Right now, am I better off? I don't know. Let me put my answer in context. What is important to me is.....my investment portfolios.....li ke the broad-based capital markets.....are off their high(s), but not as much as the broad-based markets. But I don't care about that today, tomorrow, etc. I am in it for the long-term and for the rest of my life. If my investments are down 5% or 10%, I don't care today. It doesn't impact me. Let's see what's what at the end of Trump's second term. I don't draw income from those assets today, and when I do, it will only be a small percentage and I will not touch principal. I also have guaranteed income when I am ready and push the button. Until then, my lifestyle is more than covered from my earnings from my work, and investments related to my work. So, none of that will impact me really.
I don't care what I pay for eggs, gas, and healthcare today, tomorrow, etc. I care about the long-term and the rest of my life. Let's see what's what at the end of Trump's second term. I have no problem with the highest current Federal income tax rate, as I feel the actual rate is relatively low right now. I expect the top bracket to go up.
That said, the economy, military, national security, fiscal policy, Ukraine, taxes, and so much more are all living, breathing, fluid animals. Some will have longevity, some won't. But, to answer the question, I expect I will be better off when Trump's second term is over.
