Regulations Can Be Expensive and Ineffective

Today, Paul and Jim talk about what you might expect to see from businesses now that many regulations imposed on them are being rolled back. While most regulations have good intentions to keep customers safe and create fair business practices, usually they are just expensive and ineffective. Paul talks about the many regulations in the financial planning industry that are designed to help investors but don’t keep planners from making commissions and selling bad products.

 

Later in the episode, Paul shares a clip from a seasoned billionaire investor about why he doesn’t think a change in presidency creates any real opportunities to time the market or predict the future.

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