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Politics and Investments
Should you change your investment strategy based on who wins the presidential election? Wealth Adviser Clarke Holt answers this question today on Elevate Wealth.
If you need help staying the course, we’d be glad to help! Schedule a free consultation. Just visit our Website below, and click the Let’s Talk button!
🔗 Website: https://elevate-wealth.com
🔗 Facebook: https://www.facebook.com/elevatewealthadvisory
🔗 Instagram: https://www.instagram.com/elevatewealthadvisory/
Subscribe to our channel and hit that notification bell 🔔 to stay updated on the latest investment strategies and financial planning tips!
FULL TRANSCRIPT:
Today in a client meeting I was asked, "Should I change my investment strategy based on who wins the presidential election?" This was an interesting question, while with it being an election year and the outcome is uncertain, there are plenty of opinions and predictions that are flooded around and leading up to the election itself, and I would caution investors against making changes to their long-term plan to either profit or to avoid losses from changes in the political lens. The data shows if you look at the stock market going back to 1926, the returns in months when presidential elections took place have not really tended to be different from returns in any other months, for a broad-based index. It's natural for people to look for a connection between who wins the White House and which stocks will go up, but investors and shareholders are investing in companies, not a political party, so companies focus on serving their customers and helping their businesses grow, and they're doing that regardless of who's in the White House, and staying invested in equities has rewarded disciplined investors from Democratic and Republican presidencies. So making investment decisions based on the outcome of elections or how investors might think that things will unfold is unlikely to result in any type of excess returns or advantage. In fact, it could lead to a costly mistake. So this data creates a strong case for investors to rely on a consistent approach and to stick with their plan. If you need help staying the course, we'd be glad to help. Schedule a free consultation with us. Just visit elevate-wealth.com and click on the "Let's Talk" button. Thanks!
#AdviceInAction #ElevateWealth #WealthWise #FinancialFitness #FinancialReview #StockMarket #taxes #TaxCuts #TaxCutsAndJobsAct #InvestmentPhilosophy #RetirementPlanning #ElevateWealthAdvisory #FinancialMarkets #stocks #retirement #StockReturns #InvestmentStrategies #FinancialPlanning #WealthBuilding #WealthAdviceForYourBestLife #election #politics #financialmarkets #financialplanning
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By Elevate Wealth AdvisoryShould you change your investment strategy based on who wins the presidential election? Wealth Adviser Clarke Holt answers this question today on Elevate Wealth.
If you need help staying the course, we’d be glad to help! Schedule a free consultation. Just visit our Website below, and click the Let’s Talk button!
🔗 Website: https://elevate-wealth.com
🔗 Facebook: https://www.facebook.com/elevatewealthadvisory
🔗 Instagram: https://www.instagram.com/elevatewealthadvisory/
Subscribe to our channel and hit that notification bell 🔔 to stay updated on the latest investment strategies and financial planning tips!
FULL TRANSCRIPT:
Today in a client meeting I was asked, "Should I change my investment strategy based on who wins the presidential election?" This was an interesting question, while with it being an election year and the outcome is uncertain, there are plenty of opinions and predictions that are flooded around and leading up to the election itself, and I would caution investors against making changes to their long-term plan to either profit or to avoid losses from changes in the political lens. The data shows if you look at the stock market going back to 1926, the returns in months when presidential elections took place have not really tended to be different from returns in any other months, for a broad-based index. It's natural for people to look for a connection between who wins the White House and which stocks will go up, but investors and shareholders are investing in companies, not a political party, so companies focus on serving their customers and helping their businesses grow, and they're doing that regardless of who's in the White House, and staying invested in equities has rewarded disciplined investors from Democratic and Republican presidencies. So making investment decisions based on the outcome of elections or how investors might think that things will unfold is unlikely to result in any type of excess returns or advantage. In fact, it could lead to a costly mistake. So this data creates a strong case for investors to rely on a consistent approach and to stick with their plan. If you need help staying the course, we'd be glad to help. Schedule a free consultation with us. Just visit elevate-wealth.com and click on the "Let's Talk" button. Thanks!
#AdviceInAction #ElevateWealth #WealthWise #FinancialFitness #FinancialReview #StockMarket #taxes #TaxCuts #TaxCutsAndJobsAct #InvestmentPhilosophy #RetirementPlanning #ElevateWealthAdvisory #FinancialMarkets #stocks #retirement #StockReturns #InvestmentStrategies #FinancialPlanning #WealthBuilding #WealthAdviceForYourBestLife #election #politics #financialmarkets #financialplanning