Amid discussions about the potential resurgence of the “Trum...

Amid discussions about the potential resurgence of the “Trump trade” following an attempt on former President Donald Trump’s life and the increasing likelihood of him securing a second term, seasoned investors advised retail investors to avoid making hasty changes to their portfolios.

“Do not make portfolio changes based on what you think the election is going to bring three and a half months before the election,” Jim Lebenthal, chief equity strategist at Cerity Partners, told CNBC. “In the last month, we’ve had convictions, we’ve had the very unfortunate assassination attempt, we’ve had the presumptive nominee of the Democratic Party drop out. There will probably, highly likely, be more changes to come.”