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Pawn Stars personality Rick Harrison gestures broadly at the White House as President Donald Trump looks on. Anna Moneymaker/ Getty Images

Rick Harrison praises Trump’s tax bill as ‘absolutely amazing’ — and says he could go down as ‘best president ever.’ How to bet on a big US turnaround

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Rick Harrison didn't need much time to make his feelings clear.

Speaking at a White House small business event, the Pawn Stars personality and longtime business owner used his brief remarks to deliver a full-throated endorsement of President Donald Trump's record.

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"I just want to say he's amazing. He's done so much for all of us," Harrison said, as Trump stood behind him at the podium (1). "I mean, the backbone of this country is small business, plain and simple."

Harrison, owner of the Gold & Silver Pawn Shop in Las Vegas, became a household name through the History Channel show Pawn Stars. But at the White House, he was speaking less as a TV personality and more as a small-business owner — one who credited Trump's tax agenda with making life easier for entrepreneurs.

"The Big Beautiful Bill — absolutely amazing," Harrison said. "God bless you for letting me get 100% depreciation. It really helps out."

Harrison appeared to be referring to 100% bonus depreciation, a tax provision that allows businesses to immediately deduct the full cost of certain qualifying investments — a potentially meaningful benefit for small-business owners buying equipment, upgrading operations or expanding.

He also took a swipe at former President Joe Biden.

"The last guy in office, all we heard was that we were the evil people, we were the bad people … we don't pay our fair share, whatever that's supposed to be. And he made it tough," he said.

Harrison ended his remarks with his strongest praise for Trump yet.

"I'm a history buff, and I know a lot about this White House thing and everything — literally, he's going to go down as maybe the best president ever," Harrison said. "I love this guy."

The moment fit neatly into the White House's broader message at the summit: that Trump's tax cuts, deregulation push and incentives for business investment are helping fuel what the administration has framed as an American comeback. On the flip side, some of these provisions — like the new deductions on Social Security benefits — could have negative long term effects. For example, in the case of Social Security, the One Big Beautiful Bill Act has accelerated the mult-decade collapse of a key trust by one year to 2032, which would result in a 24% cut to benefits for all recipients (2).

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So, for everyday Americans, the bigger question is how to participate if that comeback continues — without betting everything on one politician, one sector or one market trend.

And given the changes to core social programs, it could be important to translate today's tax cuts into tomorrow's wealth.

Bet on America's strength

If you believe the U.S. economy is entering a strong growth phase, one of the simplest ways to participate is through the stock market.

Trump himself has pointed to the market as a powerful engine of wealth creation, recently saying, "the only thing that's really going up big? It's called the stock market and your 401(k)s (3)."

The numbers are impressive. The benchmark S&P 500 returned about 16% in 2025 and is up roughly 71% over the past five years.

Those gains have flowed through to retirement accounts. According to Fidelity, the average 401(k) balance climbed 11% from a year ago to $146,400 in Q4 of 2025 (4).

Still, not all stocks are the same. With markets near record highs, some experts are warning about froth — and the risk of chasing momentum without doing the homework.

For investors interested in individual stocks, research tools like Moby can come in handy. Their team of former hedge fund analysts does the heavy lifting — breaking down the market, flagging quality stocks and making the research easy to digest.

In fact, across nearly 400 stock picks over the past four years, Moby's recommendations have beaten the S&P 500 by almost 12% on average. Their research keeps you up-to-the-minute on market shifts and takes the guesswork out of choosing investments.

Plus, their reports are easy to understand for beginners, so you can become a smarter investor in just five minutes.

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Build wealth through real estate

Beyond stocks, real estate has long been another cornerstone of American prosperity — an area Trump himself knows well.

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Before politics, Trump made his fortune in real estate — and the asset class remains a powerful tool for building and preserving wealth, especially during inflationary times. That's because property values and rental income tend to rise along with the cost of living.

Unlike some other investments, real estate doesn't need a roaring stock market to deliver returns. Even during downturns, high-quality properties can generate rental income — offering a dependable stream of passive cash flow.

As Trump told Steve Forbes back in 2011, "I just notice that when you have that right piece of property, whatever it might be, including location, it tends to work well in good times and in bad times (5)."

Today, you don't need to buy a property outright to invest in real estate. Crowdfunding platforms like mogul offer an easier way to get exposure to this income-generating asset class.

As a real estate investment platform offering fractional ownership in blue-chip rental properties, mogul gives investors monthly rental income, real-time appreciation and tax benefits — without the need for a hefty down payment or 3 a.m. tenant calls.

Founded by former Goldman Sachs real estate investors, the team hand-picks the top 1% of single-family rental homes nationwide for you. In other words, you gain access to institutional-quality offerings for a fraction of the usual cost and without too much hassle.

Each property undergoes a rigorous vetting process, requiring a minimum 12% return even in downside scenarios. Across the board, the platform features an average annual IRR of 18.8%. Offerings often sell out in under three hours, with investments typically ranging between $15,000 and $40,000 per property.

Sign up for an account and browse available properties here to start investing today.

Protect your wealth with a time-tested safe haven

Harrison's praise for Trump's economic agenda doesn't mean investors should ignore today's risks — from inflation to rising debt to market volatility.

And Harrison himself has previously pointed to one asset that often shines in uncertain times, and has come across his counter more times than you can count: gold.

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Last year, when gold was trading at around $3,200 an ounce, he told Fox Business that the precious metal had gone "absolutely nuts," adding that his suppliers were limiting how much gold they would sell because they "can't get any in."

He believed there was a clear reason behind that.

"Remember, we live in a world where we're printing money like confetti, and it's getting a lot of people concerned," he said. "The government's number one line item now is interest on the debt — it's $36 trillion. I mean, you're never going to be able to pay that off. So the only way to pay down the debt is either inflate the money supply or monetize the debt, which causes inflation anyway."

That number has only climbed higher: the U.S. national debt is now roughly $38.9 trillion (6). And if Congress approves the administration's request for an additional $1.5 trillion in military spending, the U.S. will easily breach the $40 trillion threshold (7).

Whatever Congress decides, gold can't be printed out of thin air like fiat money. It's also widely viewed as a safe-haven asset because it isn't tied to any one country, currency or economy. And in times of economic turmoil or geopolitical uncertainty, investors often flock to it — driving prices higher.

One way to invest in gold that also provides significant tax advantages is to open a gold IRA with the help of Priority Gold.

Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, thereby combining the tax advantages of an IRA with the protective benefits of investing in gold, making it an option for those looking to help shield their retirement funds against economic uncertainties.

When you make a qualifying purchase with Priority Gold, you can receive up to $10,000 in precious metals for free. If you're unsure about whether gold is right for you and your portfolio, you can also download a free information guide to get a clearer picture before making a decision.

Article Sources

We rely only on vetted sources and credible third-party reporting. For details, see our ethics and guidelines.

YouTube (1),(3),(5); Committee for a Responsible Federal Budget (2); Fidelity (4); U.S. Department of the Treasury (6); U.S. Department of Defense (7)

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Jing Pan Investing Reporter

Jing is an investment reporter for Moneywise. He is an avid advocate of investing for passive income. Despite the ups and downs he’s been through with the markets, Jing believes that you can generate a steadily increasing income stream by investing in high quality companies.

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