3 Reasons Not to Worry About a Stock Market Crash After the Election
Will the results of the upcoming presidential election send stock values plummeting? We can't predict how stocks will fare this November, but it's fair to assume that there may be some volatility once the results of the presidential election come through. Many investors are worried about this, but they needn't be. Here's why you shouldn't panic about the idea of a stock market crash following the election.
The best way to lose money in stocks? Sell when they're down. The results of the election could cause stocks to react unfavorably, but if you pledge to leave your portfolio alone until stocks recover, you won't actually suffer any financial losses.
You can help ensure that you're able to leave your investments untouched, however, by padding your emergency savings in the coming weeks. That way, if you need money, you'll be able to access it in cash instead of being forced to liquidate investments.
Source Fool.com
