Adapt | Wisdom, Wealth, and Wellness
Adapt | Wisdom, Wealth, and Wellness
What is the response of how people feel post-election?
You know, there is a very good visual chart of Republicans and Democrats. When a Democrat gets elected, people’s optimism about the economy is through the roof, and Republicans are on the floor, thinking it’s the worst time ever. And vice versa. Now that Trump has been elected, the Republicans are super optimistic and Democrats are very pessimistic about the four years ahead.
That wavering is how people feel. Is it a reality? No.
History is neutral, whether a Republican or Democrat is in office and we’ve been fortunate in America to have checks and balances that lead to a vibrant, adaptable society, and humans are able to constantly create, recreate, innovate, and adapt to the circumstances.
Will there be disruption? Unquestionably.
So, the initial response has been very boomy for financial assets, but often times the first response isn’t necessarily what plays out over time. So, let’s be stoic or indifferent and realize that capitalism as a whole is intent on creating inflation to move things forward, and to progress society and community in a positive way.
OK, so simple planning idea:
Have enough liquidity, like Buffett does, to be able to relax and be calm when other people are being greedy and perhaps be a little greedy when others are fearful.
Think about that on your path to Wisdom, Wealth, and Wellness.
Have a great day.
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Disclosures
This blog post is not intended to be, nor should it be construed or used as, an offer to sell, or a solicitation or offer to buy any securities or interests in any strategy offered by Satovsky Asset Management, LLC (“SAM”). SAM is a registered investment advisor with the Securities and Exchange Commission – for more information see www.adviserinfo.sec.gov. Please remember that different types of investments involve varying degrees of risk, and that past performance is not indicative of future results. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the strategies recommended or undertaken by SAM) will be profitable. Market index information shown herein is included to show relative market performance for the periods indicated and not as standards of comparison. The market volatility, liquidity and other characteristics of SAM’s portfolio composition are materially different from the securities listed on public market indices. Market index information was compiled from sources that SAM believes to be reliable. No representation of guarantee is made hereby with respect of the accuracy or completeness or such data. Opinions are as of date of video and are subject to change. A copy of SAM’s current written disclosure statement discussing our advisory services and fees continues to remain available for your review upon request. SAM undertakes no duty to update information presented herein.
Further Reading
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