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Stock market jitters after US election. Time to buy

13325 Views 52 Replies 15 Participants Last post by  mordko
Regardless of who gets elected in November, the markets will drop and then see a correction. I'm holding on to cash in preparation to pick up some more of my favorites.:biggrin-new:
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Not to mention that Trump is running his businesses with such amazing regard for the people that he bankrupted $1 billion worth of companies in 1995 and hasn't paid any taxes since.
Everyone tries to pay as little tax as possible, stay with in the laws everything good. High taxes for the productive to enable those that do not want to support themselves is not a good path.
I work in a US office. One of my non-American coworkers came to me today and asked: hey what are your thoughts on taking some money out of the US before the election, in case Trump gets elected and the dollar goes haywire?

And yes I'm thinking I may remove some cash from the country just because of the uncertainty. How many others foreigners are thinking this?
The US dollar seems to go in cycles every 7 or so years anyway and we are probably getting near its next down cycle.
I don't think the president is going to change the price vibration of the dollar. Though some might make a case with Hillary wanting to raise minimum wage is bad for the dollar. Hillary is in bed with the bankers. Outlaw cash throw in negative interest rates then hang the bankers.
Everyone tries to pay as little tax as possible, stay with in the laws everything good. High taxes for the productive to enable those that do not want to support themselves is not a good path.
Not sure incurring a billion dollar loss in a single year is a sign of productivity, sound management or entrepreneurship, but if that's how you interpret it, so be it. As far as staying within the law, Trump has major problems, be it Cuban investment, use of illegal foreign labour or misuse of his foundation for personal gain.
Not sure incurring a billion dollar loss in a single year is a sign of productivity, sound management or entrepreneurship, but if that's how you interpret it, so be it. As far as staying within the law, Trump has major problems, be it Cuban investment, use of illegal foreign labour or misuse of his foundation for personal gain.
He's also in bed with the Russians. I actually recall being in New York about a decade ago, and the topic of Trump came up. People there told me that he was broke, and that if it wasn't for some Russian billionaires he was friends with, he'd be on the street. This was long before he decided to run.
Trump is exactly as bad as he seems. He has a stable of handlers, yet he just flies off the handle at the slightest provocation. That shows you that he's a total *rhymes with glass blow*.

I also find it ironic that you, and many equate Trump to a non-elite. This guy even eats KFC with a knife and fork.
I never said he was a non elite. I did say he is calling it BS, because politics in the US is F**KED.
Trump's $1 billion loss isn't just a sign of bad management. It was also HALF of his net worth at the time.

The guy lost 50% of his net worth in a single year. In the middle of a strong bull market. The tax loss is legal, but he sucks at business!
Thanks MrMatt.

I must admit I don't understand Trudeau's response at all, he did seem smug like he thought he said something witty, maybe I'm missing something.

Funny thing about Rebel Media though, the lady said it's guaranteed the mainstream media won't show this, but that's a bald-faced lie.

Time stamp on her Rebel Media youtube report was Sept 28.
Time stamp on the CBC report of exactly the same thing was one week earlier, Sept 22.
I never said he was a non elite. I did say he is calling it BS, because politics in the US is F**KED.
I agree it's FU'd, it's just plain nuts the way things work down there.
Let's not talk politics on this thread since there's a thread for that elsewhere. Only money and markets on this one.

I am holding on to cash now because a good buying opportunity is coming:

Got this from USA Today http://www.usatoday.com/story/money...clinton-money-taxes-social-security/91188204/

Neither candidate has paid much attention to the stock market, though prices certainly will be affected by the election. Volatility likely will increase as the vote nears, especially if Trump scores a victory.

As arguably the most outspoken and off-the-cuff speaker of any presidential candidate in modern times, Trump is a wild card. Markets don't like surprises, and Trump's unpredictability could raise anxiety among investors. That, combined with the Republican's apparent willingness to spark trade wars, could exacerbate uncertainty in the financial markets should he win.
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Mexico ETF EWW is an interesting bet for those who gamble. Every time Trump opens his mouth there has been a pullback, it will surely jump when he loses.
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