The presidential election is just a few weeks away.
As an investor, how might you be affected by the results?
Possibly not as much as you might think.
Historically, the financial markets have done well - and sometimes not so well - no matter who has controlled the White House and Congress.
Also, many campaign promises go unfulfilled, and those that are carried out may lead to unexpected results.
Furthermore, other forces, such as the Federal Reserve’s ability to move interest rates, can have a sizable impact on the investment world.
Instead of making changes to your investments based on election results, try to focus on the things you can control.
Most importantly, you’ll want to build your portfolio based on your goals, risk tolerance, time horizon, and need for liquidity.
These factors may change over time, and when they do, you may need to adjust your investment mix.
Ultimately, when it comes to investing, you may want to pay less attention to what names are on the ballot and instead “vote” for the strategies that can help you reach your long-term objectives.
This article was written by Edward Jones for use by your local Edward Jones Financial Advisor John Dickerson and Hawes Dickerson. Members SIPC.
