If You Invested In VOO Stock And XRP Right After Trump’s Election Victory, This Investment Would Have Made You Richer

President Donald Trump’s election victory and the subsequent inauguration have shifted risk on markets such as equities and cryptocurrency. While several popular investment vehicles have plummeted, a few others have increased their returns dramatically. 

What happened: Vanguard S&P 500 ETF (NYSE:VOO) is the world’s largest exchange-traded fund, with $620 billion in assets under management as of this writing. The fund tracks the performance of the S&P 500 index, thereby acting as one of the most popular mediums for those looking to bet on the U.S. market.

However, since taking office, Trump’s aggressive tariff policies have tanked the stock market. Overhauling decades of free-trade agreements, the president placed 25% import duties

Full story available on Benzinga.com

Leave a Reply

Your email address will not be published. Required fields are marked *