Trump is in. In response, some people are lightning up on their investments while others are adding. But timing the market is hard. When investors first found out Trump was likely to win, stocks fell a stunning 5%. If you were someone who sold at that point, you have given up 7% of gains since then. That's an average year's worth of gains. Timing the market loses more often than it wins. Staying invested and letting your portfolio grow over the decades has historically been a winning strategy.
Larry Pike, CFA
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