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Presidential Elections and Your Investment Success are Not as Related as You May Think

Election Anxiety Investment

Five Tips for Moving Forward if You’re Anxious About Your Portfolio in an Election Year

Are you concerned about what the presidential election may mean for the markets? If so, you’re not alone. Investors always tend to get anxious in an election year, and this one seems fraught with quite a bit more angst and uncertainty than usual. Still, if you’re tempted to get out of the market for a while and let things “blow over,” we suggest you take a beat.

Here’s why: Much of what we hear in the news, or even in conversations among our family and friends, can lead us to believe that there is a strong correlation between who sits in the White House and how the markets perform. Many people are convinced their investment prospects will be sunk if one candidate or the other wins this election, but that’s simply not the case. History and market data show no correlation between the person/party of the U.S. President and the success or failure of the stock market.

So, if you’re facing serious investment anxiety because of this election, below are five tips to help you move forward into the unknown with a bit more confidence.

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Five Ways to Ensure Your Money is Bringing You Happiness

cheerful man in park

Money makes us happy, doesn’t it? Well, not necessarily. Money and happiness researcher Elizabeth Dunn says there are five key principles to live by if you want to derive maximum happiness from your money. In her book Happy Money: The Science of Smarter Spending, co-authored with Michael Norton, Dunn says there are five keys to money happiness:

  1. Buy Experiences
  2. Make it a Treat
  3. Buy Time
  4. Pay Now, Consume Later
  5. Invest in Others

Dunn doesn’t try to convince you to spend less, just to make sure you’re getting the most intrinsic happiness possible from your spending. Let’s delve deeper into each of her five principles.

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WellAcre Global Wealth Advisors is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where WellAcre Global Wealth Advisors and its representatives are properly licensed or exempt from licensure.  This website is solely for informational purposes.  Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by WellAcre Global Wealth Advisors unless a client service agreement is in place.