For example, President Trump claims the stock market will crash if Biden is elected, but not if he himself is reelected. Absolutely nothing—if they’ve carefully crafted a strategy that’s designed to help them invest in the stock market in a way that allows them to not worry about stock market crashes. The fact is, nobody has successfully and consistently predicted how the stock market will perform in the short term, not even the so-called experts. If the stock market crashes, in theory, you could reduce the amount you spend on non-essentials, like travel, hobbies, and spoiling the grandkids. You won’t have to worry about stock market predictions or what the politicians are saying.
Source: Forbes September 07, 2020 19:18 UTC