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You Won’t Believe How Profitable the Next Four Years Could Be

Friday, November 18, 2016 3:17
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As the coauthor of the 1998 book “Contrarian Investing: How to Buy and Sell When Others Won’t and Make Money Doing It,” I’ve always been willing to take the “other side” of the “consensus view.” That willingness – combined with a commitment to the long view – has worked out very well through the years.

So, while most people don’t trust politicians – especially presidents – as far as they can throw them, I’ve found it can pay big when you take the chief executive’s words at face value.

Consider this:

In a recent story in The New Yorker, political scientist Michael Krukones tabulated the campaign pledges of presidents – from Woodrow Wilson to Jimmy Carter – and revealed something that might shock you.

Presidents actually achieved about 73% of what they promised.

Outgoing President Barack Obama is no exception. Nonpartisan PolitiFact found that he achieved at least a “compromised version” of 70% of his campaign vows.

The investing takeaway here is simple: If we align our investing with the new administration’s spending targets, we stand to clean up.

It worked with healthcare stocks in the last administration, and I’m confident the sectors and stocks I’m about to show you will take off after the transition…

Tags: trading strategy

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The post You Won’t Believe How Profitable the Next Four Years Could Be appeared first on Money Morning – We Make Investing Profitable.

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