Given the upcoming presidential election in 2024, we thought it would be a great time to look at data from prior election cycles. We think minimizing emotions and focusing on data is critical when investing. As can be seen in the charts below, whichever party holds office has not typically had much bearing on investment performance over time.
Source: BlackRock
Given this data, we encourage investors to try to tune out the political noise as best as possible in 2024 while maintaining exposure to the market. There will no doubt be volatility throughout this election year, but if history is any guide, staying invested regardless of the election rhetoric and outcome is likely to reward patient investors.
Should you have any questions about your individual portfolio, please don’t hesitate to reach out to one of our team members or your advisor. We’re here to help!
