Investment decisions during election volatility | The Art and Science of Successful Planning

It’s a startling statistic.

45% of consumers with $100,000 or more investable assets expect to make changes to their investments due to the upcoming 2020 presidential election.¹

Why Election Anxiety Impacts Investment Decisions?

Second-guessing your strategy feels natural, especially with an election approaching. Moreover, emotions run high as people debate what may happen to the markets in the coming weeks.

However, reacting emotionally often leads to poor financial decisions.

Instead, remember that investing always involves risk. Therefore, you should base decisions on your personal goals, time horizon, and risk tolerance not headlines.

Review Your Strategy, Not Just the News

If the upcoming election affects any of these factors, now may be a good time to review your portfolio. Likewise, if campaign policies concern you, please give us a call. We welcome your perspective. More importantly, we’re here to help guide you through uncertainty. For insights on how policy changes could impact retirement planning, check out Financial Advice for Retirement Planning for Florida Retirees.

Or, if you are concerned about one or more of the policies being discussed by the presidential candidates, please give us a call. We’d welcome the chance to hear your perspective, and hopefully, we can provide some guidance.

Make Changes for the Right Reasons

Making a change to your portfolio should be driven by sound analysis, not an emotional response to a current event. If the election does introduce some new economic ideas, we would review the proposals and prepare for what may come next.

After all, successful investing comes from discipline, planning and perspective.

^{1. HartfordFunds, 2020}

^{Investing involves risks, and investment decisions should be based on your own goals, time horizon and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost.}

^{The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite, LLC, is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material pro}