Fund managers are saying not the worry about your 401(k) during the election. Presidential elections historically have not had a big impact on stocks over the long term but that’s not to say that investors won’t overreact to the outcome of the election or politics in general. Key Takeaways:
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A broader drop in the market is likely to occur if Donald Trump takes the presidency.
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A democratic president would result in a continuation of the status quo.
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Your 401(k) isn’t totally in the clear - fund managers are forecasting subdued returns no matter who takes the presidency.
Read more: http://libn.com/2016/11/03/fund-managers-no-the-election-wont-wreck-your-401k/
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