Early this morning, Donald J. Trump defied polls and predications, becoming the first President elect of the United States with no political or military experience. With both the House and the Senate remaining under Republican control, it is very likely that Trump will be able to implement his tax and economic policy, ultimately affecting our wallets and our stock market.
The idea of planning for retirement is easy - you just tuck some money away into a savings account every week or month and when you retire you'll be all set, right? If only it were that easy! It's true that planning for retirement does involve saving up over as long a period as possible, but that isn't all there is to it. Here are other factors that you need to consider if you want to have the best retirement plan possible.
Many individuals sit back and look wistfully at the 1st stage of the Gold Bull Market they missed. It is interesting that people focus on what they lost but not what they might miss. Since Gold topped out in 2011, many sectors took off; one could have deployed a portion of one's funds in any of these sectors and walked away with healthy gains.
From the Tulip bubble to the financial meltdown of 2008, the theme has been the same. The masses never learn, they always cry foul on the way down but gurgle with joy on the way up. In other words, when they are making money, they are okay with the risk, but when they start to lose, they scream bloody murder.
We would like to state that this article is not about politics but about the effect these two polarising individuals will have on the market. Before the debate, the outlook was somewhat favourable towards the Donald and immediately the markets reacted and started trending lower. Regardless of what you think of Trump, he is having the same effect as Brexit had on the markets but in smaller doses.
This article isn't about making the buyer or seller on the other side of a negotiation feel good just for the sake of feeling good. It is about some strategies and pitfalls that can turn a negotiation in the wrong direction just when you think you're winning. It's that "winning" thing that can cause a problem, as there must be a "loser" for balance.