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Fund Managers: No, The Election Won't Wreck Your 401(k)

TedTed
in Fund Discussions
FYI: Worried that the election will ruin your 401(k)?
Don't be, fund managers say, no matter who wins the White House. As long as you're a long-term investor willing to ride through whatever market bumps occur after Election Day, and there certainly could be scary ones, presidential elections historically haven't had much impact on stocks over the long term. Other factors, such as how expensive stocks are relative to their earnings and what the Federal Reserve is doing with interest rates, are more important factors for the market than who sits in the White House.
Regards,
Ted
http://bigstory.ap.org/article/a7d30c817fb74ec0a55e10889156df7d/fund-managers-no-election-wont-wreck-your-401k

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