Investing in a Year of Political Noise

With the 2024 Presidential election just around the corner, it is more important than ever to equip ourselves with the knowledge and mindset necessary to weather market volatility and make informed financial decisions.

In today's episode of Retire in Texas, PAX Financial Group CEO and Co-Founder, Darryl Lyons, breaks down everything you need to be aware of with regards to the upcoming election, and its potential impact on your finances. By understanding the implications of political events on the economy and markets, staying focused on long-term goals, and avoiding emotional reactions to short-term fluctuations, investors can navigate uncertain times with confidence and resilience.

Today’s show highlights include:

*An outline of key dates in the election process, including primaries, debates, and Election Day, to help you stay informed and prepared.

*A discussion of potential outcomes of the elections, including various combinations of party control in the presidency, House, and Senate, and how these scenarios may impact markets.

*Addressing top economic and non-economic issues identified in a recent Gallup poll, focusing on the federal budget and debt, and the different approaches of Democrats and Republicans regarding taxation and spending.

*Despite political volatility, why confidence in the long-term resilience of the stock market should be considered.

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