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Wealth Management Wire
stock market drop Copyright Scott Olson, Getty Images

What Now?

Wait until the dust settles, then buy the dips.

Donald Trump will be the next president of the United States. Needless to say, that took a lot of people by surprise.

As I'm writing this Tuesday night, Dow (DIA) futures are down 800 and the dollar is tanking. People are panicking. It's the end of America... the end of democracy itself!

My advice? Wait a couple days for the dust to settle, and then buy the dips.

Seriously. We've had terrible presidents in the past. Lyndon Baines Johnson, Richard Nixon, George W. Bush... we've had plenty of terrible presidents, and yet, the country finds a way to march on. The world doesn't end.

You have to remember that the American president is one of the weakest executives in the world. In their respective countries, the British prime minister and French president are vastly more powerful than the American president. None of the more questionable aspects of Trump's platform can…

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