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For Investors, Elections Do Not Matter, Ep #54
Episode 5415th January 2024 • One For The Money • Jonny West
00:00:00 00:21:05

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For Investors, Elections Do Not Matter - Ep #54

Recently, I read that one of investors' chief concerns is the upcoming presidential election that occurs in November of this year. It seems every year we are told that this is the most important election of our lifetimes only for the next election to be even more important than that. In this episode, I will share why elections do, and do not matter for investors.

In this episode...

  • America is the Best Country in the world [02:05]
  • Americans have more freedoms [04:04]
  • It’s All About the Constitution [6:48]
  • Election Outcomes Don’t Matter for Investors [10:14]
  • We need to vote [16:51]
  • How to have more influence via voting [19:22]

The Inspired Constitution

Our founding fathers understood that power corrupts and absolute power corrupts absolutely and for these reasons, they put tremendous checks on the powers of government to limit their influence on the freedoms of American citizens. In doing so they provided many more freedoms for the citizens of the United States than any other nation where they could go on and pursue their happiness. Allowing us, individually to determine our ultimate destiny.

The freedoms enshrined in the Constitution has enabled America to drive the progress of humanity further than any other nation in history. 

Stock Market Ignores Election Outcomes

U.S. stocks have trended up regardless of whether a Republican or Democrat won the White House.  A $1,000 investment in the S&P 500 Index when FDR became president in 1933 would have been worth over $19 million in 2023. During that time there have been seven Republican and eight Democratic presidents. 

But We Must Vote

Many could complain about the government, media, and academia but if one fails to take action to make the changes by voting not just in the general elections but the primary elections as well. 

How to Have More Influence via Voting

 If you take the initiative to understand the elections and especially the ballot propositions, you can guide multiple other voters on how to vote, magnifying the result. That can have a huge effect. Your endorsement holds WAY more weight than some politician, businessman, or celebrity.

Securities and Advisory services offered through LPL Financial. A registered investment advisor. Member FINRA & SIPC.

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