Mistake #1: Investors worry too much about which party wins the election.
We typically give far too much credit, and far too much blame, for the health of the U.S. economy and the state of the financial markets based on the President.
Mistake #2: Investors get spooked by primary season volatility.
Mistake #3: Investors try to time the markets around politics.
If you’re nervous about the markets in 2024, you’re not alone. Presidential candidates often draw attention to the country’s problems, and campaigns regularly amplify messages whether positive or negative.
Avoid the mistakes.
• History shows that election results have very little impact on long-term returns.
• Expect volatility, especially during primary season, but don’t fear it. View it as a potential opportunity.
• Investors who were fully invested or made regular, monthly investments would have done better than those who stayed in cash in election years.
For a more comprehensive review, please follow this link to the article this information was taken from.
