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Election Day Investment Playbook
by Dane Czaplicki on Nov 04, 2024
VOTE, Make Popcorn, Watch Results, Get Back to Investing
As Election Day approaches, it feels like much of the world is holding its breath, waiting to see how the results will shape the landscape ahead. I felt this shift even on my run this past weekend – my running partner, who usually speaks to any topic but politics, couldn’t help but bring up the topic. The intensity out there is undeniable, and whether you or I are usually political or not, this season pulls us all in.
At Members’ Wealth, we stand by one core election belief: life goes on, regardless of the election outcome. The markets will open on Wednesday morning, just as they do most every day, and we will continue to make investments for our clients, keeping in mind their unique goals and long-term aspirations. We’ve been here in years past, through election cycles with delayed results and swift decisions alike. The markets kept moving, and we kept working, adapting strategies to navigate any turbulence that did or may arise.
So, what is on our minds right now?
Interest rates. They’ve been moving higher, and while that’s advantageous for generating income, at a certain level, they can create pressure on other rate-sensitive assets. Interest rates reflect much about the economic environment, but as we’ve learned over the past few years, predicting market behavior based solely on rates and inflation trends isn’t foolproof. Inflation may have slowed, but it hasn’t entirely stepped out of the ring – it’s something we continue to watch carefully.
At Members' Wealth, we remain fully invested according to our clients’ goals, and as rates rise, we’re actively watching for entry points that can provide higher yield opportunities. If there’s any post-election stock market volatility – particularly to the downside – we may view it as a buying opportunity, of course, with careful consideration of the broader economic factors at play.
So, as you head to the polls, remember to do your part, VOTE, and then settle in for what promises to be an eventful evening. And rest assured that on Wednesday morning, we’ll be here, ready to position portfolios for whatever the future brings. Our mission remains the same: helping you reach your financial goals so you can live the life you aspire to.
About the Author – Dane Czaplicki, CFA®
Dane Czaplicki is CEO of Members’ Wealth, a boutique wealth management firm that offers a comprehensive approach to serving individuals, families, business owners, and institutions. The firm’s goal is to preserve and grow its clients’ wealth to endure over time, while thoughtfully evolving its strategy to suit an ever-changing world. With over 20 years of wealth management experience, Dane and the Members' Wealth team thrive on bringing clarity and confidence to clients' unique situations. He believes everyone needs sound financial advice from someone whose interests are aligned with theirs, and is determined to put service before all else.
Dane received his MBA from The Wharton School of Business at the University of Pennsylvania and his bachelor’s degree from Bloomsburg University. Outside work, he enjoys spending time with his wife and kids, hiking and camping, reading, running, and playing with his dog. To learn more about Dane, connect with him on LinkedIn.
To get in touch with the Members’ Wealth team today, I invite you to email info@memberswealthllc.com or call (267) 367-5453.
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Investment advisory services are offered through Members’ Wealth, LLC., a Registered Investment Advisory Firm.
Registration with the SEC does not imply a certain level of skill or training. We are an independent advisory firm helping individuals achieve their financial needs and goals
Members’ Wealth does not provide legal, accounting or tax advice. Please consult your tax or legal advisors before taking any action that may have tax consequences.
This commentary reflects the personal opinions, viewpoints and analyses of the Members’ Wealth, LLC employees providing such comments, and should not be regarded as a description of advisory services provided by Members’ Wealth, LLC or performance returns of any Members’ Wealth, LLC client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this commentary constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Members’ Wealth, LLC manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results
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