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If you don't have the nerve to hold a stock for 30 years through ups, downs, crashes and rebuilds, there's a thing called a high yield savings account that may better fit your current stage of life better and risk tolerance.
And let's all point to the sign:
If Trump's antics can make you sell, you should sell right now and not buy back in, because that's money you should not have invested in the first place - by your own standards for peace of mind.
President Trump is far from the first or the last powerful person to wield massive global power that negatively affects the markets. Markets perform with strong returnsin spite of bullshit from world leaders, not because any world leaders are particularly competent (with some very rare exceptions).
It is scary right now. It really is. But that's what investing is about. We risk some money we don't need right now, in hope of some growth later. Pulling out when things are going down is statistically a guarantee to lock in losses. But peaceful sleep at night beats 2%-20% growth.
To answer your question: absolutely. Stocks are going to spend four or more years underperforming where they could have under better leadership. As they have done before, and as they will do again. That's pretty much been true with every president during my lifetime, though, and through most of recorded history. Hindsight is 20/20, and all that. And anyway, democracies don't, so far, tend to elect economists.
Profit is made when you buy a stock, not when you sell. You only buy stock from a company you have researched and genuinely believe has long term potential. Things like this shouldn't be altering your perception of the stock.
I'm paraphrasing but that was a major point in "common stocks and uncommon profits" by Philip Fisher.
You can have a great company, but if the government decides it's illegal or something, then that's still a problem.
Ofcourse, and stocks might fall over the short term, but thoroughly vetted companies have a much higher probability of bouncing back. Diversification and thorough vetting at the time of buying is what experts recommend, not panic selling.