I agree there will be opportunities. I do think we are looking at some great opportunities right now with some stocks. As far as TCNNF, I'm loaded and I see a favorable long term regardless of the overall economy. The inflation story is one that nobody seems to be sure of, but I am speculating by 2024 at the latest, inflation will be much lower. The Chinese are mucking up the world economy, as are the Saudis and Russians. Some of these things the US has very little control over. History has taught us that the market goes up over the longer term.
"The nominal return on investment of $100 is $121.89, or 121.89%. This means by 2022 you would have $221.89 in your pocket.
However, it's important to take into account the effect of inflation when considering an investment and especially a long-term investment. You can convert S&P returns to their real (inflation-adjusted) value using an inflation calculation based on the U.S. Bureau of Labor Statistics Consumer Price Index (CPI).
In the case of the returns described above, the CPI in 2016 was 240.007 and the CPI in 2022 was 298.012.
The ratio between these CPIs describes how relative buying power of a dollar has changed over 6 years.
Adjusted for inflation, the $221.89 nominal end value of the original $100 investment would have a real return of roughly $78.70 in 2016 dollars. This means the inflation-adjusted return is 78.70% as opposed to the original 121.89%.
The information on this page is derived from Robert Shiller's book, Irrational Exuberance and the accompanying dataset, as well as the U.S. Bureau of Labor Statistics' monthly CPI logs."
So I don't really see the politics of the country effecting the overall market over the long term. Generally we have a higher return during years we have a democrat in the presidency, other than that I'm not sure much politically effects the longer term. Just my opinion.
