Summary
This week on The One Minute Retirement Tip Podcast, I’m talking about “Investing In An Election Year.”
Well here we are – it’s Presidential Election week. Some of you listening may be excited, anxious, or fearful – depending on what you want to happen in the election this week, and what that might mean for you personally.
While I don’t care to make this a political podcast, since everything else in our world today has somehow become political, it’s an important week for us to look at the reality of what THIS election might mean for you and your finances.
So this week, I’ll talk tomorrow on election day of what a possible blue wave could mean for you. By blue wave I mean Biden taking the White House and democrats controlling Congress. This would represent the biggest possible change to our political system and the economy, and could impact everything from taxes to the environment, to trade.
Then I’ll spend the rest of the week talking about how markets typically react during the election season and importantly, what’s unlikely to change no matter who is in the White House and who controls Congress for the next 4 years.
My hope for this week is that you maintain the proper perspective about what this election will mean for you, and not get sucked in to the media hyperbole about what is and what might happen as a result of this week’s election.