Transcript

Tim Buckley: Well over 100 questions on the election. So they're not asking what we think about the election, but more like every time we have an election year, it's like how this will affect my portfolio, like what will it do in the markets?

Greg Davis: I mean, what we tell clients is, "Focus on the long term in your investment strategy. Control the things that you can control in terms of diversification, low cost, having a long-term plan." The realities when you look at the numbers, election year/non-election year, there's not a meaningful difference in terms of equity market and 60/40 returns in those types of environments. So to predict if the market's going to be up or down based upon an election year, the evidence doesn't show that. So we just say, "Focus on the things you can control and don't worry about the noise of what happens with an election how it turns out." Because it's really going to be driven by, hey, how is your portfolio constructed for the long term in terms of whether you're going to be successful or not.