I sincerely hope if you’re a poor person, regardless of color, you did some hedging of sorts with your Donald Trump 401k three or four weeks ago. I hope you’re not one of these stupid blind lemming types who actually believed he has any financial acumen whatsoever. He doesn’t. He inherited $414 million from his daddy Fred Trump. If not for the inheritance—none of us would have ever heard of this prick with the unusually small hands and you know what.
And not that I’m a psychologist or anything, but I’ve always thought it’s that very tiny you know what which causes Trump to lie and brag endlessly. In reality…he’s still just a spoiled insecure rich kid who never grew up.
Now…the markets may jump back tomorrow with the Mitch McConnell plan getting passed today. But I hope a lesson has been learned. Donald Trump has no idea what he’s doing. The markets have been juiced with extra liquidity from the tax cuts and from companies with high market caps who have been involved in stock buy back plans.
Donald Trump was just a willing stooge for much smarter people who’ve made a killing using him.
I hope you covered your goals and made some money to put away given what the unemployment numbers are going to be down the road.
Keep your heads up.
Be smart.