2020 has been one of the strangest and most challenging years in anyone’s memory and unfortunately we’re not likely to experience much normalcy in the lead up to 2021.
The November 3rd U.S. election and the expectation of a continuation of a second wave of COVID19 cases globally will create more challenges and outright problems for many people.
Given the likelihood of more negative news feeding into our daily lives I wanted to share a few thoughts from a wealth management perspective.
- You’ve got a good plan in place, it’s built based on you and your goals, it should only change if you change
- Don’t get caught up in the headlines, you are positioned for the long-run, things will get sorted out and markets will move forward
I have attached links to two interesting articles that give some very good examples of what I’m referring to.
https://bit.ly/3m4iu0B – Martin Pelletier, Financial Post – The biggest threat to your portfolio right now is youhttps://cnn.it/3oh3ePZ – Matt Egan, CNN Business – Wall Street could call the 2020 election before the media does
And, specifically on the topic of the US Election, if you’re nervous about how the results may affect your portfolio at BFS, let’s talk NOW not on November 4th.