What will today’s presidential election do to your portfolio?

Last Friday, October 30, we asked our members the following question:

Do you think that the outcome of the American presidential election will influence the stock market in any meaningful way?

The answer choices were “Yes”, “No”, “Maybe” and “I don’t know”.

41% opened the email (the average is 30%) and here is what we got.

Yes – 53.6% No – 28.6% Maybe – 10.7% I don’t know – 7.1%

While presidential election cycles do influence stock market returns, it is not always in the same way.

For details on this issue, see the October 26, 2020, Kiplinger Newsletter article titled How Presidential Elections Affect the Stock Market by Anne Kates Smith and Kyle Woodley.

However, when it comes to your portfolio, it never mattered much which party won the White House in the past.

Whether Biden or Trump wins today, simply stay with the Monday Morning Program’s the six habits of and prosper.

We have designed the Monday Morning Millionaire Program to offer abstracted investment education. Over the last two decades, the program has outperformed over 90% of portfolios, including professionally managed ones.

The program does not provide any investment advice or endorsements.

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