As summer winds down, the upcoming election and how it might affect the stock market, and their finances is on everyone’s mind. The simple answer is: It does not really matter. 

Elections often have less impact on the stock market than people think. Historical data shows that markets do not always rise under Republican administrations or that clean energy stocks thrive under Democrats. In reality, many economic factors influence stock prices, making it hard to predict market changes based on elections. While some volatility is expected, it rarely leads to lasting trends. I've included a brief article from Capital Group below to highlight historical trends over the years. 

Remember, every president will face a down market, and stocks are typically down one out of every four years. Over the past 92 years, the S&P 500 Index has performed positively 73% of the time, with an average yearly return of 11.54%.  

As a long-term investor, it is best to keep politics out of your investment strategy. Instead, focus on things you can control, such as your savings rate, your spending and cash flow, and of course, just living your Dreams. These factors will have a far greater impact on your financial future than the outcome of the next election.  

On another note, If you’ve been following the news, you’ve likely seen headlines about a security incident involving nonpublic personal information (NPI), including social security numbers, across the U.S. We offer several suggestions below to protect your sensitive information. 

Wishing you a fantastic end to summer and a relaxing Labor Day weekend! 



P.S. If you have not already, do not forget to RSVP for CURO's 10th-anniversary celebration at the Grounds for Sculpture. Bring your kids and grandkids! 

 Wishing you health, wealth, and happiness!  

~ Marianna