Navigating Election Year Volatility: What does history show us? скачать в хорошем качестве

Navigating Election Year Volatility: What does history show us?

In this episode of Financial Detox® Jason Labrum joins Co-hosts Alex Klingensmith to discuss the upcoming presidential election and its potential impact on the markets. They emphasize the importance of focusing on long-term goals and not getting caught up in the noise and volatility of election cycles. They provide historical data showing that the markets have generally performed well during election years, regardless of the outcome. They also highlight the need to avoid emotional investing by thinking long-term, and the importance of working with a fiduciary advisor who can help navigate market uncertainties. ___________________________ Key takeaways: 1. Focus on long-term goals and don't get caught up in the noise and volatility of election cycles. 2. Historical data shows that the markets have generally performed well during election years, regardless of the outcome. 3. Preventative maintenance is important to regulate emotional investing decisions. 4. Working with a fiduciary advisor can help navigate market uncertainties and align your portfolio with your long-term goals. _____________________________ Key Sections: 00:00 Introduction and Purpose of Financial Detox 00:48 The Importance of Making Better Investment Decisions 03:11 The Impact of the Upcoming Election on Financial Planning 06:37 The Importance of Emotional Preventative Maintenance 08:09 The Unprecedented Nature of the 2020 Election 11:23 The Lack of Inspiring Candidates in the Election 13:08 The Influence of Social Media and Cognitive Bias 14:33 The Historical Performance of Markets During Election Years 16:11 The Performance of the S&P 500 During Election Years 20:51 The Importance of Focusing on Personal Financial Goals 22:41 The Role of a Fiduciary Wealth Advisor 24:37 The Importance of Being Intentional with Time and Information Consumption 27:15 The Natural Volatility of Markets and the Need for a Long-Term Perspective 29:03 The Value of Seeking Professional Advice and Planning Ahead 30:46 Conclusion and Wishing Happy Easter _____________________________ More on Jason Labrum   / jasonlabrum   and Alex Klingensmith   / alex-klingensmith-cfp%c2%ae-94986b7   ______________________________ More on Financial Detox: Website: https://www.idawealth.com/financial-d... Buy the Book: https://www.amazon.com/Financial-Deto... Subscribe and turn on notifications so you don't miss any videos from Financial Detox:    • Видео   _____________________________ More on IDA Wealth: Website: https://www.idawealth.com/ Linkedin:   / idawealth   Instagram:   / idawealth   Facebook:   / intelligencedrivenadvisers   #markets #business #stockmarket #investment #money #news #politics #finance #financialplanning ___________________________ Disclosure The Financial Detox podcast is provided by Intelligence Driven Advisers, LLC (“IDA”), an SEC registered Investment Adviser; however, such registration does not imply a certain level of skill or training. Any references to SEC registration are not an endorsement or indication of approval by the SEC. The information presented in this podcast is intended for general informational purposes only and should not be construed as specific tax, legal or investment advice. Participants are strongly encouraged to consult with their personal advisers regarding their specific financial and tax situation. Investing involves risk and there is always the potential for loss. Past performance is not necessarily indicative of future results. Information provided reflects IDA’s views as of a particular time. Such views along with tax laws and regulations are subject to change at any point and IDA shall not be obligated to provide notice of any change. IDA makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of the information presented in this podcast. The firm disclaims any liability for errors or omissions in the information or for any actions taken in reliance on the information provided herein.