Before you decide to move to Canada or sell all your stocks or bury your money in the backyard, take a deep breath. There are two more months to go before our new president takes office. Laws haven't changed yet, policies have not been repealed, and we still have the holidays to go through.
Markets hate uncertainty, so don't be surprised if the next administration has some familiar names or faces from previous presidential teams. After all, the president's assets go into a blind trust during his or her administrative years, so every effort will be made to make sure how ever those assets are invested they will grow over those years, which is hopefully how our 401(K) plans will be growing too.
For those of you who may be very disappointed in how the election turned out, this is your cue to become more involved in the political system. Politics is local, goes the saying, so maybe working with local city council representatives, state representatives, and even working on educating your neighbors on issues that matter to you may make a difference the next time around. If this has clarified for you issues that matter, then get involved with organizations that work to overcome prejudice, bigotry, sexual assault and harrassment, bullying and disrespect of the disabled, as well.
We all need to open our minds and our hearts to make this nation the best it can be. After all, democracy is not easy, it takes hard work, involvement, and respect for one another.
Markets hate uncertainty, so don't be surprised if the next administration has some familiar names or faces from previous presidential teams. After all, the president's assets go into a blind trust during his or her administrative years, so every effort will be made to make sure how ever those assets are invested they will grow over those years, which is hopefully how our 401(K) plans will be growing too.
For those of you who may be very disappointed in how the election turned out, this is your cue to become more involved in the political system. Politics is local, goes the saying, so maybe working with local city council representatives, state representatives, and even working on educating your neighbors on issues that matter to you may make a difference the next time around. If this has clarified for you issues that matter, then get involved with organizations that work to overcome prejudice, bigotry, sexual assault and harrassment, bullying and disrespect of the disabled, as well.
We all need to open our minds and our hearts to make this nation the best it can be. After all, democracy is not easy, it takes hard work, involvement, and respect for one another.
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