How does the S&P 500 react to presidential elections?Eric Rosenbaum of CNBC says history can tell us what to expect in December. A delayed election result can swing the markets, as Jonathan Ponciano reports for Forbes. The danger of COVID-19 has investors reviewing their estate plans. While it’s surprisingly easy to make an error in selecting your beneficiaries, David Rae describes 5 mistakes to avoid.
Here Is How The S&P 500 Trades After A Presidential Election, According To Market History — The Dow Jones Industrial Average closed out its second-best Election Day ever on Tuesday, with a gain of over 500 points, but that came after some big losses posted the previous week. The winning party is a factor in the short-term market moves after elections. Read more…
The 2000 Election Wasn’t Decided Until December–Here’s What Happened To The Stock Market Then — Markets hate uncertainty, and Wall Street spectators have been saying for weeks that if a dispute is escalated to the point of triggering a legislative or judicial battle, stocks could tank 10% or more in a worst-case scenario for markets. There are two key dates to watch. Read more…
5 Mistakes To Avoid With Retirement Account Beneficiary Selections — It is surprisingly easy and common to make mistakes when designating beneficiaries on retirement and investment accounts. While you may think it isn’t a big deal, mistakes with beneficiaries can be quite costly. You may inadvertently disinherit a loved one or leave money to an ex-spouse. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller