Election

All that stimulus money you’ve gotten, all the new stimulus money you’re going to get, don’t spend it. You’re going to need it when the inevitable Biden-Harris wealth wipeout hits you and the country.

Remember what I always say – it’s all good, until it isn’t.

You remember the Affordable Care Act and how good that was going to be, don’t you? Now politicians of the same ilk are making promises about how good life’s going to be with all the free money they’re showering on you.

But just like with Obamacare, which cost Americans dearly, this “free money” parlor game is more like a three-card monte. It’s sleight-of-hand; the money you’re getting isn’t free. Nothing’s ever free.

The truth is this brazen political coup is going to bankrupt you and America.

Here’s what one-sided, one-party, ramrodded legislation is really about, how it’s going to wipeout our democracy and your wealth.

And most importantly, how to invest your way out of the socialist black hole we’re headed into…

As of 12 noon today, the United States of America has a new president and a new vice president. The country also has a new Congress.

That means it’s time to buy some new stocks.

Right now is a good time to take the long view of what a Biden presidency and Democrat-led Congress will change about America. And by change, I mean how much money will the new government spend, and on what?

If you want to make money in the market, you must follow the money…

There’s no shortage of crazy things happening in the U.S. and the world today.

But, it’s crucial to break down each event and analyze it individually, because if you don’t, you’re going to be caught in false narratives and will inevitably be overwhelmed.

So, here’s what’s on my radar today:

This morning, Americans are rolling their heads.

Former V.P. Joe Biden leads President Donald Trump 238 electoral college votes to 213 votes, as of this morning’s latest count. It takes 270 votes to win.

Important “swing states” Michigan, Wisconsin, North Carolina, Pennsylvania, Georgia, and Nevada hang in the balance as I write this, with races in those states too tight to call.

But not exactly.

In the past, candidates with even the slim leads each is showing in states this morning, would have been declared “winners.”

This time around, the more than 100 million mail-in and absentee ballots cast by mail are being counted after polling-both data’s been calculated.

And that’s a problem, though others are sure to arise.

I have a ton of questions I’m asking about the election process, and I’m sure you do, too.

I want to hear from you. What questions are on your minds for me? Make sure you leave comments in the comment box at the bottom of this article on the website. I’ll address them all in Monday’s issue.

Here’s what’s eating me this post-Election Day morning…

Well, today’s the day. November 3, 2020. Election Day.

Amidst the swirling of COVID spikes and market dips, we’re at the threshold of a critical moment in history.

Every so-called expert is sending mixed messages, from “Everything’s great!” to “Get out NOW,” and it’s extremely difficult to know what exactly is the right thing to do now. Do you stay in the markets? Buy the dip? Take profits and run? Sell puts? It’s almost impossible to hear any sort of real guidance amidst the noise.

But, over the past few months, ever since Joe Biden announced Kamala Harris as his running mate back in August, we’ve been doing something special here at Total Wealth: The Election Stock Watch.

Covering everything from what to buy if President Trump is reelected, to if Joe Biden enters the White House once again, only this time as President, the Election Stock Watch has been a hub that I’ve devised to help you make the best possible decisions with your money right now.

And today, one of the most important days this year, possibly in the last decade or so, I’ve compiled it all in one big 2020 Election Master Survival Guide.

Here’s everything you need to know…

Talk about ugly; last week was “fugly.”

Surging COVID spikes across Europe caused closedowns and some lockdowns.

The U.S. registered almost 100,000 new COVID cases on Friday, bringing the total number of infected Americans to more than 9,000,000.

Are we headed where Europe’s going, again?

If you’re worried about negative news stories tanking the stock market, you’ve got a lot of company.

Investors are worried about what virus spikes and more shutdowns, if not lockdowns, will do to stocks.

They’re worried that companies laying off workers by the thousands means their earnings are faltering.

Everyone’s worried what will happen to the market if there’s no “stimulus” bill passed this year.

They’re worried about a contested election and how markets will deal with that.

And investors are worried about what a reconstituted Congress might do to kill the bull market.

Me, I’m not worried because there’s another side to every coin and every negative story.

Here’s the heads-up on the other side of the bad news, and what’s good for the market.

Market analysts almost always use history as a guide when calculating likely stock market moves, especially when it comes to elections. This year’s no exception.

But, of all the historical references and metrics being incorporated this time around, there’s really only one that matters.

This election is going to be “contested” and only one other presidential election in modern era has been contested, and we know what the market did then.

Here’s why Tuesday’s debate almost guarantees a contested election, what the market did the last time the country waited to find out who their next president was going to be, and how you can profit handsomely by putting on an inexpensive option position to ride out the storm.

We’ve been in for a wild ride in 2020, markets aside, we’ve seen a pandemic, a civil rights movement, and natural disaster after natural disaster – in an election year, no less.

Markets have done exactly what you’d expect in such unprecedented times, which is to say, they’ve gone absolutely buck-wild.

While Q3 is coming to a close, I wanted to make sure to address some crucial questions that have come out of this years’ insanity before we shift our sights to the election, what’s to come in 2021, and more.

Here are some of your best questions, and as always, if there’s something you want to ask that isn’t addressed here, comment below and I’ll get them on the next round…

The polls and the pundits had it all wrong in 2016. They said Donald Trump had no chance of winning the election, and if he did, the stock market would crash.

So much for polls and pundits.

With Joe Biden now ahead in almost every poll, investors are wondering if stocks will keep rising if President Trump wins reelection.

The short answer is, “yes,” markets will rally.