2024 election anxiety is weighing heavily on everyday investors
Briefly

78% of investors track interest rates, with 52% moving money for higher rates and 32% changing investments. 50% increased high-yield savings and 42% raised cash holdings.
26% of investors are optimistic about the election. Those with over $1 million portfolios are twice as likely to be excited. Partisan reactions vary, pulling back investment funds based on election outcomes.
60% of investors feel positive about their financial future, with 55% growing more positive in the last six months. Top concerns: inflation (38%), election (27%), and debt repayment (26%).
"Investors are anxious about the upcoming elections, but this anxiety isn't driving significant shifts in their investment strategy," - Dan Egan, Betterment's VP of behavioral finance and investing.
Read at Fast Company
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