The presidential election has left many people wondering when’s the right time to add to their personal stock portfolios. Some are worried that the election results could significantly shift stock values downward, while some think that values will stay the exact same.
The majority of respondents to our latest poll on the blog and on LinkedIn said that they did not wait until after the election to invest. This seems like a good idea, with financial experts and investment advisors encouraging clients to keep investing before and after the election.
Experts and advisors recommend that regardless of the election, make sure that you have a plan. Things to consider when creating your plan include:
- Delving into market segments that are currently missing from your portfolio
- Buying up value stocks
- Focusing on growth stocks
- Loading up on dividend stocks
- Playing it somewhat safe by putting your money into index funds, which offer instant diversification
Have questions? Annex Wealth Management can help you create a plan that fits your unique situation regardless of election results. Head to our website and click on the ‘Get Started’ button for more information.