Whenever I stop and ponder the 2016 presidential election, I think to myself that it represents nearly everything that’s wrong with the culture, and everything that’s wrong with government.
After all, how do you explain the two candidates with the highest unfavorable ratings ever vying for the position of most powerful human on earth?
For a lover of liberty, free markets, small government and Constitutional fealty, the thought of either of these two major-party, big-government candidates wielding their powerful swords in pursuit of their respective ends has been indeed disheartening.
The reason why is because neither Donald Trump nor Hillary Clinton view the world through the lens of liberty.
Both view big government as a tool of control, and not as a dangerous, albeit necessary, leviathan that needs to be tamed. Sadly, all I’ve heard from either candidate is how the government can be used to “fix” all of society’s perceived ills … ills that were created in large part in the first place by bad government overreach.
Now, as much as you might sense my despair over this most unusual Hobson’s choice we faced as voters, there is now one thing that we can say with certainty: Trump will be living in the White House come January.
That’s a reality that must be dissected, as it will have a material effect on the culture, the economy, the financial markets and, most importantly, our investment choices.
And I always like to look at things from the uncommon wisdom angle.
I think doing so provides a bit of an edge when thinking about how to integrate disparate concepts, and how to put your money to work despite the angst or the exuberance of the horde.
In this case, I think the unconventional wisdom to note is that smart investors will always prevail.
I know that I will continue to select companies and sectors that have a proven track record of strong earnings growth, strong share price performance, and positive news flow. And, I will buy those companies when the technical patterns offer the most bullish entry points.
I will do this because my destiny, my financial health and my relationship with reality will not be deterred by the political elites.
In fact, I refuse to let any political realities negatively affect my ability to achieve in life, and I want every investor to feel the same way.
So, whether the candidate you support came out on top, or whether that candidate went down to defeat, the real winners this election (and every day) will be the people who refuse to let anything get in the way of their own achievement.
Choose to be that kind of person.
Jim Woods has covered the economy and stocks for more than two decades. His varied experience as a financial journalist, stockbroker and hedge fund analyst provides him with unique insights into the complex world of investing.
He is editor of Next Week’s Winners, and the co-author of several books, including “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse,” and “Billion Dollar Green: Profit from the Eco Revolution.”
Get the investment gains you need from a PROVEN, VERIFIED stock-picking professional. Jim Woods has a 75% success rate and a 17.5% average return per recommendation. Start Now!