Should the election change your investment mix?
It’s the investor equivalent of announcing: “If that guy wins, I’m moving to Canada.” According to a recent survey by insurer Allianz Life, about 40% of voters aged 55 to 65 say that they plan to change their portfolios depending on who wins the election.
- Reuters
And as Encore contributor Catey Hill reports today, for most that change would mean reacting defensively in response to a win by the man they dislike. “Voters who identified themselves as Republicans or Democrats generally said they were likely to invest more conservatively if the opposing party won the White House,” she writes, adding that “many Republicans also said they would invest more aggressively if Mr. Romney won.”
Continue Reading