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This anxiety even spills into stock marketinvestments.
Therefore, there may be money moves you want to make in response.
Here are severalsuggestions from investing experts.
He may do the same during his second term.
Companies that would benefit from further tax cuts may prosper, so targeting these stocks could benefit your portfolio.
For his second term, he will likely continue working to roll back oversight of banks and Wall Street.
This would benefit major banks.
However, lower regulations can also increase risk across the board.
Look Into Real Estate
Trump is known for real estate.
Its where hes generated the majority of his wealth.
Because of this, his policies generally favor the real estate industry.
Trump has said he wants to rekindle and expand the tariffs he enacted during his first term.
However, this exception is temporary and will expire in 2025.
With Trump reelected, hell most likely extend this exception.
A GRAT is a financial instrument used to minimize taxes onlarge financial giftsto family members.
Under a GRAT, an irrevocable trust is created for a set period.
Assets are placed under the GRAT, and then an annuity is paid out to the grantor every year.
When the trust expires, the beneficiary receives the assets and pays little to no gift taxes.
The lower the interest rate, the more effective a GRAT.
Of course, no one can predict the future.
Most financial advisors advise their clients that diversifying is the best way to invest.
Putting all your money on one speculative outcome is extremely risky, no matter the political climate.
Instead, you should diversify your investments based on your long-term goals and risk tolerance.
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Takeaway
Finding and working with a financial advisor is a great idea.
A financial advisor will help keep track of your finances and assist you in attaining your financial goals.
Get to know your Financial Advisor options today for Free!
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