4 Things to Remember If You're Worried About a Post-Election Crash
The aftermath of the 2020 presidential election has caused tremendous anxiety regardless of your political leanings. Even with markets having roared higher in the week of the election, tensions among investors are still running high. It's completely natural to want to make adjustments to protect yourself, and this especially rings true when it comes to your retirement savings and other market investments.
It's always crucial to manage your emotions and avoid making adjustments to your investments in any challenging situation -- even if it means exercising a superhuman level of self-control. Below you'll find four reasons to stay calm should the market tumble in the coming days and weeks.
By agreeing to invest in the stock market in the first place, you implicitly sign up for volatility. In other words, you understand that market values fluctuate day to day and you are willing to accept that risk for the promise of inflation-beating long-term returns. If you see your index funds fall by a few percentage points in a single day, it's important to remember that this is nothing more than a benign by-product of everyday investing.
Source Fool.com
