There’s a real choice here in the election

Whoever wins the election is going to have a real effect on your wealth, says John Stepek. Your vote can make a difference.

With the general election less than a week away, it's hard to think of much else. And as an investor, it makes sense to care about the outcome. It's tempting to be cynical about politicians, particularly when they're spouting blatant new electoral bribes on a daily basis. But don't be fooled into thinking that you don't have a real choice here. There are very clear differences between both the policies and the overall philosophies of the main parties, and the smaller parties who are likely to be supporting them in the next parliament.

We looked at how the policies they've revealed so far (I imagine we'll get more last-ditch bribes in the days to come) are likely to impact on your investments and your finances. But the short version is that, whoever gets in, it's going to have a meaningful impact on your wealth. So ignore the likes of Russell Brand and get out there and use your vote.

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John Stepek

John Stepek is a senior reporter at Bloomberg News and a former editor of MoneyWeek magazine. He graduated from Strathclyde University with a degree in psychology in 1996 and has always been fascinated by the gap between the way the market works in theory and the way it works in practice, and by how our deep-rooted instincts work against our best interests as investors.

He started out in journalism by writing articles about the specific business challenges facing family firms. In 2003, he took a job on the finance desk of Teletext, where he spent two years covering the markets and breaking financial news.

His work has been published in Families in Business, Shares magazine, Spear's Magazine, The Sunday Times, and The Spectator among others. He has also appeared as an expert commentator on BBC Radio 4's Today programme, BBC Radio Scotland, Newsnight, Daily Politics and Bloomberg. His first book, on contrarian investing, The Sceptical Investor, was released in March 2019. You can follow John on Twitter at @john_stepek.