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3 Ways To Start Investing for beginners
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“From the Trap to Wallstreet” From the Trap to Wallstreet is not only a brand but a movement dedicated to empowering and improving the financial state of Urban America. The foundation of this movement is to highlight the power of the black dollar by transitioning its use to make other races and nationalities wealthy to making it our most powerful tool in building wealth for ourselves and generations to follow.
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The Future of Investing under Donald Trump
🔍 The election results are in, and Donald Trump has been declared the next president. The S&P 500 and the overall stock market have soared to all-time highs with investor confidence at a peak. But the big question is: Will this rally continue, or are we headed for headwinds? Should you keep investing, or is it time to hold back? In this video, I’ll take you back to 2016, compare past trends, and share strategies for smart investing during a time of economic and political change.
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🌟 Key Insights:
💡 Historical Trends:
Looking back at the 2016 election, the market showed a sharp upward movement post-election, but the key was what followed. By early 2017, investors who stayed the course saw significant gains.
🏦 Tax Cuts and Economic Policy:
Trump’s potential plans to make the 2017 tax cuts permanent could impact personal and corporate taxes, bringing potential benefits but also possible economic headwinds due to increased deficits.
📈 Investment Strategy:
The importance of dollar-cost averaging and why waiting for the “perfect” time to invest could leave you on the sidelines, missing out on market growth.
📊 Schwab’s Study on Timing:
A Charles Schwab study revealed that even bad market timing outperforms not investing at all, emphasizing the importance of consistent investment.
#howtoinvest #trump #stocks
*Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.