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Financial Senior Voice of Hernando County • OCTOBER 2020 • 19
Vote for a Solid Investment Strategy
By Tonia adjustments.
Warncke Over time, your goals may your investment strategies.
Financial Many other changes, though, change, too. Perhaps you’ve
Advisor are hard to predict. It’s decided that instead of retiring Here’s the key point: You’re
Edward early and traveling around the the one electing to make these
Jones possible that future legislation changes. No matter what
could affect specific world, you now want to turn
Tonia.Warncke@ your hobby into a business. happens in this or any other
edwardjones.com industries, either positively or election, be sure to “vote”
Election Day is around the negatively. Such moves could Changing this goal may for the strategies that have
corner. As a citizen, you may also influence the way you require a different investment the potential for a winning
feel the results will affect look at certain investments, strategy. Or you might change outcome.
many aspects of life in this but if you have a diversified your mind about where you
country. But as an investor, portfolio that contains a broad want to live – instead of This article was written by
your situation probably won’t mix of stocks, bonds and staying in your home, as Edward Jones for use by
change after the votes are other securities, any actions originally planned, you might
counted. affecting one particular downsize and move to a your local Edward Jones
industry probably won’t cause different area. Your goals may Financial Advisor. Edward
No matter who wins, the you to significantly adjust change in many ways, all of
financial markets may well holdings invested in other which may warrant updating Jones, Member SIPC.
show some politically driven sectors.
volatility, but that often
happens around elections and In any case, while it may
it typically doesn’t last long. be a good idea to keep an
But what about the longer eye open for things like tax
term? How might changes in rate changes or how new
policy and new legislation policies may affect different
affect your investment market segments, your
outlook? main emphasis, in terms of
your investment decisions,
To begin, keep in mind that should remain on your goals
many campaign promises and what you need to do to
remain just that – promises. achieve them.
And even when some of them
are enacted, any ultimate At least once each year,
legislation may be quite review your portfolio
different from what was carefully to make sure your
proposed on the campaign investments are aligned
trail. with your goals, whether
they are short-term (a new
Still, sometime in the future, car, a long vacation and so
we could see election-related on) or long-term (such as
changes that could affect college for your children or
your investment strategy. a comfortable retirement).
For example, over the years, Periodically, depending on
we’ve seen many adjustments what’s happening in your Celebrate Diversity
in the tax rates of capital life and the progress of your
gains and stock dividends, investment portfolio, you may
and it’s likely these rates need to evaluate your goals
will change again one day. to ensure they’re prioritized Tonia L Warncke, AAMS® edwardjones.com
When that happens, you may appropriately to help keep Financial Advisor Member SIPC
need to look at the equities you on track toward achieving 10224 Yale Ave
Spring Hill, FL 34613
portion of your portfolio to what’s most important to you. MKD-10514B-A 352-597-2996
see if you want to make some
