Should you prepare your portfolio for a possible “Blue Wave” election?Schwab’s Investment Management team looks into the potential effect it could have on the global markets. If you’d like to be a millionaire, there are 3 habits to form now. That’s according to CPA Tom Corley, who spent 5 years studying 177 of them. People often disagree on which political party is best for the markets. Schwab offers a chart to clear the air on both sides.

Global Impact Of A “Blue Wave” Election Outcome — The election outcome, its ability to drive any changes to legislation and the markets’ reaction to those changes is at least three degrees of separation. Investors should consider all the potential variables before making any changes to their portfolios. Let’s look at the possibilities and their potential consequences on global markets for taxes, labor, the environment, oil and trade. Read more…

177 Self-Made Millionaires Described Their Wealth-Building Habits: Here Are 3 Of The Best. — CPA Tom Corley spent five years studying the habits of 177 self-made millionaires for his book, Effort-Less Wealth: Smart Money Habits At Every Stage of Your Life. He shares three of their most productive habits. Read more…

Chart In A Minute: A Non-Partisan Investment Strategy For The Win — As political tensions boil ahead of the 2020 U.S. presidential election, you may be asking, “Which party is tied to the highest stock market returns while in the White House?” The truth is that employing a nonpartisan buy-and-hold strategy would have generated substantially higher returns than investing only when a Republican or Democrat was in the Oval Office. Read more…

John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller

 

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