John Buckingham was featured in Financial Advisor Magazine’s article, Don’t Change Investment Strategies Because Of Elections.
The Father of Value Investing Benjamin Graham said, “The investor’s chief problem—and even his worst enemy—is likely to be himself.” This is because emotionally driven decisions can ruin a perfectly good long-term financial plan.
We are just a couple of months from the 2024 Presidential Election, so we know that it isn’t easy for many to keep emotions in check as investors are being bombarded by campaign materials designed to evoke an emotional response. For example, two letters hit my mailbox on the same day in July, one from each party with not-so-nice rhetoric.
No doubt, politics can be nasty, but it has often been the case. Yes, history is full of seemingly positive slogans like Tippecanoe and Tyler Too, I’m Just Wild About Harry or I Like Ike, but a Google search shows it isn’t always, Happy Days are Here Again or A Chicken in Every Pot and a Car in Every Garage.
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FA Magazine: Don't Change Investment Strategies Because Of Elections
