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And sure enough, Trump has hammered this message home on the campaign trail.
Three words say it all: Drill baby drill.
Domestic Manufacturers Serving American Consumers
Donald Trump famously loves tariffs as a protectionist policy for American manufacturers.
That would make American manufacturers pricing more competitive but only here in the US.
Abroad, other countries with competing goods would likely retaliate with similar tariffs.
Large Corporations With a Domestic Market
Large corporations are always arelatively safe investment, notes Musson.
But as touched on above, watch out for companies that rely too heavily on exporting abroad.
For that matter, Republicans have historically favored higher defense spending than Democrats.
Consider investing in major defense contractors like Northrop Grumman and Lockheed Martin if you foresee a second Trump presidency.
Gold and Precious Metals
Some analysts worry about the unpredictability of Trumps policies and foreign relations.
For example, Alan Wm.
Where do investors seek refuge from geopolitical uncertainty?
In a word: gold.
It has served as a safe haven asset for millennia, and shows no signs of stopping.
Artificially low interest rates usually reduce the spending power and longevity of retirement nest eggs.
Tariffs also drive up prices and living expenses, he explained.
Most of the changes are currently scheduled to expire at the end of 2025.
Take advantage of the current erasrelatively low tax ratesby contributing to a Roth retirement account.
Knock out your retirement tax obligations over thenext few yearsto avoid higher tax rates by the time you retire.
But Americans should focus on simply continuing to invest consistently no matter which way the political pendulum swings.
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