Good Afternoon Legacy Wealth Alliance Family,
Do the Markets and Economy perform better under Republicans or Democrats? Historically the markets perform better under Democrats, but it remains to be seen if the standards will hold true during the next three plus years. It is common belief the markets fair better during Republican Presidential terms but is that just smoke and mirrors? or is that fact? The GOP generally hold a friendlier approach to taxes and government spending, but the numbers point in another direction.
Dating back to 1945, when Franklin Delano Roosevelt was in office and completing his unprecedented fourth term due to the war, the S&P (Standards and Poor’s) returned a healthy average annual return of 11.2% under Democrats versus a 6.9% gain under Republican regimes. The same logic can be applied to the economies growth which translates to a GDP growth under Democrats at 3.6% and lagged at 2.6% under Republicans.
So, what does all of this translate to? Does it mean we will see improved growth in Unemployment? Will another round of Stimulus payment benefit the United States? The bottom line is no one knows for sure, but I sure would love to have a crystal ball to see the future, or possibly have the winning Power Ball numbers before the next drawing. As much as we dream of Publishers Clearing House knocking on our front doors and handing over a really big cardboard check, the reality is that very few achieve that means.
The real message is to stay focused and diligent in everything we do. 2020 was a disastrous year in many aspects due to the affects of Covid 19, but the markets returned positive gains, and continue to move forward.
What does all of this mean in my world.? “Balance”. You are correct – “Balance”. The world was turned upside down and proved that there are so many items out of our control on every level that we need to find our inner peace. We need to strive to surround ourselves with the positives, eliminate the toxic, and chase happiness. We can achieve greatness by stepping outside our comfort zone, but it must have balance.
The ultimate goal is to achieve the bucket list. We all have one, but few if anyone ever achieves everything on their list. Lack of planning or funding or time always seem to deter success. The markets prove that we can move forward during turbulent times and if we set our goals appropriately, we will succeed. Each of us have many goals and the history of our great country lies in the distance ahead for all to see, explore and understand. If my balance is in equilibrium – my next bucket item will be exploring the National Monuments in Utah at the end of this year. The markets and world have shown it is time to focus on enjoying what we have achieved and where we can reach. My family is choosing to spend more time at “Play” and enjoy what we are given to the fullest.
Balance is too important to dismiss, Enjoy the ride!
Pursuing Wealth, Wisdom, and Well Being Together,
This information does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may view this information. Statements, opinions, and forecasts made represent a particular observation and assessment of the market environment at a specific point in time and are not intended to be a forecast of future events or a guarantee of future results. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended. Statements regarding future prospects
may not be realized and may differ materially from actual events or results. Past performance is not indicative of future performance.
Please do not send any trading or transaction instructions through this email as they will not be executed. If you need to place a trade, please contact our office directly or the Trading Desk at 800-237-3813. Investments and Advisory Services are offered through representatives of Lincoln Financial Securities Corporation (LFSC), member SIPC. Insurance is offered through Legacy Wealth Alliance, located at 8950 South 52nd Street, Ste 204 Tempe, AZ 85284. Lincoln Financial Securities Corporation and Legacy Wealth Alliance are not affiliated.