Election Highlights Investors’ Need to Focus Priorities

It’s no secret that this past election season was full of emotional ups an downs. No matter what side of the political line you fall on, everyone noticed the impact that the election had on the financial markets. That’s because financial markets like certainty, and when anything deviates from a sure-thing, they tend to become volatile. However, in this particular instance, once calmer investors pushed through, the markets returned back to their normal state. In fact, the Dow Jones has hit record highs throughout the end of November 2016.

The important lesson to take away from these moments is that keeping things in perspective is always a priority.  Attempt to rise above the herd mentality that surrounds the market – just because everyone else is buying and/or selling doesn’t mean you need to, too. On the flip side of things, don’t let yourself feel too secure just because the market is hot.

Focus on what you can control as an investor while ignoring the noise of the in-the-moment political or financial world markets. The only thing you can control is investing in yourself. Your human capital may not be the most immediately financially lucrative investment – but it does lead to a more well-rounded and fulfilling life.

Read more in our article on Columbia Daily Tribune.

As a financial planner specializing in comprehensive financial planning, Tim enjoys helping clients in Columbia, MO with managing their taxes, financial risks and other financial issues.

If you would like to learn more about this and other personal financial planning topics serviced by Clarity Financial please contact us at 573-447-7007. Clarity Financial, LLC is a fee-only financial advisory firm in Columbia, MO. Appointments are welcome and initial consultations are free. 

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This article is the property of Clarity Financial LLC.