over PortfolioSome upper-middle-class investors have adjusted their portfolios based on their feelings about Trump’s economic policies rather than sticking to sound financial strategies.“Many investors who believed Trump would win the presidency bought (shares of) Trump Media & Technology Group (DJT), believing a Trump victory would translate into gains for DJT,” said Robert Johnson, an author and finance pr...