Despite the uncertainty, there are some general thoughts circulating throughout the industry about what might take place as the election race continues and a new President takes office. Forecasts are predicting a general market correction of 10-15% near the end of the year, coinciding with the uncertainty of who will take office and the Fed’s plans to raise interest rates. Additional moderate volatility is possible as we move into the first year of the new President’s term in 2017.

These forecasts coincide with historic trends. Moderate turbulence may be afoot, but it looks to be highly manageable for individual investors by continuing to make smart, strategic decisions. Our advice for navigating the election year waters?

• Don’t invest for the short term. Long-term vision is a smart strategy.
• Know your limits. Don’t invest too aggressively for your risk tolerance.
• Set aside plenty of reserves to weather through any bumps that might arise.