• Ep 117: Elections & Investments

  • Oct 15 2024
  • Length: 11 mins
  • Podcast

Ep 117: Elections & Investments

  • Summary

  • In this episode of the Retire with Peace podcast, host Dave Zaegel discusses the intersection of politics and financial planning, particularly in the context of upcoming elections. He emphasizes that while political events can create anxiety, they do not significantly impact long-term investment strategies. Zaegel encourages listeners to focus on what they can control in their financial planning and to remain calm amidst political uncertainty. He provides historical examples of political promises that were not fully realized, reinforcing the idea that change is often slower than anticipated. Ultimately, the message is to engage in politics but not to let it disrupt personal financial plans.

    Takeaways:

    • Elections create anxiety, but they don't significantly impact investments.
    • Historical political promises often go unfulfilled.
    • Control what you can control in your financial planning.
    • Don't let political events dictate your financial decisions.
    • Engagement in politics is important, but don't panic.
    • Focus on long-term planning rather than short-term political changes.
    • Good people will work to ensure stability in times of change.
    • Past crises have been weathered successfully, showing resilience.
    • Managing anxiety is key to retiring with peace.
    • Your financial plan should remain steady despite political noise.
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