Every year as Election Day nears, investors are bombarded with tips and tricks on how the outcome will impact their portfolios: which sectors to get into, which ones to get out of in hope of making a profit or avoiding a loss.
The problem with this approach is that election outcomes are hard to predict. And even if you’re right, things may not pan out as you’d expected. Which is why the soundest investment strategy around investment time is not to set your investment strategy around election outcomes.
I decided to explore this theme further in a piece I recently wrote for the Washington Post’s quarterly investment outlook – “A vote for your portfolio”. Click here to check it out.