It’s pretty shocking how much can change in one month. The obvious shock I’m referring to is that Trump got elected. I’m not one to fiercely debate politics or run around shouting that my beliefs are the right beliefs and other people’s are wrong. But I will say I’m not happy that Trump will be going into office.
At the end of the day, I’m still proud to be an American. Having the right to vote, voice our own opinions, choose our own religions (if any), and have so many freedoms are why we live in the U.S. It’s no big surprise that the countless celebrities who claimed they’d leave the country if Trump got elected aren’t actually going to move anywhere at all.
Of course, even though the U.S. is a great place to live there are still plenty of crazy people here. There are also a lot of people filled with prejudices, biases, hatred, stupidity and disrespect. This is an election we’re going to remember and/or cringe about for the rest of our lives so I feel the need to write about it even though I’d rather forget it.
The dust hasn’t settled
In a nutshell, I’m disappointed and still in disbelief that Trump got elected. Although I wasn’t a super fan of Hillary, I’d feel a lot less anxious about what’s to come in our country over the next 4-8 years if she won. The only thing I liked about this election was the SNL skits. The rest of the time I was shaking my head. It’s been a real sh– show for all parties.
I don’t think the world is going to end with Trump as president, but a lot is bound to change whether we like it or not. We just have to hope for the best, see where things go and continue to fight for our rights and beliefs whatever they may be.
Why did so many women vote for Trump?
One thing that I’m still trying to get my head around is why did so many women vote for Trump? Note – I’m not trying to say women are to blame for Hillary losing by any means. But I am curious about why so women support Trump and aren’t completely disgusted with his behavior, repeated disrespect for women, etc.. Is there any sort of pattern to the demographics of these women?
There’s no way to know for sure without interviewing every single woman who voted for Trump, but I’ve put together a list factoids I’ve found around the web along with some analyst opinions on the general reasons that could explain these whys. Do any of these make sense to you?
- Clinton won the majority of overall female votes at 54%.
- The majority of white women (53%), however, voted for Trump.
- Only 6% of black women voted for Trump.
- Only 32% of hispanic women voted for Trump.
- A candidate’s gender doesn’t seem to have as much sway in politics as race does: 93% of all blacks voted for Obama in 2008, but Hillary didn’t get anywhere near that high a percentage of all women voters.
- Voting republican is a priority for some women regardless of who is representing the party.
- Historical data shows the majority of white women tend to be republican and the majority race in the U.S. is white.
- There are more women in the U.S. than men.
- White women without college degrees prefer Trump: 62% of non-college educated white women voted for Trump. Only 45% of college-educated white women chose Trump.
- Poorer, less educated women are more likely to hear phrases and expressions of misogyny and consider them socially acceptable than higher educated women.
- Some women are not threatened or disgusted by sexism or abusive, lecherous, disrespectful men.
- Some women still believe in patriarchy and feel it’s “safe.”
- Some women would rather be compliant than ambitious or assertive.
As you can see there are a lot of different reasons why so many women voted for Trump. Studying election demographics and polls is complicated and obviously not an exact science. Every poll I came across before 8pm on November 8th predicted that Hillary would win.
In any case, time marches on and hopefully our country will move forward.
New Here? Welcome! Be sure to check out my about page and read how I got paid to break free from a grueling desk job. I publish monthly income reports to track my progress and push myself forward.
2016 Goals Update
I have a couple main career goals for 2016 that I’m actively hustling to meet or beat this year. In each of my income reports, I provide a quick update on my progress:
1) Goal: Invest At Least $5,000 Every Month
I surpassed my goal of investing $5,000/month again in October and deployed about $10k. I bought CMF at around $120, which has since come down into the $116 range post-election. My timing sucks when you look at the chart below, but at least I used the recent dip to buy more. I don’t have any plans to sell in the short-term so I’m not that bent out of shape on mistiming my October trade.
2) Goal: Grow My Net Worth By $75,000
I’m on a quest to become a multi-millionaire! It’s a long journey, but an exciting and fulfilling one. When I ran my mid-year net worth figures, I was happily surprised that I hit my goal and passed the $1 million mark over the summer. I think I can stay above $1 million if I continue to save and the markets don’t tank significantly in the next few years.
