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The biggest drop in history the day after election happened the day after Obama was elected in 2008 and the biggest jump in history was the day after Trump was elected...notice, Obama's election caused the makrket to crash in Bush's Presidency and Trump's election caused the market to jump during Obama's Presidency.
The stock market dropped 777 points on September 29, 2008, it was free fall before and after that date. It had nothing to do with the election, Reagan or Roosevelt could have been elected and it would not matter. I see your partisanship obscures the facts, but look at it this way, we had the largest 8 year run up in history under Obama.
I'm just curious if you do, how your stocks have been doing since Trump has been in office. I see all of these up/down numbers on TV on the business channel but I'd like to hear some individuals say how they are doing personally with their stocks and if they are doing well, whether they would vote for Trump in 2020 because of a personal reason, like that. (Not interested in you telling us your personal fortune numbers, just whether you are doing better, a lot better, about the same, not so good.)
I don't see it any differently than your personal wealth improving because your taxes went down, your insurance is cheaper, your utility bills went down or you are making more money employment-wise (getting a job, getting your hours increased, getting a bigger paycheck) and those are all reasons people use to vote for someone.
So, how are you doing with your stocks and would it make you consider Trump in 2020 if you are doing well?
My stocks have gone up 12% since Trump took office. Some a little more and some a little less, but over all I'm doing well.
I don't credit Trump for my portfolio growth. I didn't credit Obama either. Neither gave me advice or helped me to manage my accounts. Motley Fool and Forbes were a help tho.
I'm just curious if you do, how your stocks have been doing since Trump has been in office. I see all of these up/down numbers on TV on the business channel but I'd like to hear some individuals say how they are doing personally with their stocks and if they are doing well, whether they would vote for Trump in 2020 because of a personal reason, like that. (Not interested in you telling us your personal fortune numbers, just whether you are doing better, a lot better, about the same, not so good.)
I don't see it any differently than your personal wealth improving because your taxes went down, your insurance is cheaper, your utility bills went down or you are making more money employment-wise (getting a job, getting your hours increased, getting a bigger paycheck) and those are all reasons people use to vote for someone.
So, how are you doing with your stocks and would it make you consider Trump in 2020 if you are doing well?
I have been invested in the stock market for a very long time now...
Anyone who has been invested in stocks for the long-term knows that it is not wise to invest on a short-term basis, since it is common knowledge that you cannot "time the market," and there are simply too many reasons the market will go up or down in the short term that are unpredictable. Over the long-term, however, being invested in stocks has proven a good investment strategy. Being divested as well; in bonds and real estate is important as well.
As for the stock market and Trump, no doubt it is very easy for those who don't know better to make the connection that Trump is the reason for the recent run, but one need only look at the trajectory of the DJIA since late 2012, and anyone can see that trend line has been for the most part true since then until now.
I have been invested in the stock market for a very long time now...
Anyone who has been invested in stocks for the long-term knows that it is not wise to invest on a short-term basis, since it is common knowledge that you cannot "time the market," and there are simply too many reasons the market will go up or down in the short term that are unpredictable. Over the long-term, however, being invested in stocks has proven a good investment strategy. Being divested as well; in bonds and real estate is important as well.
As for the stock market and Trump, no doubt it is very easy for those who don't know better to make the connection that Trump is the reason for the recent run, but one need only look at the trajectory of the DJIA since late 2012, and anyone can see that trend line has been for the most part true since then until now.
Exactly, but Trumpers will argue that the market has only gone up because of Trump. If you only got in the market since Trump you missed out on a lot of money under Obama.
1 Aug. and the SM is making new highs and bumping its head on 2200.
The worlds going to hell according to the never Trumpers.
When Trump maintains a bull market for 7 and a half years running we will maybe give Trump some kind of credit.
Six months in and Trump is doing okay. But folks seem to forget for that 75 months there was job growth -- 7 and a half years of a bull market BEFORE Trump even got into office.
Trump has yet to beat any Obama record -- accept for the approval rating -- or should I say 'disapproval' rating.
Saying stocks is a broad brush. Its like saying do you have a job. Could be you work at burger king or you could be a surgeon. Many people I know are traders. They are out of the market each night or within a few days at most before going back in. I am a long term investor. I only buy stocks that have many many decades of an increasing dividend. KO, CVX,T. ect. In the short term you will always most likely lose money on paper. But after a few years if you reinvest the dividends your going to be up.
The business leaders have wasted a lot of money on education and must be stupid to be so confident as revenue increases along with profits. Why don't they listen when the smart homeless people tell them the truth ?
Although many of us are creatures of habit, a diverse portfolio is a stable one. Even if you have an investment area that you are fond of, expanding your profile is the way to spread the risk around.
I didn't vote for Trump and won't be in the future. (Also didn't vote for Hillary)
Clearly investors felt that after the election that there would be changes coming that benefit businesses.
As a result, stocks are way up.
I'm up 20% in my 401k where I just buy and hold broadly so nothing changed there in terms of strategy.
I did move a sizeable chunk of money into vxf before the election and it's gone from 86ish to 103ish.
(I didn't think Trump would win so blind luck there, just reallocating stuff and the timing worked out.)
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