Investing in the Trump Years

As I drove to work this morning, a huge pickup truck with all sorts of loud, tough-looking accessories drove up behind me fast, and tail-gated. I felt threatened. I moved over. He passed and I moved back to the lane I needed to be in to make it to my destination. As it turns out, he works in the same building, and we arrived at the same time.

As I drove to work this morning, a huge pickup truck with all sorts of loud, tough-looking accessories drove up behind me fast, and tail-gated. I felt threatened. I moved over. He passed and I moved back to the lane I needed to be in to make it to my destination. As it turns out, he works in the same building, and we arrived at the same time.

Recently, President Trump met with the President of Japan. The soft-spoken Prime Minister Abe launched a "charm offensive" on our President, or so says the press. The meeting went well, at least by all accounts that I've read. In the Art of War, the author says "Appear weak when you are strong, and strong when you are weak."

In years past, I don't know if I would have moved over as readily for the aggressive trucker. I’ve learned that attempting to change a stranger's behavior is not a healthy choice. It is, in some small way, a charm offensive to allow him to push me off the road and meet him in the lobby with "Good morning!"

Successful investing requires a trait I call "ignore-abe-ility." Whether we are angry at the people on the left or the right, the press asking the questions or the administration answering them, we will undoubtedly have many opportunities to act irrationally with our money. We will have countless reasons to doubt the wisdom of the markets, and our trusted guide. 

Meanwhile, the wise men and women who manage the best companies in the United States and abroad will continue to make good decisions, with patience and humility. How can I be so confident of this? Because, as it has been, so it will be again.

Give thought to the idea that you might be able to be like the President of Japan, and exercise a little charm offensive of your own. When your neighbors or friends complain, dig deep in your own reservoir of confidence. Perhaps the media drama is as fleeting as a knobby-tired truck, careening towards your rear bumper. You have a choice. You can move out of the way. Your destination awaits!

And, by the way, if January is any indication of the year ahead—and I am not, dear friend, making a forecast—I believe we may look forward to prosperity in the investments we've made in some of the best companies in the USA and the world. 

Important Tax Reminders
  1. 1099s for retirement accounts are mailed by Jan 31st
  2. 1099s for non-qualified accounts are mailed by February 15th
  3. Corrections on 1099s are mailed by mid-March

We recommend that you wait to file until the end of March since 1099s are frequently corrected. Most tax forms are available online. We are here to help, so feel free to contact our office!

Click here to subscribe to the weekly newsletter.

Common Sense Advice
Super Bowl 51 - The Old Guys Take It

Go Tax Free

A&I Financial Services - Karl Frank Book - Go Tax Free

 

 

 

 

 

An assortment of tools and strategies that give readers of all backgrounds a clear, specific action plan for obtaining the maximum allowable control over when and how they pay taxes.
Learn more

Green Initiative Side Bar 2

Go Paperless 

Addressing Global Concerns on an individualized basis