How does a Presidential Election Year affect the Markets???

ABOUT THIS EPISODE

Does it really matter is it's an election year or not? Financial planning expert John Browning gives his perspective that can really impact your future.

Welcome to the build your life podcastwith John Brownie, build your life as a relaxed and unedited conversation withfinancial expert, John Browning John's the founder of Guardian Rock Wealth,with offices in Hawaii, Colorado and Illinois Johns. Also, the author of thebook build a life, not a portfolio, a guide to your financial future, basedon your personal values, whath you can purchase on Amazon or stay around tothe end of today's show and I'll tell you how to get a Frea copy mild rightto your door, I' Michael Delan, your host for the next few minutes, as wechat with financial expert business owner and author John Browning, hello, John Brownie good afternoon,welcome to your podcast. Thank you very much lad to be here and having a great Jay. So far, how aboutyou, I'm God yeah things are good, I'm doing very well! It's been a great weekand I'm excited to talk to you today, because you know we are in a New Year,John and in this particular year we are...

...a lot of new things are happen in twothousand and twenty one right and the topic. I want to talk about because wejust came through this, its so fresh on our minds. John. We just came out of anelection year and I want to know from a financial guruse perspective. How doesa presidential election affect the markets all right? Well, first, Boll, once again, I'm just goingto say this is not investment advice. This is just a conversation. If youwant to bes't Ben Advice, you got to reach Outto me and talk about yourindividual situation, but what I can tell you this is going to be a veryhoring question. I answere yourself long term it doesn't it doesn't yes, the Preseractualy,thanks for being on our podcast okay, you got I'm Tak Tatli bit more that'd,be like the shortest podcast in history. It doesn't so a political election yeurdoesn't really affect the Marcus. Do Do tell explain that a little bit more. Soin the short term,...

...certainly markets are likely to be affected.Certain sectors could be affected again, more a ashorter term basis, but we don't invest kind of shortterm taces. You know ourclients are in it for a long, germ financial plan to get to some longerterm financial gials, some intermediate goals, even if they have a short term goal,we're not going to use the presidential election to try and hit that we will have planned about plan forthat long before then, and I don't know that I could have predicted or IHAVEA lot of people said that theycould predict the outcome of the election, but after four years agoelection that I think man that should have taught people t they schouldn'ttry and predict whe's going to win the election. So you know whatever side you are onand I respect both sides.

I think probably the saddest thing iskind of what what we saw. You know earlier Ameawas here and and some of the things that havehappened has just been unfortunate and should never have happened here,especially in the US. I Sad I'd like to say sorry am a little Patriotican but bottom like well. You know, if issay, the one one party grabs control, certainsectors would martet, maybe infrastructure or or something likethat is yeah, that's likely to go up n in Vio, especially INI short term. Iftaxes were raised, which I can't imagine, anybody would have thoughtthat they would not get raised eventually, given all the filings thatwe've seen, somebody has to pay for that at some point, whether it's us asindividual tag paying taxes or corporations paying taxes in by the waywhen corporations pay taxes who else...

...pace taxes, we do because we pay morefor the goods and services. Those corporations are created M, so eitherway we're going to pay for all the stimulus that happen now, it'll getredistributed and all he can stuff. I understand all that and I spent a lotof time with a lot of papers on Ecodomics, an in chaos theory and all that good stuffup, but so I fully understand all that, but over the long term, no matter what the taxes are. If welive in a free country which we still do aman t that way. Folks, if we live in a free country, goodbusinesses, good leaders and good innovators, Wi'll find away to prosper,they'll position themselves to profit. That's why that from a very wise man.One time I think, is Mame E ficel Iye,...

...but they'll always find a woy and anthat's. The way that we ask to we. We invest for our plients in that way, aswe find businesses that consistently theres, my key were again: YEAdistantly are able to innovate and adjust for the current work environmentand Prosper Han Yo Gol for investors. Well- and I love that, because thatgoes back to what we talked about last episode and couple episodes. It goes ina since it goes back to that green factor, because what I'm hearing yousay is is the reason that presidential election year really doesn't affectthings is because you need to have that long term perspective wit res sure. Canit go up or down a little irratically sure, but you know Sunami could do thatas well right yeah. So if you have a long term perspective in your buildinga life, not a portfolio and you're...

...letting John Guide and Directit- and itthat's, I think that's what you're saying is: that's why it's lessimportant than we might think it really is, is fair! That's right and- and youknow when it's going on and it's everything that we see in the news it tends to take on much moreimportance than it really has yes yeah. Somebody said years ago what you W,what you focus on, gets bigger you, no and so many times we focus on the newsmedia during election years or whatever, and that that just consumes itdominates are thinking and then it gets goes by and just like, oh well, thatdidn't really happen. It didnt and you go on and think about something else.So why don't you think instead of the election whot, if you think aboutbuilding a life and not just a portfolio by riaging Johns Buck? Thinkabout that for a little bit, extransition and you're going to learn a lot more,an and you're going to put yourself in a great position to profit really longterm, because if you're investing and trying to make money short term, Yeryou're just dealing with a lot of risk-...

...and we talked about that last episode. You need to be long term perspectiveand you need to add, you need know your values and that's where John Gaandguarding rockwel come in because they really dig into you as a client and ask youquestions to understand who you are and that's the foundation of everything sothat, whether it's an electioner or a hurricane year or whatever you you're, tried and true and you'veGat the flexibility do what you really want to do and building your life andyour Pofolian on all of that, so that fascinatidg answer. That was a littlebit longer of an answer than you. First wanted to give me around this questionJohn, and I appreciate you elaborating yeah, I decided. Maybe that would betoo short of a podcast, so that would be reallat sore yeah. We yeah. Let'snot do that, but anyway, just I mean seriously reach out to John, because wewe t touch on lots of topics on this podcast, which makes it really fun. Ihope you enjoyed as much as we do, but but to really die of deep you've got tohave a conversation with John and, as...

...he said before, he's not there to sellyou on that conversation. It is a is a multi step approach that John Takes,and he really does want to provide value to you. So it's hard to find a great financial, counselor adviser whohas the experience that John has? Who is the heart that John has and and whohas some really penetrating questions thatwill, make you think about yourvalues, because that's where it 'll start. So let me encourage you to reachout John at Guardian Rock wealthcom, and you can do it and not worry aboutit, because this is not an election here. That's right so we'e got that done.John Brownieg! Thank you so much. It's always a pleasure to talk with you andlearn lots of fun things and will afford to chatting on the next episodeof Your podcast hope. You have a great rest of your week. Sir. All rightsounds good. We'll see you next time. Okay, bye, bye, go byce.

Money really is a big part of our lives,and John Brownie can help you and your family learn how to keep money in theproper perspective, it's important, but it's only a tool that can help youbuild the life that you want. If you like, John Andmell, you freak copy ofhis book, build a life, not a portfolio, go to John's website, Guardianrockwealthcom and click. The contact o US link and send your request. JohnWilmella Copye his book right to your door. Absolutely free thanks forlistening to building your life, podcast with John Brownie be sure tosubscribe to this podcast. So each new episode will be sent to you automagically when it's released have a terrific day.

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