Jude Boudreaux, CFP®, Senior Financial Planner at The Planning Center, was recently featured in a CNBC article titled “What Investors Can Learn from the S&P’s Performance After Presidential Elections Since 1928.” The piece seeks to guide investors, many of whom wonder how the stock market will fare due to the recent election. It points out that the S&P 500′s performance is all over the map in the 12 months following presidential elections going back as far as 1928. So, while altering a portfolio to account for an election year may seem sharp, remaining firm and trusting in your plan is the better route.
Jude highlights that the market’s movements are unpredictable and encourages investors to avoid broad changes. “There’s no obvious and discernable pattern,” said Boudreaux. “Election years aren’t that different from a typical year in the stock market.” Rather than attempting to predict the consequences of the election on the stock market, the wise choice is to stick to your plan and portfolio. Read the full article for more.
