Quote:
Originally Posted by
SpamSandwich 
Yeah, I don't know how I can practically be expected to not sell any of my stocks for 4 years of an Obama presidency... maybe I'll just get out of the market entirely. If it looks like Obama will be the sure winner, expect a huge flight of capital from the US and the stock market.
I am not a financial planner, but if you do this, and you happen to guess right, you'll come out nicely ahead, when you buy everything back at depressed prices 3.5 years later.
Of course, if you're wrong, then you end up with a wad of cash that has lost value due to inflation.
I made that mistake back in '92. I expected Clinton's administration to herald another period of stagflation, a-la Carter, so when a pile of CDs matured, I left them in a money-market account, expecting to be able to buy 5-year CDs at high interest rates. It didn't happen - interest rates went down and I ended up with less than if I'd immediately bought new CDs with that money.