The results are in. The presidential election is finally over. Can you believe it? It feels like we’ve been focused on this election for years with how much controversy and discussion there has been.
Whether you like it or not, Donald Trump is our new president. Now, it’s time to get back to our regular lives.
I’ve been hearing a lot of discussion about how Donald Trump will cause a lot of uncertainty in the market. Investors are worried because he’s unpredictable and they aren’t sure what he’s going to do. They fear that the market might crash, and they’re considering getting out of the market until everything is back to normal.
Should You Get Out of the Market?
Let me just say that I think that’s a terrible idea. With uncertainty comes opportunity. On election day, we saw the market dropping throughout the night as the votes were coming in (although the market has rallied significantly since then). This shows the concern of investors and how they often overreact to news in the world.
Whenever there is big news or a major change in the world, the market is going to react. This doesn’t just happen in the stock market, either. Real estate, commodities, bonds, currencies, and other sectors are all impacted as well. When these things happen, smart investors take advantage of it.
As Warren Buffett put it, “Be fearful when others are greedy and greedy when others are fearful.” Don’t always listen to what everyone else has to say. They’re often wrong. Benefit from these market swings by learning what caused them. The more you know, the better chance you have of determining whether or not the market overreacted. As I’ve discussed in a previous article, you can make money in any market.
The presidential election will have a big impact on our economy and the market. As new laws and propositions are passed and implemented, pay attention to what happens in the market. It might present a great opportunity.
Will Donald Trump be good for our country? No one really knows for sure. In the meantime, take advantage of these uncertain times and capitalize on these market changes.