Politics and your Financial Plan: Episode 104
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Summary
In this episode, I look at the relationship between politics and the stock market. Please do not get caught up in the news cycle. You'll find that even though our current form of politics tends to be zero sum we are resilient people at the end of the day. I also provide some data about returns over time and walk through some of the events that happened over that period.
Takeaways
- Don't get too caught up in the news cycle and remember to gain perspective.
- Politics can be idolatrous and may not have a significant long-term impact on the stock market.
- Diversification and long-term investing are key to navigating market fluctuations.
- Historical events have not significantly affected the long-term trajectory of the stock market.
Chapters
00:00
Introduction
00:58
The Relevance of the News Cycle
02:55
The Resilience of the Nation
03:24
The Data on Stock Market Returns
06:21
Historical Events and Market Performance
08:19
Politics and the Market Over Time
09:18
Don't Make Rash Decisions
09:48
Conclusion
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JOSH KLOOZ, CFP®, MBA
WEALTH ADVISOR
Phone 281.719.0036
Text 281.699.8691
Fax 281.719.0156
jklooz@carsonwealth.com
1780 Hughes Landing | Suite 570
The Woodlands, TX 77380
Music by bensound.com
169 episoder