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What do presidential elections mean for your investments? What actions should you take during an election year?
Do provide context for this common question, Evon dives into the historical behavior of US stocks related to US presidential elections. He dives both into the short-term results - looking at the months and years around the elections, as well as a longer-term perspective. Ultimately, stocks - publicly traded businesses - have rewarded long-term, patient investors over long-term periods of time, regardless of the politician in office.
Have questions on anything discussed or want to have topics or questions featured on the show? Send Evon an email at [email protected].
Check out www.optometrywealth.com to get to know more about Evon, his financial planning firm Optometry Wealth Advisors, and how he helps optometrists nationwide. From there, you can schedule a short Intro call to share what's on your mind and learn how Evon helps ODs master their cash flow and debt, build their net worth, and plan purposefully around their money and their practices.
Resources mentioned on this episode:
- Slides: Market Returns During Elections
- DFA's Presidential Elections: What Do They Mean for Markets?
- DFA: How Much Impact Does the President Have on Stocks? (Interactive)
- DFA Webcast Highlights: What History Tells Us About Elections and the Market
- A Wealth of Common Sense: Don't Mix Your Politics With Your Portfolio
The Optometry Money Podcast is dedicated to helping optometrists make better decisions around their money, careers, and practices. The show is hosted by Evon Mendrin, CFP®, CSLP®, owner of Optometry Wealth Advisors, a financial planning firm just for optometrists nationwide.