Tuesday was the climax of a campaign season that seemed to last as long as a US President’s term in office. Whether you found the outcome favorable or not, one thing is still certain: your goals are monumentally more important than any election. Your objectives for your money outrank any speeches or campaign promises. The decisions you make with your money should have been, and continue to be, shaped by your individual goals and nothing else.
As many of you may know, I am a history buff and conveniently, history supports my position. The 3-page essay from Dimensional Fund Advisors, linked below, illustrates how markets have reacted, over the long-term, to presidential elections between 1926 and 2016. Spoiler Alert:
“Over the long run, the market has provided substantial returns regardless of who controlled the executive branch. “