With Trump coming into office it’s really hard to know what to expect in the U.S. economy and what the ripple effects could be around the globe. A report released by Moody’s Analytics around July certainly caused a stir when they predicted that a Trump presidency could cause a two-year-long recession starting in 2018, with higher interest rates, lower stock prices, reduced property values, higher trade deficits and an economy that is “more isolated and diminished.”
His proposed tax changes might be welcome by some, but Moody’s predicts they could bring revenue as a percentage of GDP to its lowest since World War II. The report also predicts that Trump’s proposed policies would result in rising unemployment rates – as high as 7 percent versus below 5 percent today – and about 3.5 million fewer jobs. Yikes.
I’m still focused on making as much as I can each month and tucking away all my excess. My financial plans haven’t really changed because I’ve been anticipating a recession for a while, but it will still really suck if we have to live through another one.
Income Report October 2016
Onwards to my October Income report…
Total Revenue Streams = $9,360
FREELANCING: $6,040
- Web & Project management $4,160
- Editorial, writing, marketing $1,835
- Teaching music, pet sitting, misc. $45
INVESTMENTS: $167
- Dividends & interest income $87
- Rental income $80
ADVERTISING & AFFILIATE: $3,153
- Partnerships, affiliates: $2,850
- Advertising: $128
- How To Engineer Your Layoff $75
- Bluehost: $90
- Amazon Associates: $10
Expenses = $(5,672)
BUSINESS: $(982)
- Aweber, Marketing, Subscriptions, Fees: $(355)
- Other work related: $(338)
- Meals & Entertainment – business: $(219)
- Travel – business: $(70)
PERSONAL: $(4,690)
- Living expenses: $(4,060)
- Meals & entertainment – personal: $(390)
- Travel – personal: $(120)
- Shopping & misc expenses – personal $(120)
$9,360 (Income) – $5,672 (Expenses) = $3,688 PROFITS
October Takeaways
My takeaway for October is that change is certainly inevitable. If we don’t like the changes that unfold before us, we just have to keep trying hard to steer things towards a better direction. Nothing is certain in life and as we all experienced, predictions are just that – predictions. Sometimes even all the seemingly most thorough research, surveys and polls in the world can wind up dead wrong.
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Untemplaters, were you surprised by the election results? Do you live in a blue or red state? Why do you think so many women voted for Trump? Are you making any radical changes now that Trump is set to take office?
Copyright 2016. Original content and photography authorized to appear solely on Untemplater.com. Thank you for reading!
I like most people were shocked that Trump won. I think the market is going to be in for a wild ride while Trump’s policies get sorted out. I think we’re bound to have at least one bear market during Trump’s term based on the avearage bear market comes every 5.5 years and we’re definitely overdue. But I guess we’ll see.
Yeah it sucks but I expect a downturn is in store. Better to be prepared and go through another one than to be caught off guard though.
I would have expected the Hispanic women numbers to reflect the Black women numbers at 6%. That one was really surprising to me. Overall, I think a lot of people vote for their party regardless of who the candidate is. There are a lot of people out there that are so ingrained with their party, it doesn’t matter what the candidate says or does. They’ll still vote for him/her.
I was quite surprised with the Hispanic women results too!
I’m surprised so many women voted for trump as well. 32% of Hispanic women voted for Trumped? With 46% of all women who voted, voting for Trump, it’s pretty amazing how many women accept such type of behavior.
I’m slowly building my tax-free muni bond portfolio as well. It’s pretty awesome to make 2.5% a year double tax free now after the bond sell-off!
Unfortunately, the housing market is now dead in the water. Prices should be going down now w/ higher mortgage rates.
Sam
“With 46% of all women who voted, voting for Trump, it’s pretty amazing how many women accept such type of behavior.”
Because a woman voted for Trump doesn’t mean they approve of everything the man has said or done. Just like a woman who voted for Hillary doesn’t approve of lying under oath, ‘mishandling’ top secret emails and the shenanigans she pulled with her foundation.
Or maybe just the US housing market: A month ago, I moved from the NYC area to the French Riviera and am surprised at how much a Euro buys. Plus, the dollar is falling every day again the Euro…if this trend picks up, I”ll be surprised if Americans don’t start snapping up properties here (I can’t speak for the whole Eurozone). I’ll definitely be buying!
Yeah it’s pretty crazy to look at the stats.
I’ve been building my bond portfolio and did some rebalancing this week after the sell off. It feels nice to be able to have some more tax-free exposure in my portfolio.