Greetings,
This time of year feels to be a bit more spooky with the election looming just days away. Elections invoke a different kind of fear, especially in recent years it seems. Few of us like change much and the market often gets more volatile during uncertain times. Usually the conclusion of an election brings some stability no matter what the results. Looking at market history during different political regimes helps put things in perspective. As shown in the (linked guide), there is no statistical evidence of favoritism towards one party or the other. A strong economy, driven by corporations and consumers, is what has the most say in how markets perform in the long run. Hope you’ll find the statistics in this piece interesting and helpful.
During times like these it’s even more important to zoom out and focus on the big picture: your specific situation and the financial plan you have in place. As long as your financial plan is solid, staying focused on the long-term will help to insure that short-term fluctuations won’t impact important financial decisions.
As always, please don’t hesitate to contact us with any questions or concerns you may have about your own plan or current investment related issues!
Best,
CFS Team
ADDRESS
243 SW Scalehouse Loop, Suite 1A,
Bend, OR 97702
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A Registered Investment Advisor
Investment Advice is offered through Cascade Financial Strategies, a registered investment advisor licensed in Bend, Oregon, California and Idaho (We also operate in other states under the "de minimis" exemption, meaning having five or fewer clients within that state).
An investment advisor or IA rep may only transact business in a particular state after licensure or satisfying qualifications requirements of that state, or only if they are excluded or exempted from the state’s investment advisor or IA rep requirements; and follow up, individualized responses to consumers in a particular state by investment advisor or IA rep that involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for compensation, shall not be made without first complying with the state’s investment advisor or IA rep requirements, or pursuant to an applicable state exemption or exclusion. For information concerning the licensure status or disciplinary history of an investment advisor or IA rep, please do not hesitate to contact your state securities law administrator. Cascade Financial Strategies