Love em or hate em, Trump was good for your 401k's...

[Sgt Beavis]

My 401k had 16% growth. I'm not very aggressive with it.

My VMware stock was $45 in April 2016. It's now $125.32. However I don't credit Trump on that one. The stock sank to the low $40 range after the Dell takeover because of some very dumb strategic announcements. It's bounced back because we've blown past earnings expectations and made several key strategic changes that Wall Street really liked. None of that was Trump.

IMO Trump has had two big impacts on Wall Street. The 1st one is deregulation. The 2nd was the hope of a tax cut. Wall Street was influenced by both of those factors and it's paid off in that the new tax plan is very favorable to them.

Now the question becomes, when do we hit the down side of the cycle? I think the tax cuts may extend this growth through 2018, but we will eventually see a downside.

[quikag]

Yes! Trump definitely helped my investments for sure.

I don’t mean to brag, but I think if I cashed out everything, I might even be able to buy two cowskin rugs. Don’t be jealous of me, be jealous of the game.

[dcs13]

Anyone look at their cow skin account yesterday ?