Perhaps some of the best investing advice just four months removed from the presidential election is to forget there is even an election happening at all.
“Investors need to stay focused on the next 10 to 20 years, not the next 10 to 20 minutes,” Matson said on Yahoo Finance’s The First Trade. “As a matter of fact, all the the noble and predictable information about the future is factored in today [into stocks]. Therefore, only random and unpredictable information will change the market going forward.
Over a two-year period, the market does better following a Republican win than a Democratic presidential win , according to numbers analyzed by Fidelity that go back to 1789. When Republicans sweep the House and Senate, the two-year average forward return for stocks is an impressive 12.2%. But when Democrats sweep, stocks return 3.4% over a two-year span.
With all this uncertainty on the election, maybe Matson has a point — invest for the year 2040 and don’t look at your trading account until then.
If your time frame is less than ten years and Biden wins, you might want to seriously consider getting out if the market. You can always buy back in when it tanks.
Send me a quick hot stock in invest
SAFETY FIRST‼️ NONE OF US CAN AFFORD TO TRUST TRUMP TO PROTECT OUR WELL-BEING & RIGHTS FOR 4 MORE YEARS. HIS TRACK RECORD PROVES IT‼️ ON TRUMP’s WATCH: COVID (136K DEAD, 42M NEED JOBS), 19K LIES & RUSSIA. HE CAN’T EVER BE BELIEVED/TRUSTED cc Scaramucci
The market likes certainty and you will get more of that with Biden than Trump
Bidenbluewave20 vpkamelaharris
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »