This week, we’re keeping it simple, short, and sweet. There is no shortage of coverage surrounding the presidential election and its impact on the stock market. Today, we’re taking a moment to focus on the importance of context.
Economic, social and political surprises can all have dramatic effects on global equity markets in the short- and medium-term. When markets react negatively or positively to any given “surprise”, many investors give into the temptation to make sweeping, wholesale decisions within their portfolios. As fiduciaries, our job is to keep our clients’ eyes trained on the horizon, focused on the overall picture, and to act opportunistically as circumstances allow.
So – don’t act in haste. Stay in touch with your financial planner and contextualize market movements with your plan and objectives. Take advantage of opportunities as they present themselves. Experience your emotions, but don’t act exclusively upon them. Take a breath and allow the facts to unfold. Finally – do what is best for you, your family, and your financial plan.
Questions? Let us know. Our job is to help you.