After the Election
In this episode, Mark recaps the presidential election and how it will affect the economy. He talks about how the government is one of the biggest businesses in the world. Profit is in the form of taxes in the government. Following the election, there will be winners and losers in the market. He also talks about how bonds are a beta mitigator and as interest rates go down the value of your bond goes up. Bonds are far more risky than people think and they historically have been more volatile than stocks. However, he reminds investors to not be a short-term thinker and understand the philosophy and process of your investments!
November 9, 2016