US investments and Presidential election
US investments and Presidential election
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Discussion

POIDH

Original Poster:

3,094 posts

89 months

Friday 7th June 2024
quotequote all
Some of my pension is in SL US Equity Pension Fund. One of my more volatile / risky funds.

It's doing very well at present.

However, I'm wondering how markets will react to the presidential election, particularly if Trump gets in. I'm wondering about leaving that fund shortly and look to re-enter after the election dust settles.

Thoughts?

okgo

41,608 posts

222 months

Friday 7th June 2024
quotequote all
POIDH said:
Some of my pension is in SL US Equity Pension Fund. One of my more volatile / risky funds.

It's doing very well at present.

However, I'm wondering how markets will react to the presidential election, particularly if Trump gets in. I'm wondering about leaving that fund shortly and look to re-enter after the election dust settles.

Thoughts?
How was it last time he got in? All the data should be there for you to find.

Over 60% of everything I have is invested in the US, I hadn’t even given the old person they have sitting in the chair for 4 years a second thought.

POIDH

Original Poster:

3,094 posts

89 months

Friday 7th June 2024
quotequote all
Sadly fund record does not go back that far...

CLK-GTR

1,673 posts

269 months

Friday 7th June 2024
quotequote all
POIDH said:
Sadly fund record does not go back that far...
What's it benchmarked to? Should be on the website or documentation. Have a look at that.

From memory i don't think he made a jot of difference to the US market despite his claims.

Edited by CLK-GTR on Friday 7th June 11:27

Simpo Two

91,581 posts

289 months

Friday 7th June 2024
quotequote all
POIDH said:
Some of my pension is in SL US Equity Pension Fund. One of my more volatile / risky funds.

It's doing very well at present.

However, I'm wondering how markets will react to the presidential election, particularly if Trump gets in. I'm wondering about leaving that fund shortly and look to re-enter after the election dust settles.

Thoughts?
Business likes Trump. I don't see a problem.

The only major dips in the last 10 years was Covid and then Ukraine, but the markets bounced back: https://www.macrotrends.net/1358/dow-jones-industr...

greengreenwood7

958 posts

215 months

Friday 7th June 2024
quotequote all
i'd be more worried about the markets if Biden gets back in....

NickZ24

301 posts

91 months

Saturday 8th June 2024
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greengreenwood7 said:
i'd be more worried about the markets if Biden gets back in....
Do you really believe that trust has much to do in business? Especially in investment business. The press makes investors look like they are 4 year olds. The laws remain the same even if the president switches.

There is little difference in politics, ok Biden forgave some student loans, but do those had a chance of being repaid?

the US invests heavily in the UK
https://www.telegraph.co.uk/business/2023/01/23/us...

The issue is that people are scared of numbers. So the US adds each year 3 trillion Dollars to their depth. Still people buy their treasury bills. China sells and other people buy. China lost out on the last raise. 4% rise on treasury bills is huge.

thekingisdead

293 posts

157 months

Sunday 9th June 2024
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Historically election years have been good for US markets - irrespective of thw winner. 2024 looks to be continuing the trend.

I believe that two well known investors have this to say about the US president: (paraphrasing)

Munger: the US constitution is designed to stop the president doing anything stupid.

Buffet: the only job of the president is prevent nuclear war.

I think both have / had done ok ignoring whomever was president.

BenB91

371 posts

95 months

Sunday 9th June 2024
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Do nothing. Always stay fully invested.

NickZ24

301 posts

91 months

Sunday 9th June 2024
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BenB91 said:
Do nothing. Always stay fully invested.
Your government could turn dictatorial and you loose it all.
Diversification is the way to go.