You Asked, So We’ll Answer
FOQ: With the election coming, what if (name your candidate) wins?
Short: Doesn’t matter.
Long: There are endless factors that may influence the market. The president is just one of them. Luckily, it’s one factor that doesn’t seem to matter much. See for yourself:
Red or blue, the market has delivered fantastic returns over time.
FOQ: What about it being an election year? Aren’t returns wonky?
Short: Yes, but in a good way.
Long: The market averages about 10% per year. While returns vary wildly from that average, you should never expect more than that (and always be prepared for less!). But for fun, check out the returns during election years:
14% would be great! But with a range of down 35.7% to up 38.6%, anything can, and has, happened.
FOQ: So should we do anything different?
Short: No
Long: Noooooooo
Cheers,
Your Team at Great Oak