EP151: Investing During an Election: The Worst Mistakes to Avoid
With only 11 days until the election, many of us are wondering what we should be doing when it comes to our investments?
Should we pull out our money now?
Should we wait until after the election to see what happens?
What if we don't know who the president is on November 3rd?
What about other uncertainties that could have an effect on my investment portfolio?
Inside the episode I am going to break down...Investing With Uncertainty?
Sure, there will be volatility when there is uncertainty in the markets. But how should we manage this and what have we learned from the past during an election year?Should I wait until after the election to invest?
I am going to show you 22 different election cycles and let you make the decision based on the past century when it comes to investing before, during and after an election.What If Democrat vs Republican President?
Good news, it doesn't matter as much as you think it does. Often Presidents like to take a little too much credit for how the markets did during their presidency, but as you will see it's not just the President...there are MANY other factors too.
Should you cash out of the stock market?But what do the GREATS say?
Why not take advice from some of the greatest investors of all time? Let's see what Warren Buffet, Charlie Munger and Peter Lynch have to say about investing during an election cycle.
Mentioned in this episode
Are you currently living on a plan for your life and money...AKA a budget?
The #1 habit of the most highly successful people is they are proactive. They don't wait for life and money to happen to them, they happen to their life and money.
If you haven't started yet, now is the best time to start living on a simple budget. It's time to be proactive.
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Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.
If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.
All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session151