Linda Garcia, Texas House Representative, author of Wealth Warrior: 8 Steps for Communities of Color to Conquer the Stock Market, and founder of In Luz We Trust, is dedicated to empowering BIPOC and Latinx communities through financial literacy. Her podcast, Investies, tackles real-money topics, demystifies investing, and explores crucial areas like the stock market, money management, and the impact of interest rates on personal finances. Linda’s work advocates for financial independence, championing equity and representation for all, especially immigrants and marginalized communities. As a financial feminist, she encourages listeners—regardless of political affiliation, be it Republican or Democrat—to take control of their financial futures. Through her podcast and advocacy, Linda tackles the intersection of financial education, the economy, and geopolitics, helping diverse communities build wealth and secure their place in today’s financial landscape. Investies, we are now publishing new episodes every Tuesday! Thanks for tuning in. This week, Linda shares two committees she has joined in this legislative session: Pension, Investments, and Financial Services (PIFS), and Delivery of Government Efficiency (DOGE). The DOGE committee of which Linda is now a part is not the DOGE committee that Elon Musk is running on the federal level; instead, this is a committee that operates on a state level in Texas, and it reviews if Texas state agencies are running as efficiently as possible. Last Wednesday, the stock market was at an all time high. And then on Thursday and Friday, investors started selling off, which precipitated a sharp decline in the market. Trump’s trade war, and new tariffs, are the cause. Linda unpacks how this all went down–and advises us on what to do right now as investors. Linda also updates us on the latest in inflation. The CPI (consumer price index) measures the change in prices paid for goods and services–and it’s currently telling us that inflation is still a problem. There are so many ways to make the stock market work for you as you gain more experience as an investor. If you have questions about different kinds of investing, please reach out! You can find us on Patreon, and submit questions without getting a membership (but we appreciate it if you do decide to invest in our show!). We love speaking with our listeners. Happy investing and happy trading! Listen early and ad-free for $3/mo on Patreon https://www.patreon.com/Investies https://www.inluzwetrust.com/wealthwarriorbook Produced by Cosmic Standard & In Luz We Trust Episode on market manipulation Learn more about your ad choices. Visit podcastchoices.com/adchoices
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18 mins