Today’s your last day to get in on the stock market’s 2020 easy money.
Consider the following graph, lifted from a recent Forbes article.
In case that fine print is too hard for you to read, it shows the trend from 1926 to the present day for ROI (return on investment) of $1 in the stock market, pre-election to post-election. And the Y-axis goes from $1 to $10,000. Yes, you heard me. Ten. Thousand. Dollars.
The moral of the story? Markets hate uncertainty. Therefore, market volatility is usually high, pre-election. But after election results are known? Volatility and uncertainty both go down, while the market over all goes up pretty much no matter who wins, Red or Blue. Don’t believe me? Look at that graph again. So, if you’re in a buying mood, today’s your day for easy money. And if not? Well, hey, there’s always real estate – as outlined in a previous post here.
But remember…
“Past performance is no guarantee of future results.”
You been warned.