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To: Starboard

My wife keeps being amazed about this time every month when we get our Fidelity monthly printout re how our IRAs are doing in spite of rather high mandatory withdrawals.

I keep telling her that is due to my financial ability.

She smiles and says, “You mean Trump’s promise to America!”


9 posted on 07/03/2019 10:18:29 AM PDT by Grampa Dave (KAG! Keep America Great! Vote for President her in 2020! KAG! Keep America Great, Again!)
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To: Grampa Dave

Amen.

Your financial prescience enabled the Trump effect to perform portfolio magnification of tremendous effect.


12 posted on 07/03/2019 10:23:06 AM PDT by bert ( (KE. NP. N.C. +12)There were Democrat espionage operations on Republican candidates)
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To: Grampa Dave

Its hard not to confuse good fortune with financial brilliance. :)

But in all seriousness, it wasn’t that hard to see that Trump’s efforts at deregulation and lowering taxes were going to fuel the markets. He made it all possible. Those who recognized this and invested consistently and wisely are reaping the benefits.

That said, I’m in a very conservative mode because of age and the extraordinary length of the bull market. (About 80% of companies are predicting lower earning going forward.)

Best of luck to you.


38 posted on 07/03/2019 3:21:04 PM PDT by Starboard
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