Election 2024 and The Bottom Line

Election Season and Your Investments: What Really Matters?

Election years, especially during a presidential race, tend to pick up steam right after Labor Day. That’s when many people start paying close attention to what’s happening in Washington. Naturally, I’ve been getting this question a lot: “Putting politics aside, what impact does the election have on my financial future?”

It’s a good question, and here’s my honest answer: The difference might not be as big as you think.

If you take a look at the stock market’s history, you'll see it has performed well under both parties. In fact, some of the strongest returns have come when there’s a balance of power—one party in the White House and the other controlling Congress.

But, let’s keep in mind: history doesn’t always predict the future.

So why does this happen? Maybe it’s because the system works best when different viewpoints come together and find middle ground. Or maybe the markets have just learned how to adapt to whatever happens in Washington.

I understand if you’re deeply invested in the outcome of this election. It’s not just about who’s in the White House; we’ve got 34 Senate seats, 435 House seats, and plenty of local issues on the ballot. Voting is one of the core values of our country, and I know many of you are doing your research and planning to vote.

But here’s the thing—when we create your financial plan here at Stockyard we build it with these type of things in mind. So, no matter the outcome, stay focused on your long-term goals. Try to avoid getting caught up in short-term market noise as election season heats up. If you have any further questions or want to learn more about Stockyard Wealth Management then give us a call or schedule an appointment.

^{BairdWealth.com, 2024. For the period 1933 to 2023, excluding 2001-2002 due to Senator Jeffords changing parties mid-2001.}