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 podcast with John Brownie. Build your life as a relaxed and unedited conversation with financial expert John Browning. John's the founder of Guardian Rock Wealth, with offices in Hawaii, Colorado and Illinois. John's also the author of the book build a life, not a portfolio, a guide to your financial future based on your personal values, which you can purchase on Amazon. Or stay around to the end of today's show and I'll tell you how to get a freak copy mild right to your door. I'm Michael Dlan, your host for the next few minutes as we chat with financial expert, business owner and author John Browning. Hello, John Browning, good afternoon, welcome to your podcast. Thank you very much. Glad to be here and having a great day so far. How about you? I'm going yeah, thanks, are good. I'm doing very well. It's been a great week and 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 Having in two thousand and twenty one right, and the topic I want to talk about, because we just came through this as so fresh on our minds. John, we just came out of an election year and I want to know, from a financial guru's perspective, how does a presidential election affect the markets? All right, well, first of all, once again I'm just going to say this is not investment advice, this is just a conversation. If you want to investment advice, you got to reach out to me and talk about your individual situation. But what I can tell you this is going to be a very boring question. I answered your long term. It doesn't. It doesn't. Yes, the president elect, thanks for being on our podcast. No, get you gotta Bake a little bit more. I'd be like the shortest podcast in history. It doesn't. So a political election your doesn't really affect the marks. Do Do tell explain that a little bit more so in the short term. Certainly markets are...

...likely to be affected, certain sectors could be affected, again, more a shorter term basis, but we don't invest on a short term basis. You know, our our clients are in it for a long term financial plan, to get to some longer term financial goals, 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 for that long before then and I don't know that I could have predicted, or I'm sure I have. A lot of people said that they could predict the outcome of the election, but after four years ago election that, I I think, man, that should have taught people they shouldn't try and predict who's going to win the election. So you know, whatever side you are on, and...

I respect both sides. I think probably the saddest thing is kind of what we saw, you know, earlier, which here and and some of the things that have happened, and it's just been unfortunate and should never have happened here and especially in the US. I said, I'd like to say sorry, I'm a little patriotic are but bottom line, will you know if, if, say, the one one party grabs control certain sectors with the market, maybe infrastructure or something like that, is yeah, that's likely to go up in diospecially in the short term, if taxes are raised, which I can't imagine anybody would have thought that they would not get raised eventually, given all the film links that we've seen. Somebody has to pay for that at some point. Whether it's us as individual tag paying taxes or corporations paying taxes. In by the way, when corporations pay taxes, who else pay taxes?...

We do. Yeah, because we pay more for the goods and services those corporations are creating. HMM. So either way we're going to pay for all the Simulus that happen now. It'll get redistributed and all the good stuff. I understand all that and I spent a lot of time rule a lot of papers on economics and in chaos theory and all that good stuff. But so I fully understand all that. But over the long term, no matter what the taxes are, if we live in a free country, which we still do amok that way, folks, if we live in a free country, good businesses and good leaders and good innovators will find a way to prosper. Yeah, they'll position themselves to profit. That's right. That from a very wise man one time. I think his name was Mikel I think. Yeah, but they'll always find a way and and that's the way that we...

...invest in we we invest for our clients in that way, as we find businesses that consistently. There's my key word again. Yeah, instantly are able to innovate and adjust for the current market environment and prosper and wealth or investors well. And I love that because that goes back to what we talked about last episode and couple episodes it goes in a sense, it goes back to that green factor, because what I'm hearing you say is is the reason that a presidential election year really doesn't affect things as because you need to have that long term perspective. It's right. Sure, can I go up or down a little erratically culture, but you know, a tsunami could do that as well. Right. Yeah, so if you have a long term perspective and you're building a life, not a portfolio, and you're letting John Guide and...

...directed in it, that's I think that's what you're saying is that's why it's less important than we might think. It really is. Fair, that's right. And you know, when it's going on and it's everything that we see in the news, it tends to take on much more importance than it really has. Yes, yeah, somebody said years or what you what you focus on, gets bigger. Yes, and so many times we focus on the news media during election years or whatever, and that that just consumes, it dominates are thinking and then it gets goes by and just like, oh well, that didn't really happen. It didn't, and you go on and think about something else. So why don't you think instead of the election one, don't you think about building a life and not just a portfolio? By reading John's Buck? Think about that for a little bit extransition, and you're going to learn a lot more and and you're going to put yourself in a great position to profit really long term, because if you're investing and trying to make money short term, you're just dealing with a lot of risk, and we...

...talked about that last episode. You need to be long term perspective and you need to add you need to know your values, and that's where John Guard and Guardian rock wealth come in, because they really dig into you as a client and ask you questions to understand who you are, and that's the foundation of everything so that whether it's an election year or a hurricane year or whatever you're you're tried and true and you've got the flexibility to do what you really want to do in building your life and your portfolio and all of that. So that fascinating answer, that was a little bit longer of an answer than you first wanted to give me around this question, John, and I appreciate you elaborated. Yeah, decided maybe that would be too short of a podcast so that we really sure. Yeah, we, yeah, let's not do that. But anyway, just I mean sarious, I reach out to John Because we week touch on lots of topics on this podcast, which makes it really fun. I hope you enjoyed as much as we do. But but to really die of deep you've got to have a conversation with John and,...

...as he said before, he's not there to sell you on that conversation. It is a it 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 advisor who has the experience that John Has, who has the heart that John has and and who has some really penetrating questions that will make you think about your values, because that's where it all starts. So let me encourage you to reach out John at Guardian rockwealthcom and you can do it and not worry about it because this is not an election year. That's right. So we've got that done. John Browning, thank you so much. It's always a pleasure to talk with you and learn lots of fun things, and we'll look forward to chatting on the next episode of Your podcast. Hope you have a great rest of your week, sir. All right, sounds good. We'll see you next time. Okay, bye, bye, good by.

Money really is a big part of our lives, and John Browning can help you and your family learn how to keep money in the proper perspective. It's important, but it's only a tool that can help you build the life that you want. If you like, John Emilie a free copy of his book build a life, not a portfolio. Go to John's website, Guardian Rock wealthcom, and click the contact to US link and send your request. John Will Mell a copy of his book right to your door absolutely free. Thanks for listening to building your life podcast with John Browning. Be Sure to subscribe 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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