Funny how the market works.
Back in 2016, when Donald Trump won the presidential election, markets initially plunged amid uncertainty.
Now, with Democrats winning and stocks dropping again, we are seeing a similar reaction.
The lesson? The stock market doesn’t care who becomes President.
US is very used to the 2 party system. Democratic Party is 198 years old and the Republican Party is 172 years old.
Total Number of Individual Presidents
• Republican Party: 19 distinct individuals have served as president.
• Democratic Party: 16 distinct individuals have served as president.
Funny to see how people think changing system cause the country to collapse. Both republican and democract are very experienced governing party.
Republican or Democrat, Trump or Biden — the market ultimately cares about corporate earnings, economic growth, interest rates, inflation and future expectations.
Politics may create short-term volatility, but fundamentals drive long-term returns.
Don’t let political headlines dictate your investment decisions. Sometimes, the biggest market opportunities come when everyone else is panicking.
Focus buying the companies that dropped the most but still earning tons of money. I always tell my friends I everyday hope Microsoft can drop to $0.00001 so I can own Microsoft and collect $226 Billion profit a year. My friend say that's impossible? if that's impossible means the only way for Microsoft is to go up?
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