Looking forward.

[Blue_true]

The upcoming employment report out this week is expected to show job growth of 180,000 plus, on top of 250,000 last month. Unemployment is down to 4.4%.

Deplorables attribute the numbers to Trump. But they are wrong, a new President's policies don't seriously impact the economy until around August of the first year in office. The nation's economy is still running on President Obama's policies, more so since Trump has not done any real significant policy other than roll back environmental regulations.

The economy where I live is highly dependent on retirees, medical care facilities, lots of local, state and federal government jobs. What I foresee once Trump's economy hits is my area will be devastated, given the types of jobs people around here hold.

Once the blush of Obama policy is gone in a couple of month and the reality of Trump policy hits the nation full force, I won't be surprised to see the economy and stock market plunge and the economy take on the 2008 pallor.

Once reality hits, I wonder how the 35% of American who did not vote in 2016 will feel about their decision.

[bresue]

1. So, we should buckle down with our

pocketbooks and investments until this nightmare is over?

[Blue_true]

2. I am no expert. I only know what I have seen.

2008 ruined lots of people in my area, many never recovered. I am not advocating not living. I am a technologist and I always think about and work toward the future. You need to do what is best for you. Trump spells trouble, but even in trouble, there are opportunities, I just hope people are ethical and moral about pursuing them.

[bresue]

3. I agree!

Many smaller micro economic rural regions depend on government spending programs to keep their economies fluid. For example, if they cut food stamps, this hurts grocers, and ultimately farmers.

If they cut medicare or medicaid, doctors and small hospitals will be pinched. Jobs in these sectors are going to be slashed...and people will slow down their spending overall...hurting once again the retailers. I want one day with Mulvaney to scream at his ignorance!!

So, for my own peace of mind, do I start saving, or keep spending.....?

[Blue_true]

4. What I personally did coming into 2008, actually started in 2007.

Was I increased savings a little and put all of my assets into secure bonds and high grade money market certificates. So when 2008 hit, I was in a good place. After Obama was elected, I invested in stocks across the spectrum and saw my assets double between 2009 and 2011. A lot of people lost massively in 2008, I felt really bad for them.

I suggest that you hook up with a mutual fund company like Vanguard, it offers cash security options and stocks. I am no fortune teller, I just got lucky in 2008, IMO. But, you should have ethical professionals that care about their reputations and customers managing your money, outside of that you use in your own business if you have one. A company like Vanguard only
move your money around when you tell them to.

As far as what to do in the near term? Like I said, I am not a fortune teller. All I suggest is that you follow your gut. If you are feeling queasy about the stock market and Trump's effect on it, start buying cash instruments now (high grade bonds and money market certificates) and just focus on staying pat, no big gains or loses until your gut says go back into stocks, and then invest across a spectrum of stock types from high growth to dividend stocks.