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How Did The Election Results Affect My Stock Investments?
An exclusive inside look at my own little portfolio
The highs and lows in the stock market are often triggered by catalysts. What can be a better catalyst than the US Federal Elections?
I started investing right before the pandemic hit and I continued to invest around $1k every month since March 2020 in the US and Canadian stock markets.
Let’s get right into the numbers. As of November 3, I had invested a total of $12188 into my Wealthsimple Trading app and my portfolio value was a grand $9135 😂
Yes, I was in negative territory (-25% to be exact). I’ll reveal the ‘why’ in a different article shortly.
Here’s a snapshot of the same.
The US Federal Elections took place on November 3, 2020
As you can see, I just added another $1k for the month of November (which explains the increase from 12188 to 13188 in Net deposits).
