TRANSCRIPT:
Times are uncertain and scary, so let's take a minute to look at election years and what they do to markets. Hi, I'm Hunter Brockway, founder of Boca Retirement Strategies, here to help guide you to a successful retirement with more money and fewer taxes. Let's talk briefly and look back in history at 10 of the last election cycles, what they did to the markets, so you can subjectively put that information into your financial plan. If we look back at history, 8 out of the last 10 election cycles almost did the same exact things to the markets. If you zoom out a little bit and look between October before the election up to February after the election, the markets almost mimic each other.
Now those outliers being 2008 and 2000. What happens is, starting in October and leading into November, markets are volatile and generally trending downwards. Now after the election and after the markets gain some certainty because that's really what's going on here is the markets don't like uncertainty. The markets generally trend higher up into February following the election. So that doesn't matter if it's red or blue who's in the office, the markets just don't like uncertainty. So this election cycle is no different than any other time in history. There's uncertainty, there's going to be an election, and the next day, most likely, we're all going to get back up and go to work. So if you have any financial questions whatsoever, you can reach out to contact at BocaRetirement.com. Enjoy your successful retirement, and thanks for watching, bye.
