As investors brace for market volatility caused by the US presidential election, especially in the case that the final outcome is delayed, Mahoney Asset Management CEO Ken Mahoney joins Catalysts Hosts Seana Smith and Madison Mills to discuss how retail investors should be thinking about playing election volatility.
Mahoney Tells Retail Investors, “Don’t Get Involved in This.”
As the US presidential election nears, investors are facing uncertainty and potential market volatility. With the possibility of a delayed outcome, many are wondering how to navigate through the turbulent times ahead. Ken Mahoney, CEO of Mahoney Asset Management, believes that retail investors should proceed with caution and avoid getting too involved in the election-related fluctuations.
Education is Key
In times of increased market uncertainty, the importance of educating oneself cannot be overstated. Retail investors should take the time to understand how the election could impact the economy and various sectors. By staying informed and being aware of potential risks, investors can make more informed decisions and avoid making rash choices based on emotions.
Focus on Long-Term Goals
While election-related volatility may tempt investors to make quick decisions in an attempt to capitalize on short-term gains, Mahoney advises against it. Instead, he recommends focusing on long-term investment objectives and staying true to your financial goals. By maintaining a disciplined approach and avoiding knee-jerk reactions, investors can increase their chances of success in the long run.
Remain Profit-Focused
Amidst the uncertainty and chaos surrounding the election, it’s crucial for investors to stay profit-focused. Rather than getting caught up in the day-to-day market fluctuations, Mahoney suggests looking at the bigger picture and keeping your eyes on the ultimate goal of maximizing returns. By staying focused on profitability, investors can weather the storm and emerge stronger on the other side.
Embrace the Intensity
As the election draws near, the intensity in the market is bound to increase. While this may be intimidating for some, Mahoney sees it as an opportunity for growth and potential profit. By embracing the intensity and remaining vigilant in monitoring market developments, investors can position themselves for success in the midst of uncertainty.
How This Will Affect Me
As an individual investor, the volatility surrounding the US presidential election could have a significant impact on your portfolio. It’s important to stay informed, remain disciplined, and focus on long-term goals to navigate through the turbulent times ahead. By avoiding knee-jerk reactions and staying profit-focused, you can increase your chances of success in the face of uncertainty.
How This Will Affect the World
Global markets are closely watching the US presidential election, as the outcome could have far-reaching implications. Any delays or uncertainties in the final results could lead to increased volatility and uncertainty across the world. It’s crucial for investors and policymakers to closely monitor the situation and take proactive measures to mitigate the potential impact on the global economy.
Conclusion
As the US presidential election approaches, investors are bracing for potential market volatility. Mahoney Asset Management CEO Ken Mahoney advises retail investors to proceed with caution, stay educated, focus on long-term goals, remain profit-focused, and embrace the intensity in the market. By staying informed and following a disciplined approach, investors can navigate through the turbulent times ahead and position themselves for success in the face of uncertainty.
