I've said this before... my goal is to have $1 million in my portfolio at retirement. I have the maximum allowable taken out of my paychecks to go to my portfolio before taxes, and my employer matches it! So this is the best way that I've found to save for retirement.
Here's how I invest...
As a rule of thumb, when Democrats are in power you expect more people to leave the poverty class and move up to the middle class, so you want to invest in things that the middle class buy... mid-level retail stores, higher end liquor, luxury items, etc. And you want to invest in things that the Democrats support... alternative fuels, medical equipment, healthcare, etc.
But when Republicans are in power you expect more people to drop from the middle class to the poverty class, so you want to invest in things that the poverty class buy... dollar stores and discount stores, lower quality gas companies like Murphy, beer and cigarette manufacturers, etc. And since they tend to give all of our money to the ultra rich, you also want to invest in super high end luxury items that the billionaires will support... private planes, yacht manufacturers, etc.
And obviously, now is the time to invest in big oil companies.
Trump is our first real huckster President, so some things are unique for him. Like his first term, pay attention to whatever he's promoting today and buy it as fast as you can! This is tricky, though, because he and his cronies will buy a ton of the stock before they promote it, so if you can't buy in fast then you might be too late. And these are usually short lived, so buy it the minute you hear Trump talk about it and prepare to sell it within a month or so.
Hydroxychloroquine is one example. They were trading at $38.02 on March 20, 2020 when Trump (a stockholder) promoted them as a cure for COVID. Their stock spiked to $49.85 by April 24. They stayed around there until Trump announced that he was taking it as a preventative on May 18, then the stock spiked again to $52.32 by June 19. That's a +37.6% gain in 3 months!
They did eventually peak at $57.65 on September 27, 2024... buy a +10.19% increase over 4 years isn't great. The best gain would have been to buy on March 20 when Trump promoted it, then sell a month later. Then buy it again on May 18 when Trump promoted it again, and sell again a month later.
So follow that example... whatever Trump mentions, buy in as hard as you can as soon as you can! And then liquidate in a month.
And finally, knowing that Trump intends to hand Ukraine to Russia on a silver platter, which will then strengthen their economy and BRICS in general, look for ways to invest in the Russian economy. Their economy will outpace the US within the next few years, so that will be the strongest buy you can make. Unfortunately for us, major index providers (like the S&P and Dow) have removed Russian shares from their indices, so I'm not sure how to do that right now.
