As of this writing, the US election remains undecided. No doubt many of you were glued to your television last night and upon waking, we continue to find ourselves on pins and needles.

While I have no intention of predicting a winner I would like to remind you (as it relates to your investment portfolio) of what really matters. Over the next few days we will likely see a great deal of market volatility and that’s okay, for the following reasons:

• You own great companies that will continue to do business regardless of the outcome.
• Your portfolio is well diversified with interests in many different sectors.
• The time horizon of your investment portfolio is longer than one day/week. We are not speculating on an election result but investing in companies for their long-term potential.
• History has shown us that business (and life) marches on regardless of political leadership. What may seem all-important today has a way of quickly becoming old news.
• On this point I’m going to sound like a broken record but it bears repeating - the media is masterful at grabbing and holding our attention. It is an abusive relationship and one from which we all should try a little harder to break free.

As always, Amanda and I are here for you and welcome your calls and/or emails.

Libby

 

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