Election Day can bring both excitement and anxiety. One financial expert is urging people to not let potential political shifts rattle their investment portfolios.
As millions of Americans cast their ballots on Election Day, November 5, they’re not just choosing political leaders – they may also be feeling pressure to rethink their financial strategies. Election results can bring emotional responses, especially when it comes to personal finances. But, reacting impulsively to political outcomes could jeopardize a solid financial plan.
Old Dominion University Economics professor, Dr. Bob McNab shed light on how savings and investments could potentially be impacted by the election.
“This presidential election, you have two candidates with very different policy proposals that are going to impact the stock market and potentially real estate prices,” said McNab. “If there’s… broad-based tariffs, for example, levied on goods imported not only from China but from Europe, then you’re going to see …