08-09-2016, 11:15 PM
Everyone has different goals and financial means/objectives which determine what's right for them. It's not one-size-fits-all, that's for sure.
Which congresspersons care that Donald Trump wouldn't put his own money into the stock market? I haven't heard that they're fretting over Trump's personal investment strategy. That's not why he's alienating his party's leaders and others, as far as I've seen. I'm interested in where that's coming from.
What I have heard for over nine months is Trump advising the public, via FOX Business and other media sources, not to invest in the stock market and not to invest their 401ks in equities. First, he said that was because a dooming recession was imminent and the market was in a 2% bubble. Well, the market has gone up 6% since. Then, he said it was because of suppressed interest rates and "scary scenarios ahead" unless the one person who can fix it is elected (Donald Trump, naturally). A crash would be beneficial to Trump's election chances as well, of course.
In any case, I would be surprised if many Americans are divesting or avoiding investment based on Trump's advice, but that's their choice. I think most people would listen to Warren Buffet's advice and their own advisors and instincts over Trump. But, I could be wrong about that and understand why the Fed Reserve doesn't actually appreciate such rhetoric from presidential candidates.
Here are some links, for reference:
http://money.cnn.com/2016/08/02/investin...ck-market/
http://www.forbes.com/sites/lucymueller/...79c09c30e3
http://www.businessinsider.com/donald-tr...ips-2016-1
Which congresspersons care that Donald Trump wouldn't put his own money into the stock market? I haven't heard that they're fretting over Trump's personal investment strategy. That's not why he's alienating his party's leaders and others, as far as I've seen. I'm interested in where that's coming from.
What I have heard for over nine months is Trump advising the public, via FOX Business and other media sources, not to invest in the stock market and not to invest their 401ks in equities. First, he said that was because a dooming recession was imminent and the market was in a 2% bubble. Well, the market has gone up 6% since. Then, he said it was because of suppressed interest rates and "scary scenarios ahead" unless the one person who can fix it is elected (Donald Trump, naturally). A crash would be beneficial to Trump's election chances as well, of course.
In any case, I would be surprised if many Americans are divesting or avoiding investment based on Trump's advice, but that's their choice. I think most people would listen to Warren Buffet's advice and their own advisors and instincts over Trump. But, I could be wrong about that and understand why the Fed Reserve doesn't actually appreciate such rhetoric from presidential candidates.
Here are some links, for reference:
http://money.cnn.com/2016/08/02/investin...ck-market/
http://www.forbes.com/sites/lucymueller/...79c09c30e3
http://www.businessinsider.com/donald-tr...ips-2016-1