Joe Biden is President-Elect: Now What? Ep #27 

<p>Should you change your investment strategy now that Joe Biden is president-elect? Should you move your investments into a different asset class? Will the stock market tank with Biden in office? 2020 left a bad taste in everyone’s mouth and now many are worried about how 2021 will look with Joe Biden in office. In this episode of Retirement Made Easy, I share what I think you should or shouldn’t do. If you’re concerned about your future, give this one a listen!</p> <h2>You will want to hear this episode if you are interested in...</h2> <ul> <li aria-level="1">[1:40] Will Joe Biden’s presidency impact your investments? </li> <li aria-level="1">[5:26] Adjust your tax strategy—not your investment strategy</li> <li aria-level="1">[8:20] The Allianz Women, Power, and Money Study</li> <li aria-level="1">[12:37] The goal for Retirement Made Easy in 2021</li> <li aria-level="1">[13:48] Dare to go after your retirement dreams</li> </ul> <h2>Will a Joe Biden presidency impact your investments? </h2> <p>Some articles are saying to move all of your investments to gold because Biden is going to tank the company. Other articles are being shared about how the stock market has performed with specific presidents in office. A Forbes article that’s going around from September 2020—<a href= "https://www.forbes.com/sites/sergeiklebnikov/2020/09/10/a-biden-victory-and-split-congress-is-best-for-stocks-but-heres-what-would-kill-markets-after-election-night/?sh=24c8414c24dd" target="_blank" rel="noopener">A Biden Victory And Split Congress Is Best For Stocks, But Here’s What Would Kill Markets After Election Night</a>—is faulty. The research is comparing apples to oranges. How so? </p> <p>It doesn’t compare an equal number of years with Republicans as president and Democrats as president. The sample size isn’t anywhere close. The stock market did well when Bill Clinton, Ronald Reagan, and Donald Trump were in office. We can’t say investments will be better based on a Democrat or Republican being in office. There is no crystal ball to