Why Smart Investors Sold Some U.S. Stocks This Year

We pulled our rental car into my mother-in-law’s driveway.

It was 11:30pm. I still remember the lights casting their beams across the neighbor’s grass.

The sign on the edge of the lawn read, “Trump, Pence: Make America Great Again!”

Two weeks later, Trump shocked the world when he won the presidential election. U.S. stocks soon began the “Trump market rally.”

From the date of the election (November 8, 2016) to June 6th, 2017, the S&P 500 gained 15.62 percent. 

Image by Pixabay

Read the rest of the article at AssetBuilder.com AssetBuilder.com

Andrew Hallam

Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (Wiley 2011) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use.

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