Set your sights on the long term
“The only limit to our realization of tomorrow will be our doubts of today.”
— Franklin D. Roosevelt
Among investors, FDR’s “doubts of today” may seem especially prevalent during presidential election years when debating and politicking spotlight the country’s challenges. Concerns over how a presidential change will affect the economy, taxes and markets compound the worries.
Yet even with the Oval Office at stake and election year rhetoric amplifying our challenges, it’s important to look beyond the negativity and focus on your vision for the future.
To help you stay the course, consider the following:
Though today’s challenges seem unique, investors have faced similar scenarios before.
No period is without uncertainty, but successful investors stay the course, relying on time rather than timing.
Historically, investment success has depended more on the strength and resilience of the American economy than on which candidate or party holds office.
The discipline, experience and time-tested process of your investment manager can be an important contributor to your long-term investment success.