Ask an advisor: How can I Trump-proof my finances?

Published Updated 3 Min Read

Allison Robbert/AFP/BloombergPresident-elect Donald Trump has promised dramatic changes to trade and tax policy, worrying some investors.

Welcome back to “Ask an Advisor,” the advice column where real financial professionals answer questions from real people. The topic can be anything in the world of finance, from retirement to taxes to wealth management — or even advice on advising.

Since Donald Trump won back the presidency, the stock market has been jubilant. The day after the election, the S&P 500, Dow Jones and Nasdaq indexes all reached record highs, with the Dow and S&P both clocking their biggest single-day gains in two years.

John Power, certified financial planner and principal of Power Plans in Walpole, Massachusetts

Don’t overreact to political posturing. And don’t pay huge attention to those that intend to scare you with little knowledge of what really is to come. 

Nathan Place
National Reporter

Nathan Place is a national reporter at American Banker. A native of New York City, he has worked for more than a decade in both print and video journalism. He got his start in Beijing, where he … Read full bio


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