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I'm not really talking about the economy overall. I think people have a tendency to vote a particular way when they see themselves as having more money which is why politicians should do their best to personalize the message instead of talking about things in general. Not having stocks myself, although my government savings plan is tied to the stock market, I wondered if, as an individual, you saw financial gains for yourself as a stockholder, it would sway you to vote for Trump as maybe it would for other people who saw lower utility bills, bigger tax refunds, gas costs go down, more hours for work/higher pay, cheaper insurance bills, etc..
If you are asking in the abstract, anything goes as to why different people will vote the way they do...
If you are interested in voting according to what suits you in these regards, you have to understand why your stock investments are rising, well beyond who is POTUS. Same with why your utility bills are lower, why the bigger tax refund, etc.
Then, you not only need to understand the causes across the board, but also the trade-offs or ramifications. In the case of the tax refunds, for example. Everyone is happier if they get bigger tax refunds (and/or pay less taxes), good for our personal budget but what of the national budget? What of whatever services can no longer be financed due to less taxes collected; with the military, education, health care, social services?
I'm not really talking about the economy overall. I think people have a tendency to vote a particular way when they see themselves as having more money which is why politicians should do their best to personalize the message instead of talking about things in general. Not having stocks myself, although my government savings plan is tied to the stock market, I wondered if, as an individual, you saw financial gains for yourself as a stockholder, it would sway you to vote for Trump as maybe it would for other people who saw lower utility bills, bigger tax refunds, gas costs go down, more hours for work/higher pay, cheaper insurance bills, etc..
Just wanted to note that if you have a government pension plan (I also have one) that you should pay more attention to what they are doing with it. That money is invested in the stock market and oftentimes, like a 401k, they allow you to choose which funds you invest in. Also, like a 401k, they will steer you into a plan that makes them money off of you via fees. You should review the funds they offer so that you can choose the ones that have the least amount of fees, if applicable and will give you the most revenue.
If you are asking in the abstract, anything goes as to why different people will vote the way they do...
If you are interested in voting according to what suits you in these regards, you have to understand why your stock investments are rising, well beyond who is POTUS. Same with why your utility bills are lower, why the bigger tax refund, etc.
Then, you not only need to understand the causes across the board, but also the trade-offs or ramifications. In the case of the tax refunds, for example. Everyone is happier if they get bigger tax refunds (and/or pay less taxes), good for our personal budget but what of the national budget? What of whatever services can no longer be financed due to less taxes collected; with the military, education, health care, social services?
Don't you think?
I also agree with this.
I didn't give Obama all the credit for my gains in my accounts during his administration. He deserves a bit of credit but not much IMO. Markets always rise and fall no matter who is president and the gains made during the Obama administration were, IMO naturally going to occur due to the horrible status of the markets under GW Bush and even the first 2-3 years of Obama's term - they had no where to go but up.
So, how are you doing with your stocks and would it make you consider Trump in 2020 if you are doing well?
If I used my stock gains to elect a POTUS I would have made Obama POTUS for life. The stock market almost tripled from it's lows.....and, at minimum, doubled.
My stocks are international.....most companies do a minority of their business in the USA.
Let's put it this way. Coal, Oil, Gas and related stocks are doing horribly....I'm talking down 50% or more. Those who invested in energy are pretty much sunk.
On the other hand, stocks which represent technology (mostly invented by - and located in - blue states) are doing well as the Rest of the World uses their products.
It's depressing to think that Americans are that selfish as to use a gain in the stock market to pick their POTUS. If this was true, we'd never have seen GW Bush as the market went up big time during the Clinton years.
I'm not really talking about the economy overall. I think people have a tendency to vote a particular way when they see themselves as having more money which is why politicians should do their best to personalize the message instead of talking about things in general. Not having stocks myself, although my government savings plan is tied to the stock market, I wondered if, as an individual, you saw financial gains for yourself as a stockholder, it would sway you to vote for Trump as maybe it would for other people who saw lower utility bills, bigger tax refunds, gas costs go down, more hours for work/higher pay, cheaper insurance bills, etc..
We have a pretty high income, so based on what we've heard so far, we would save a lot in taxes if Trump had his way. We still wouldn't vote for him.
Let's put it this way. Coal, Oil, Gas and related stocks are doing horribly....I'm talking down 50% or more. Those who invested in energy are pretty much sunk.
Depends on which stocks and over what period of time, but true the energy sector has not done as well as some others over the last 5 years. Some energy stocks, however, not so bad since they bottomed in 2015. Not too bad at all...
Trump has had the job 6 months. So you have to compare with Obama's first 6 months. And Obama had a terrible first 6 months.
So you have to ask yourself: If Obama was so dang hot, why has Trump beat his numbers so handily?
You have really GOT to be kidding! Apples to apples? That what you think you are doing?!?
Obama starts with an economy in free fall. Trump starts with an economy on the mend.
There's the answer to your question Listener! Are you hearing me?
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