Financial/Wealth advisors outlook for years ahead?

[hawkeyez]

Really?

What economic indicators do you foresee "opening up"? Please include the range of improvement you're expecting.

Deregulation and lower tax rates are generally good for large corporations. However, I believe Trump's tariffs and deportations will reignite inflation, which will force the feds to raise rates again.

There will be a major correction to the stock market at some point. Whether that's in 3 months or 3 years is the big question.

 

[QChawks]

diversify diversify diversify

no need to pay someone to tell you what to do

I have money invested all over the place (401k's, CD's, Stocks, etc.)

 

[Bulldogs1974]

maybe someone can share a list of how the economy has done under republicans/democrat presidents.
Is there one party the country fares better under than the other?

 

[Rifler]

Implied supposition is immediately flawed by the assumption that any president is actually responsible for the economy unfolding during their term in office...

 

[hawkeyetraveler]

Implied supposition is immediately flawed by the assumption that any president is actually responsible for the economy unfolding during their term in office...

And so it starts. You switched from offense to defense at record speed.

 

[SI_NYC]

I use Vanguard. Low fees. Diversify and invest for the long term and you'll be golden.

CSB.

That's the way to do it.

 

[Rifler]

And so it starts. You switched from offense to defense at record speed.

No, I've always believed that the foundation of the US economy is primarily driven by decisions that were made 5-10 years in the mirror...

 

[Hawgk]

That's the way to do it.

Ever used their robo advisor? My friend has been using it and really likes it.

 

[Kelsers]

I talked to “my guy” yesterday and my little pile is doing pretty well at this point.
He happens to be my brother and he’s been a very successful FA for decades. He sees good things for what we invested in and the next four years to be good for the market. That’s as specific as I’ll get.
He’s not buying into the terrible tariff stuff and like many sees it as a negotiation tactic.

Of course he'd have that view, he's probably a Trumpster.

 

[Huey Grey]

When have wealth managers ever told clients to expect recessions and to stop spending?

 

[EvilMonkeyInTheCloset]

Not meant as a (another) political thread but wanted to see what you are hearing from your $$$ people.

My wealth manager is reporting his top brass and industry peers are prepping for a growth economy thinking the next four years will produce solid/above average yields.

The tariff talk is not scaring them yet. They don’t see it as a binary decision (no tariffs vs tariffs on everything and 10% inflation). Instead, predicting some modest tariffs and potentially other investment in China and emerging markets to offset (i.e. no $15K Chinese electric cars and that washer your wife wants may cost 5% more but the transformers the nation needs may come with a discount and help everything else).

Bottom line - pro’s seem to think good times ahead and no need to panic on tariffs/inflation. Of course, no one has a crystal ball and strategy can change at the drop of a hat, but you know that.

So, what are your professionals advising?

They're advising that you should be kicking yourself if you didn't put all the money into bitcoin when it was hovering around $70ish-K prior to the election, and has since skyrocketed to well over $90,000.............