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Presidential Election can have an impact on our wallets

Radford University professor Steve Beach weighs in on markets during campaign season.
Radford University professor Steve Beach weighs in on markets during campaign season.(WDBJ)
Published: Jul. 19, 2016 at 7:10 AM EDT
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The Republican National Convention is happening this week in Cleveland, and that means the presidential election is drawing closer.

Politics can have a direct effect on our wallets, when it comes to the stock market.

In this week's Consumer Watchdog, we spoke with Steve Beach, an Accounting and Finance Professor at Radford University.

Beach says it's important for people to invest, even with market fluctuations, and to look at the long-term gains instead of potential short-term losses.