“There is nothing permanent except change.” -Heraclitus
Change is scary, and an election is upon us, meaning change is imminent. Regardless of who you are voting for in November (11/3), the outcome is going to affect us all. But what impact will the president have on your investments, and to what degree?
There are positives to take away from either scenario we are facing in terms of your future and the future standing of your retirement account. While we all have thoughts on how past Presidents have impacted the economy and their effect on the stock market, data shows that there may not be a direct link between the “effectiveness of a president’s policies” and the performance of the stock market. In other words, don’t rush to make a decision based on who will be occupying the White House come January 2021.
To help ease your mind and give you the information you need to make informed decisions, Blooming Tree Wealth Management’s Ryan O’Connell is hosting an “Election Truths and Your Retirement Plan” virtual presentation on November 5. The presentation will cover the following:
- How markets perform under each party
- If you should stay fully invested in the short and long-term
- How predictions and narratives may be wrong or misleading
- How signature legislation has impacted the economy
- And much more
You won’t want to miss this short presentation by Ryan. The webinar should last from 30-60 minutes, and there will be time to ask questions. RSVP Today by emailing lauren.runyan@bloomingtreewm.com. We hope to see you (virtually) on November 5 at 5:30 PM Central.
Note: All entities are separate and not affiliated with LPL Financial.