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Has Trump helped your family make more money?

PlanetJosh

PlanetJosh

Golden Member
In the U.S.stock market. Have you or your family made more money from stocks since the election? I'm conflicted. Part of me didn't want Trump elected but now my family has benefited financially due to the markets rising. And a couple of the mutual funds are joint accounts with me and my dad named on them, so I personally have gained.

I know I've posted before the election that part of me wanted Trump elected so we could make fun of his antics for four years. But believe me as election night wore on I was really rooting for Michigan to pull through for Hillary. But it was not to be and the stock markets went down and I was bracing for my family to lose a third to half of its worth. Then a couple days later it all turned around in the other direction into this big stock rally.
 
The stocks did jump 10-ish percent right after the election. However, they flatlined soon after and have been mostly flat for the past 1.5 months. Too soon to tell.
 
too soon, but i am in the oil business.... so i imagine we will have less regulatory risk. though, making it easier to drill could drive prices down again, and who knows if we will actually consume more because of his policies?
I don't believe consumption is all that tied to policy as the private sector has been the biggest pusher for energy efficiency, and consumers are more energy focused than ever before. ex: GM wont give up on the bolt/volt because of trump.
 
My stock holdings have enjoyed a bump, though long term I expect the market will suffer under a Trump presidency because of his mercurial nature and rank incompetence. On the other hand, my wife (who makes, depending on her bonus, about as much as or slightly more than me) works for Best Buy, and if Trump imposes import tariffs on Chinese goods, our household income will likely suffer a catastrophic hit, because BB will likely go out of business and her stock options will become worthless.
 
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I won't be donating the stock market profits I made from the Trump rally to charity. My dad would freak out if I did. He's a conservative and I think I lean to the left.
 
Not sure about the stock market but the AUD/USD went from AUS/USD0.75 down to 0.69 when Trump was elected. It's risen back to 0.76 on his inauguration day. So long as he makes himself look like an ass and subsequently reduces the public's morale and trust in him, we gain!
 
PlanetJosh said:
I won't be donating the stock market profits I made from the Trump rally to charity. My dad would freak out if I did. He's a conservative and I think I lean to the left.
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Not sure if this a joke thread or not. Your profits? You've already sold your stocks? Two months is nothing.
 
Any unrealized gains I have recently aren't attributable to that guy, they're attributable to the expectations of other traders, so no, he hasn't made me any money. In fact, I have an FHA loan so he has cost me money.
 
I'm waiting this out because we are headed towards a recession. That's when you want in. When people are hurting. That's when you strike. The economy is cyclical. There are periods of productivity followed by a period of downturn. You want to be in a position financially to go all in when the economy goes to sh*t.

Look at the housing collapse of 2007-08. When many people were going bankrupt and losing their homes due to foreclosure that would had been the perfect time to buy those homes at a fraction of what it cost the owner. Same with the stock market. That's how the wealthy do it.
 
Obviously you've never seen what people do to homes that are getting foreclosed. Even though they can be bought for below market prices they require costly repairs before you can move in or flip one.
 
Mai72 said:
I'm waiting this out because we are headed towards a recession. That's when you want in. When people are hurting. That's when you strike. The economy is cyclical. There are periods of productivity followed by a period of downturn. You want to be in a position financially to go all in when the economy goes to sh*t.

Look at the housing collapse of 2007-08. When many people were going bankrupt and losing their homes due to foreclosure that would had been the perfect time to buy those homes at a fraction of what it cost the owner. Same with the stock market. That's how the wealthy do it.
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The wealthy give their money to Wall St. criminals to inflate bubbles, cash out, and then buy everything up again after the bubble pops and the firesale begins.
 
Londo_Jowo said:
Obviously you've never seen what people do to homes that are getting foreclosed. Even though they can be bought for below market prices they require costly repairs before you can move in or flip one.
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Foreclosures drove down prices on all homes. I've made a killing and never touched a foreclosure, just bought big in the downturn.
 
Not sure Trump is the giver of stock market gains. Although its unprovable, the market is likely to have jumped even if Hillary was elected. This is because the market as a whole hates uncertainty and with the election out of the way, uncertainty over the election would be done.
 
Well My retirement portfolio has had a fantastic 2.5 month run since the election. That is really to small of a sample to base much on however. Let me see what it looks like over time. Sustainable growth. How much of that growth will stay locked in for the long term is the tell. I've always felt the markets were muted under Obamas administration. Be interesting to see how this plays out under Trump.
 
NesuD said:
Well My retirement portfolio has had a fantastic 2.5 month run since the election. That is really to small of a sample to base much on however. Let me see what it looks like over time. Sustainable growth. How much of that growth will stay locked in for the long term is the tell. I've always felt the markets were muted under Obamas administration. Be interesting to see how this plays out under Trump.
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The S&P went up almost 180% in eight years under Obama, an annualized return of 12%. That's one of the best performances ever as far as presidents go. What sort of returns would make you think they weren't 'muted'?

http://www.macrotrends.net/2482/sp500-performance-by-president
 
fskimospy said:
The S&P went up almost 180% in eight years under Obama, an annualized return of 12%. That's one of the best performances ever as far as presidents go. What sort of returns would make you think they weren't 'muted'?

http://www.macrotrends.net/2482/sp500-performance-by-president
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S&P 500
2009 25.94%
2010 14.85%
2011 2.10%
2012 15.89%
2013 32.15%
2014 13.52%
2015 1.38%
2016 11.74%


I stand corrected. Not 180% but over an 8 year span better than we've seen since before the dot com bust. Guess I was fixating on the last 2 years. 2015 was certainly muted and 2016 was full of uncertainty. Actually mildly surprised it didn't end in negatives considering the pullbacks it experienced along the way. Strong finish and post Brexit recovery saved the year. Fortunately I did not rush to sell and even did a little bargain hunting during the pullbacks of the past year.



Like I said before 2.5 months is far to short a span to base any long term expectations on. There is a lot of enthusiasm in the markets right now and expectations are that business conditions will improve and the economy will respond with better annual growth than we've seen in recent years. If that growth doesn't materialize make sure you've locked in your gains because it could be another rollercoaster ride with that first drop being the biggest.


Ok We are looking at 2 different things. you are basing your number off the Index points. I look at Annual returns on Investments. Those are the numbers i have listed. I don't usually gauge growth from the pit of a recession either. That creates a deceptive picture with essentially false gains.
 
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http://www.forbes.com/sites/noahkir...illion-during-trumps-first-week/#4880786570ec

Donald Trump’s first week as president was nothing short of explosive, with millions of people expressing anger over new tax proposals, slated changes to healthcare coverage and a planned multibillion-dollar border wall. One group with little to complain about? American billionaires, who have profited hugely off of record-high stock prices during Trump’s first seven days in office.

Champion of the middle class indeed....
 
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