Many people with whom I speak are expressing anxiety about the effect of the election on their investments. They ask how they can insulate their portfolio from potential volatility.

I liken the feeling to being in a traffic jam. Our instinct is to switch to a lane that is moving faster. As soon as we switch lanes, however, that lane slows down and our previous lane speeds up.

Likewise, when daily stock fluctuations make you look for more stable or better performing investments, fight the feeling. The investments you sold could be the next ones to show solid growth.

It's generally not worth changing lanes — or investment plans — in the short-term. It is impossible to predict the short-term effect of the election on the stock market. Keeping the long-term (10+ years) in mind is the most effective way to reach your destination.

The annual Social Security Trustees' report is an excellent case in point. Our article reviews the short-term financial health of the system as well as the long-term challenges the program faces. Social Security should be around for the long-term, but changes are needed if the system is going to pay full benefits.

Social Security also announced the 2021 Cost of Living Adjustment (COLA) — 1.3% — as well as new earnings limits and maximum earnings subject to Social Security payroll taxes.

Finally, the JRB's Fall Israel Bonds Offering is coming soon. Watch your email for more information.

Please know that you can always reach out to the JRB to discuss any aspect of your financial and retirement plan. We are just an email or phone call 888-JRB-FREE (572-3733) away.

L'Shalom,