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Richard Weiner
Financial Advisor
Tropical Financial Investment and Insurance Services
Located at Tropical Financial Credit Union
3050 Corporate Way
Miramar, FL 33025
Phone: 954-517-7738
Cell: 954-401-9548
Email: richard.weiner@lpl.com
September/October 2024
Election Year Stock Performance
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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Richard Weiner is a financial advisor with, and 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. Tropical Financial Credit Union and Tropical Financial Investment and Insurance Services are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using Tropical Financial Investment and Insurance Services, and may also be employees of Tropical Financial Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from and not affiliates of, Tropical Financial Credit Union or Tropical Financial Investment and Insurance Services. Securities and insurance offered through LPL or its affiliates are:
The sender and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.
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