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Breta Grumbois, CRPC®
Vice President, Wealth Management
Fibre Financial Group
Retirement and Investment Services
Located at Fibre Federal Credit Union
822 Commerce Avenue, Longview, WA 98632
Phone: 360-414-4223
Email: bgrumbois@fibrecu.com
Investors often fear investing in election years because the stock market generally dislikes uncertainty, and election years foster it. That’s why it’s good to know that over the past 90 years, regardless of which party has won, the stock market (as measured by the S&P 500) has been down only two election years, 2000 and 2008. Primary season tends to be more volatile, but once the primary elections conclude, the market typically returns to an upward trajectory.*
For example, since 1932, U.S. stocks have seen an average gain of 11.3% in the 12 months after the primaries. Based on the S&P average, a hypothetical $1,000 stock investment when Franklin D. Roosevelt became president in 1933 would have
been worth over $21 million in 2023.
*Source: RIMES Technology, 2023. You cannot invest directly in an index. Past performance cannot predict future results. You must take certain adjustments into account in the combined income calculation.
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Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Fibre Federal Credit Union and Fibre Financial Group Retirement and Investment Services are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using Fibre Financial Group Retirement and Investment Services, and may also be employees of Fibre Federal Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from and not affiliates of Fibre Federal Credit Union or Fibre Financial Group Retirement and Investment Services. Securities and insurance offered through LPL or its affiliates are:
The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.