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.

Linda unpacks capital gains–what they are, and how investors can use them to their advantage. She also discusses how investors use taxes on capital gains to their advantage. As you probably know already, folks who are farther along their financial journeys and have been investing for years are well aware of how to make capital gains work for them come tax season. That said–many of the wealthiest investors use capital gains as something akin to a tax loophole. As a part of her presidential campaign, Vice President Harris is proposing a tax policy aimed at the ultra wealthy, who have been exploiting capital gains for some time. This would also relieve the tax burden of the rest of us somewhat. 

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!

Here is the episode Linda mentioned regarding the ultra-wealthy.

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https://www.patreon.com/Investies

https://www.inluzwetrust.com/wealthwarriorbook

Produced by Cosmic Standard & In Luz We Trust

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