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Today’s Smart Money Question:

As we approach Thanksgiving, it’s hard to believe that 2024 is nearly behind us. With the end of the year comes a lot to look forward to- family, food, and of course, football. But there’s also another reason to celebrate this holiday season: the election is finally over.

Now that the election results are settled, the big question on everyone’s mind is what comes next for the markets, Social Security, Medicare, and taxes. In this episode, we dive into what we can expect in the coming months and how these changes might impact our financial future.

Here’s some of what we discuss in this episode:

  • How market performance tends to play out during election years
  • Why it’s so important to be diversified in your investments
  • Avoiding fear-driven reactions to market headlines
  • What’s going to happen with Social Security and Medicare?
  • Being mindful of what media we’re consuming
  • The impact of decreasing interest rates

If you are interested in any of the topics we discussed, please reach out and we would be happy to help you navigate your financial situation.

 

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