How Do Election Years Affect Investing Behavior?
During presidential election years, a question that often comes up is how do markets fare when a Democrat versus a Republican controls the White House?
In this episode of our Perspectives series, our colleague, Buckingham's Chief Investment Officer Kevin Grogan provides insight into the impact of presidential administrations on investor behavior. The historical data show there isn’t a statistically significant difference in market performance, regardless of who’s in power. However, an individual investor’s optimism about the party in power may impact their investment performance – and we’d encourage you to stick to your long-term plan no matter what happens this election year.
Beacon Hill Private Wealth is an independent, fee-only, fiduciary investment advisor providing evidence-based wealth planning solutions that simplify our clients' financial lives. Founder Tom Geoghegan, CFP®, CIMA®, CPWA®, RMA® is also a member of the National Association of Personal Financial Advisors (NAPFA).
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