The 2016 Presidential election will surely go down in history as one of the most volatile, yet ground breaking events of the new millennium. We saw history in the making with the first female candidate for President and the first candidate without previous political experience or military experience. It has been an election that has left the country sharply divided and unsure of the future.
No matter what your opinion of the outcome, we wanted to offer some advice for investors as they consider what it might mean for their financial future. The first thing we want to say, is if you are doing the right things, then stay the course for the long-term. We don’t know how this new administration is going to play out; however, panicking because you are concerned about the results of an election is not a viable financial strategy.
Despite anyone’s political leanings, it is very likely that we will see some movement in getting legislation through the Congress and the White House. Some may not like the “progress” that will be made, but we do expect to see some things getting done – for better or for worse.