Tomorrow is a big day for our country.

It’s Election Day, the day when we collectively have a say in who our next President will be — and, depending upon where you live, in your state and local government officials, as well as various ballot measures and propositions. Whatever the outcome(s), we are going to feel all sorts of emotions — crushed, elated, mad, excited, frustrated, hopeful, disappointed.

But how we feel, or how we think we might feel, shouldn’t influence how we invest. Emotions can be our number-one enemy when it comes to investing. Regardless of the election’s outcome, history shows that elections don’t have a significant long-term impact on the financial markets or your portfolio.

Many people have asked whether they should sell out of the market or do something in advance of the election. The short answer for long-term investors is a definitive “no.”

Why? The state of the economy is by far a more important factor in determining market performance than who is governing in the White House. And right now, the US economy is humming, healthy enough for the Federal Reserve to pivot to lower interest rates.

How significantly will the election impact the financial markets or your portfolio? It’s a question Ellevest Chief Investment Officer Dr. Sylvia Kwan has been asked a lot lately. Read her answer and find out what to do with your investments, whatever the election outcome.

🗳️ Voting is power

And when you don’t vote, you abdicate that power. If you’re reading this before polls close and you haven’t yet voted, here’s your reminder to save this newsletter for later and get yourself there.

More November events

• FREE: Estate Planning Overview: In this live, 45-minute workshop, an Ellevest CFP® pro will cover everything you need to know about estate planning (including the importance of doing it, especially for women).
  WEDNESDAY @ 3 PM ET: Save your spot
• FREE: Monthly Market Insights Webinar: A live webinar explaining the markets with Emily Green, Head of Ellevest Wealth Management, and Ankur Patel, CFA®, Vice President of Ellevest Private Wealth Investments.
  NOVEMBER 12 @ 3 PM ET: Save your spot
• FREE: Countdown to Tax Season: We’re bringing this workshop back for a limited time to help you get ahead of your taxes this year with the help of a tax pro.
  NOVEMBER 19 @ 12:30 PM ET: Save your spot

“Women should be in positions of leadership in every walk of life, bringing the voices of women to where important decisions are made.”

— CEO Sallie Krawcheck, who built Ellevest to get more money (and therefore, power) in the hands of women. If you’d like to join in this mission, start investing with Ellevest today.