The 2024 presidential election cycle is in full swing. If you’re wondering how the upcoming election may impact your financial plan, check out the latest video from Commas Sr. Financial Advisor Josh Bentz.
“One question that we’re getting a lot right now from clients is: should I be worried about what’s happening with this upcoming election? Which is a valid concern, obviously there’s some tense things going on in the world. But our answer is: no, there’s really no correlation between your investment plan long term and the outcome of this election. The main trend that that we focus on for long-term investors is that the market provides the best source of returns for your long-term goals. And that is not really impacted by republicans or democrats or anything like that. That’s just how markets work. So if you’re a long-term investor, don’t worry about what happens in the next three to six months. Focus more on the long term. If you’re a short-term investor, you probably need to make sure you’ve got a plan in place that’s not going to be impacted by short-term moves in the market anyway.”
