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Retirement Capital Strategies
  • Getting Started
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  • September 23, 2020

Shelter-in-Place Market Update 9.23.2020. Look for upcoming bounce.

Disclaimer - Read More

Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California.

The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Statements and opinions are subject to change without notice. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. Accordingly, you should not rely solely on the information contained in these materials in making any investment decision as the material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this presentation. Before acting on information discussed in this presentation, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor. Prospectuses, investment objectives, risks, charges and expenses of any investment product should be reviewed carefully before investing. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Retirement Capital Strategies and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Tom Vaughan or Retirement Capital Strategies unless a client service agreement is in place. “Likes” are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Please honor our request to limit your posts to industry-related educational information, comments and questions. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Investment positions mentioned in these videos may be held in some of our existing portfolios. Tom Vaughan and Retirement Capital Strategies are unaffiliated and separate from those companies whose investment positions are mentioned and is not liable for their products or services.

By participating in any of these live streams, you agree that any questions submitted by you might be used by us in the future on this YouTube channel. We will not share your personal information.

If you have questions, please write to us at: asktom@talkmoneywithtom.com.

  • MoneyGuidePro®
  • Advent Software/Black Diamond Reporting
  • Riskalyze, Inc.
  • thinkpipes®
  • Right Capital
  • YCharts, Inc.

Transcript

Hello, everybody, welcome to today. Well, the S&P 500 was down almost 2.4%. Today, unfortunately, and it was a fairly broad sell off, I’m often talking about the 415 targeted stock market indexes that I’m following. Only nine of them were positive today and the rest are negative. So pretty big day as far as that goes, unfortunately. And, you know, we’re doing, you know, issues right now, one being the stimulus package isn’t going to happen, not happen. I think that’s the biggest issue, because is the economy strong enough as it is to keep things rolling? Or do we need more money. And so that’s what we’re going to be kind of finding out. And that’s what the market is thinking about there, too.

But the presidential election is another area. And this is something I’m going to dig into for those of you that are attending the lunch with Tom, I want to thank everybody that has signed up so far. And basically, what I’ve done so far is just take a look at the last 10 election. So 40 years, going back to 1980. I’m going to take the S&P 500 investment in Vanguard, okay. And so according to Morningstar, if we look at the three months before each one of those elections, the average rate of return was .8%. So basically breakeven, that three months after each of those 10 elections, the average rate of return was 4.8%. positive.

So just to summarize, before an election, the market generally goes sideways. And then after election, it goes up. It makes some sense, there’s some, you know, concerns about who’s going to be president and then once we know that certainty certainly helps. There’s some seasonality that plays in there also, and whatnot, too. But there are a couple of interesting exceptions. There’s only two times that the market was down in the three months after presidential election, once was in 2008. That’s really we were in the middle of a massive, you know, financial, worldwide disaster that was happening. And so that makes some sense.

The other one instantly enough was in 2000, where we had a contested election. And of course, that’s what people are concerned about. Now. That was down 6.1%. You know, so not terrible, as far as that goes. But that is why there’s some, you know, talk about that. And it’s why I’ll talk about it in the lunch with Tom, just because I am getting a lot of questions about it, we can dig into that a little bit deeper. If we look at the three months, you know, before this election, that would start on August 3. And if we look at that, up until today, the S&P 500 is down about .8%. So really, pretty much in line with the average that we’ve seen long term over that 40 year period so far, you know, we’re not there yet. So we’ll see what happens. But so anyway, that’s what’s happening right now. I look forward to seeing what’s going to happen tomorrow. See if we get a bounce and I will talk to you then. Thank you very much.

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Disclaimer - Read More

Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California.

The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Statements and opinions are subject to change without notice. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. Accordingly, you should not rely solely on the information contained in these materials in making any investment decision as the material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this presentation. Before acting on information discussed in this presentation, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor. Prospectuses, investment objectives, risks, charges and expenses of any investment product should be reviewed carefully before investing. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Retirement Capital Strategies and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Tom Vaughan or Retirement Capital Strategies unless a client service agreement is in place. “Likes” are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Please honor our request to limit your posts to industry-related educational information, comments and questions. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Investment positions mentioned in these videos may be held in some of our existing portfolios. Tom Vaughan and Retirement Capital Strategies are unaffiliated and separate from those companies whose investment positions are mentioned and is not liable for their products or services.

By participating in any of these live streams, you agree that any questions submitted by you might be used by us in the future on this YouTube channel. We will not share your personal information.

If you have questions, please write to us at: asktom@talkmoneywithtom.com.

  • MoneyGuidePro®
  • Advent Software/Black Diamond Reporting
  • Riskalyze, Inc.
  • thinkpipes®
  • Right Capital
  • YCharts, Inc.

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PrevPreviousShelter-in-Place Market Update 9.22.2020. Hang in there, I think we will be ok.
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