Well, an anxiety-filled election week has come and gone, but many questions remain. Schwab just released a very good piece answering some of the most frequently asked questions that they and we at DWM are both hearing.
Please click here to see more on Schwab’s “Election Results & Market Impact: FAQs”.
In summary, while there remains a lot of uncertainties and challenges in the short-term, our path to a return to normalcy is so much clearer now in big part given the recent surprisingly positive news on vaccines. We urge investors to stay the course and don’t let emotions drive your investment actions. It’s only a matter of weeks until we’ll have 2020 in our rearview mirror. Cheers to that!
Detterbeck Wealth Management is a fee-only financial planning / wealth management company with offices located in Palatine, IL (Chicago area) and Charleston, SC areas serving clients locally and across the country. To contact us about setting up an appointment, please see our contact us page