Quote:
Originally Posted by ANAL PASTE
Im talking about blue chip/bio med type of funds. So far I'm rocking with Fidelity technology and Vanguard blue chip. 60% return. If Biden gets elected its going to take a temporary dump for sure. What would you do?
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It will probably take a big shit. Biden has already said he's raising taxes across the board and we all know he's in china's back pocket. Part of the fight with china was bringing back a lot of jobs here and it was working. Just watch
this. Like he's said "china is going to have to put jobs
here."
What is Joe Biden's plan besides bringing back Obama's draconian epa restrictions that trump lifted which was a boon to manufacturing and industry here.
Joe Biden's plan is literally doing nothing for capitalism but hurting it.
And if you've been in for a long time you're in a position like I am. I want to sell but I will trigger a massive tax bill. But I guess if you're in a mutual fund you won't take that much of a hit if the markets drops a bit which i'm sure it will.
I hold off tho..I feel somewhat confident Trump can win.
And if he does win it will be a very prosperous time for America. Hate him all you want but you can't deny that economy before the pandemic. Shit, and still the market is up like 50%! Even though a global pandemic AND a trade war.