One lesson that we all took away from the 2016 election is that anything can happen. We have fielded calls from several clients recently expressing concern over the coming election. Some have suggested that they are considering selling out now hoping to buy back in later at lower prices. This can be dangerous territory in trying to time the market!
Investors often wonder whether the market will rise or fall based on who is elected president. The data show that capturing the long-term returns of the capital markets does not depend on which party controls the White House. In a recent webcast, Dimensional’s Mark Gochnour and Jake DeKinder offered lessons from history. It’s worth the 3 minutes of your time to watch. Watch the Webcast
As always, we welcome the opportunity to discuss this with you personally.