A 2020 Election Conversation

We may not have all the results from the election yet, but we do have some thoughts on where things seem to be headed. How will this impact the market? And your portfolio?
Share this episode with a friend:

Today’s Question:

We may not have all the results from the election yet, but we do have some thoughts on where things seem to be headed. How will this impact the market? And your portfolio?

Click on the timestamps below to jump to specific topics. 

Confidence Corner

Like you, we had hoped to have election results within a day or two of voting. At the time of this recording, we are two days out without a clear winner. We still have plenty to discuss though, from how the market is doing to what splitting political power can mean for our future.

While the market typically performs poorly when there is uncertainty, how has the market been doing since the election? If the House and the Senate are split, there is typically more balance, which is what the market is reacting to. While we don’t know the president yet and that can cause uncertainty for us, the market can depend on the controlling factors in the House and the Senate.

Remember the 2000 election? Even then, 20 years ago, people were upset on both sides, but we got through it. How is this time similar or different? How long might this go on?

In all of this, try to remain calm. (Maybe even turn off the news if you need to!) While this might take some patience, try not to make any rash decisions when it comes to your finances. Reach out to a financial advisor to help you keep to the plan that works for you.

Listen to the entire episode or click on the timestamps below to skip to a particular segment.

0:37 – We had planned to talk about the election this week.

2:22 – The House and Senate will likely be split.

3:47 – When does the market do best politically speaking?

5:07 – We might have more balance when the power is split.

6:27 – Two days past the election, how is the market doing?

9:20 – How does this compare to the 2000 election? 

12:18 – Try to stay calm.

 

A Point Of Wisdom:

I don’t have to hate someone just because they’re not the political party that I’d vote for.

-Nathan O’Bryant

 

 

Related Content:

PODCAST: Don’t Assume When It Comes to Retirement

PODCAST: 5 Types of Financial Risk

 

Additional Resources:

Schedule A Meeting

Download Your Retirement Rescue Toolkit – Learn More About Our Firm

 

Your Guide:

Nathan O’Bryant – Contact

Share this episode with a friend:

EXPLORE MORE EPISODES

Should An Advisor Tailor A Plan To Fit Your Personality? (Part 2)

As a continuation of our last podcast episode, we’re jumping back in to discuss some more financial personality types in today’s show. Knowing your personality type and tendencies can help you be more successful and aware of your strengths and weaknesses when it comes to financial planning. The first four personalities we talked about in the previous podcast were the victim, the over-analyzer, the DIY-er, and the ostrich. On today’s show, we discuss the next four common financial personalities.

Listen Now »

Should Your Advisor Tailor A Plan To Fit Your Personality? (Part 1)

Each person has a different and unique personality. It’s part of what makes you, you! So, when it comes to your financial plan, should a financial advisor tailor the plan for your personality? On today’s show we cover part one of the different personalities to see which one you might relate to most and how an advisor can cater to that.

Listen Now »

What’s Your Biggest Financial Fear?

Everybody has fears, so we talk about some of the biggest financial fears people face. Sometimes acknowledging the fear is the best place to start. Alongside an advisor, you can strategize how to address these fears and put your mind at ease.

Listen Now »

YOUR HOST

Nathan O’ Bryant is the founder of O’Bryant & Associates, Inc., a Registered Investment Advisory firm in the state of TN. He’s been helping people plan for retirement and their financial futures for more than 15 years.

The weekly podcast features discussion and excellent guidance on the important financial planning questions we all have. Whether it’s tax planning, retirement income, social security or the stock market, you’ll find that no topics are off limit on this show.

YOUR HOST

Nathan O’ Bryant is the founder of O’Bryant & Associates, Inc., a Registered Investment Advisory firm in the state of TN. He’s been helping people plan for retirement and their financial futures for more than 15 years.

The weekly podcast features discussion and excellent guidance on the important financial planning questions we all have. Whether it’s tax planning, retirement income, social security or the stock market, you’ll find that no topics are off limit on this show.

SUBSCRIBE