No matter who’s party is in the White House, the market is in the black.
The stock market has been volatile these past several days leading up to the election. And it’s easy to want to sell our investments with a click of a button and jump in a bunker and hunker down.
I get it. I was there last week.
But that doesn’t work.
You see the market has been going up for almost a century. Yes, it goes down here or there, think 2008-2009, or this past March, or last week or so. But, usually, it goes up.
That means we need to take the longview when we invest: Check out this chart.
And that’s true, no matter who wins the election. The blue lines mean a Democrat was president, the red, you guessed it, Republican. So whoever plops themselves behind the desk in the Oval office, if you stay invested, you will likely get wealthier. It’s not optimism. It’s just reality.
So don’t liquidate your retirement fund or portfolio.