With this year’s election behind us, you may be wondering if any adjustments are needed for your investment portfolio. While this may sound familiar, history consistently shows that, in the absence of significant personal changes, staying focused on long-term goals is one of the most reliable strategies for financial success.
Markets are dynamic — they move up and down every day. Focusing on the short term can make it tempting to let emotions drive investment decisions, but it’s helpful to view market fluctuations as natural movements within a larger, upward trend over time, regardless of which party holds office. BlackRock’s “Student of the Market” election year special highlights this trend, reminding us that time in the market is what truly matters.
While politics can shape policy, it is the economy’s long-term health and the fundamentals of companies that largely drive market performance. Policy changes inform our discussions and can offer new strategies for shaping your financial outlook, but they’re only one piece of a larger puzzle.
In the end, elections are important, but they’re just part of the economic landscape. By staying focused on your long-term objectives, you build resilience and remain aligned with your financial plan.