Page 29 - Southern Exposure - October '24

Southern Exposure, Page 29

FInanCIal FoCus ®

Vote For Solid Investment Strategies

By Sally Sima Stahl

With the presidential look to other factors to drive your investment decisions. your local Edward Jones Financial Advisor, Edward
election just a few weeks These factors should include the following: Jones, Member SIPC.
away, the public is naturally • Your goals – You probably have short- and long- Edward Jones is a licensed insurance producer in
interested in not just the term goals you’d like to achieve. For your short-term all states and Washington, D.C., through Edward D.
outcome but what the goals, such as a wedding, a down payment on a house or Jones & Co., L.P., and in California, New Mexico and
results will mean for issues a long vacation, you may want to invest in instruments Massachusetts through Edward Jones Insurance Agency
of national importance. As that provide stability of principal. For your long-term of California, L.L.C.; Edward Jones Insurance Agency of
a citizen, you likely share goals, most important of which may be a comfortable New Mexico, L.L.C.; and Edward Jones Insurance Agency
these concerns—but how retirement, you’ll need to own a reasonable number of of Massachusetts, L.L.C.
about as an investor? After growth-oriented investments. Edward Jones, its employees and financial advisors
the votes are counted—or • Your risk tolerance – When you build and maintain cannot provide tax advice. You should consult your
even before—should you your investment portfolio, you’ll need to accommodate qualified tax advisor regarding your situation.
make some moves in anticipation of possible changes in your individual risk tolerance. All investments carry Contact us at (561) 748-7600, Sally Sima Stahl, CFP ,
®
policy? some type of risk, but you need to be comfortable with AAMS , 1851 W. Indiantown Road, Ste. 106, Jupiter, FL
™
Let’s look at the big picture first, through the lens of the overall risk level of your investments. 33458.
history. The financial markets have performed well—and • Your time horizon – Where you are in life is an
at times, not so well—under Democratic and Republican important consideration when investing. When you are
presidents alike. And the same is true about which party young and just starting out in your career, you may be able
controlled Congress. to focus more on growth, as you have time to overcome the
While it might be an overstatement to say that decisions inevitable short-term market downturns. But as you near
made in Washington have no effect on the markets, it’s retirement, you may want to consolidate any gains you
not always so easy to draw a direct line between what may have achieved, and lower your risk level, by moving
happens there and how the markets perform. For one your portfolio toward a somewhat more conservative
thing, political candidates often make promises that are approach. Even in retirement, though, you will need some
not fulfilled, or, if they are, have different results than growth potential to stay ahead of inflation.
intended. Also, other institutions can have a significant • Your needs for liquidity – As you invest, you’ll
impact on the markets. For example, the Federal Reserve, need to maintain an adequate amount of cash and cash
which controls short-term interest rates, can certainly equivalents in your holdings. Without this liquidity, you
affect many market sectors. And there will always be might be forced to sell long-term investments in case you
external events, such as foreign conflicts and even have unexpected expenses.
natural disasters, that can make short-term impacts on In any case, when it comes to investing, you may want
the investment world. to pay less attention to what names are on the ballot—and
So, rather than making changes to your portfolio in instead “vote” for the longer-term strategies that reflect
anticipation of what might happen if certain candidates your needs and goals.
get elected, or even in response to actual policy changes, This article was written by Edward Jones for use by

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