This month’s Asset Allocation Survey special question asked AAII members what, if any, investment decisions they are postponing until after the outcome of the election is known. Slightly more than one out of three respondents (35%) said they are not postponing any decisions. Many of these respondents said they are following long-term strategies or are looking past the election. Approximately 20% are postponing buying stocks, particularly adding to their stock allocations. A few said they are postponing buying stocks until after a correction occurs. An additional 3% of respondents said they are specifically postponing purchases of health care and medical stocks. Nearly equal numbers of respondents (8% for each group) are postponing all investment decisions, holding onto cash or adjusting their portfolio’s allocation.
Here is a sampling of the responses:
- “The elections have no bearing whatsoever on my long-term investment goals.”
- “Postponing purchases of new stock.”
- “I will not be investing any additional funds until after the election.”
- “Would like to deploy another 10% to 15% into stocks after the election, if there is a pullback.”
- “I’m not postponing any decisions. I’m looking at the state of the market, not the election.”
Want to weigh in? Take the survey yourself and see results online at: http://www.aaii.com/assetallocationsurvey.
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