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The smartest money will be riding the deregulation wave that's about to lift all boats.Last Friday, while investors focused on earnings reports and Federal Reserve tea leaves, the U.S. Supreme Court quietly handed your portfolio a gift, wrapped in constitutional law.Here's what happened: For decades, any federal judge anywhere in the U.S. could block a president's policies nationwide. For example, a judge in San Francisco could halt oil drilling from Alaska to Texas. A judge in Amarillo could freeze climate rules from Manhattan to Malibu. This broad judicial veto power, called a \"nationwide injunction\"  or \"universal injunction,\" died a 6-3 death on Friday.For investors, this changes everything. Without federal judges blocking them, companies can be free from regulations and other restrictions. 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This information is for informational and educational purposes only and is not a substitute for professional financial advice. Always seek the guidance of a qualified financial advisor for any questions regarding your personal financial situation. If you'd like to submit your question for feedback, you can do so here.Spend a little time on Reddit and, among other things, you'll be able to peek into other people's financial lives, learning a little or a lot along the way. For example, I recently ran across a 29-year-old asking for financial advice -- and getting a lot of it.Here's a look at their question, along with my answer to it. 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