US Election 2016: Market Did Not React… Neither Should You
Good morning,
What a whirlwind of an evening!
The markets seem to be reacting positively to Donald Trump’s election…the DOW is up 1% currently despite the DOW futures being down 600-800 last night.
There is no way to predict what will happen as we move further into the next presidency, but as with other volatile elections and major world events, we plan to stay the course with our target investment allocation. The whole idea of asset allocation is that we do not react emotionally or make large changes based on what is happening in the economy. That’s why it works.
We understand it is hard to not be the “emotional investor” during times of change and uncertainty but we urge you to not make any gut reaction decisions.
If you are feeling like you may be less risk tolerant, your goals have changed or if you have any questions about what is happening in the economy, please feel free to give us a call. We would love to speak with you.
253-627-6010
Just remember to breathe..we will get through this.
Best,
Ali A. Criss, CFP