Broker Check

Should You Sell? 2024 could be an Election Year Disaster!

December 31, 2023

Should I sell my investments and move to cash in 2024 was the #1 question I got as we approached the end of 2023.  Investors are concerned about the stock market gains of 2023 and the 2024 election year.  But rest assured, unless you have a crystal ball into the future, you should stay invested in a portfolio allocated based on your risk tolerance.  Missing the best 50 days over the last 25 YEARS would have cost you dearly.  Do you think 2024 could have a 'best' day? You're simply guessing if you know when the next 50 days will occur from 2024-2049.