Market Swings and Political Influence
As the U.S. presidential election approaches, are you worried about your portfolio?
I can promise you the financial media is. You may read headlines with alarming titles and panic-inducing phrases that may make you question your financial decisions. But hold that thought...
While nothing is guaranteed, historical data shows that over the long term, the stock market tends to rise, regardless of who occupies the White House. While elections can spark short-term volatility, these fluctuations are often temporary and absorbed within the broader upward trend of the market as shown in Money is Green - not Red or Blue.
Reacting emotionally to political events can lead to impulsive decisions which may harm your long-term financial goals. Last month’s market rebound is a perfect example of how quickly things can change and why it’s crucial to stay committed to your financial plan.
Coffeehouse Investors know that seeking to build long-term wealth is about patience and discipline. Although past performance won't guarantee results, the market's history of resilience suggests that staying the course may often be the best strategy, even during times of political and economic uncertainty.
Manage the Volatility
Build a financial strategy that can weather the next storm or market fluctuation that comes your way. Connect with me on a complimentary strategy call* and let's build a plan together.