Note: This article is courtesy of Iris.xyz
By Rick Kahler
As we get closer to election day, the most common question people ask me is,“What is the election going to do to my investments?” This is usually followed by, “If ___________ is going to be elected president, don’t you think I should get out now while I have a chance?” It really doesn’t matter whether the blank is filled in with Clinton or Trump; many people think one or the other will mark the death knell of the economy.
I’ve witnessed these same concerns in other presidential elections over my 35 years as an advisor. People are always worried that if the candidate they dislike becomes president it will be devastating for the markets and their portfolio.