Investors often fret about the market environment and ask if they should invest now or hold off for a better time. For long-term investors, making regular contributions is more important than when the contributions are made each year. The table below shows there is not much gained by perfectly timing contributions each year.

The market and economy have gone through unprecedented events with a global pandemic, the shut-down of economies, massive government intervention and dramatic market swings. In the wake, marketers and pundits are in full force touting recent short-term results along with market predictions and a slew of slick products to go with them. While things may have stabilized, there is still an abundance of uncertainty. Now is not the time to make dramatic changes to your overall investment approach. Taking a long-term perspective can help to avoid costly mistakes.

With the election year fury reaching its apex, it is easy to believe that political outcomes in November will have a significant impact on your investments. The table below looks at how markets have fared depending on who controls the White House, Senate and House of Representatives. Interestingly the markets have done best when Republicans control Congress and Democrats control the White House.

There are floods of COVID-19 market commentaries on how the virus and government responses will impact the economy and the market. For long-term investors, it’s hard to know what to make of them all. Taking a deep breath and stepping back by reframing with a longer term perspective can help investors avoid costly mistakes. Every decade has its challenges, but even with a myriad of setbacks, the average decade-return over the period below was 204%, so tune out the noise and stick to your plan