Quote:
Originally Posted by OneHungLo
Yeah but what if that incoming president has crippling and stifling economic policies that will hurt the economy? Growth drives the stock market. Obviously I'm a Trump supporter but i'm only loyal to the dollar. I know Biden wants to raise all taxes across the board. He wants to bring back stifling epa policies and will not fight china, continue letting jobs leave. Considering we're still in the midst of a pandemic I think Biden's plans will hurt the economy.
|
What somebody says they want to do and what they get done are completely different things, particularly when it comes to a politician. And regardless of what a potential Biden could do, he can't make a good company bad. That good company will find a way. That is the American way, right?
If/when the market crashes, buy your good company. That's how mega investors have been doing it for 100+ years.