Remove punctation from the text - Python

import re
import string
def removePunctuation(text):
   
    #converts to lowercase
    text1 = text.lower()
   
    #removes punctuation
    #punctation = '''!()-[]{};:'"\,<>./?@#$%^&*_~'''
    text2 =  re.sub('[%s]' % string.punctuation, ' ' ,text1)

    #removes leading and trailing spaces
    text3 = text2.strip()
    return text3


   

print removePunctuation("'The best investments today,'")
print removePunctuation("Misery in Paradise;")

Output:

the best investments today
misery in paradise