Ep 28: How Do World Conflicts Impact Financial Planning?

The ongoing conflict between Russia and Ukraine is making news all over the world. People are concerned about the humanitarian crisis, as well as the economy. On today’s show, we’ll talk about how wars have historically affected the market.
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Show Notes For This Episode

On this episode of Saving the American Dream, we’re talking about the ongoing war between Russia and Ukraine and how it is affecting the people’s lives, as well as the economy.

Historically, wars and the stock market have gone hand in hand in terms of how they affect each other. Looking at the U.S. during World War II, large stocks actually went up 12.4% in 1942. In 1943, they went up 19.4%. In 1944, they went up 13.8%. In 1945, they went up 30.7%.

The war ended in September 1945. So from the extent of when America was involved in the war, markets went up substantially over that period of time. However, the markets did go down during the first few years of the war before America entered.

The Korean War was from 1950 through 1953, and large-company stocks were up pretty significantly during that time as well.

We have almost 100 years that we have market data for, and we’ve been at war for a significant portion of that time. There’s always going to be something happening in the world that can impact the economy.

The best thing you can do is be prepared for the ups and downs. If you have any questions, you can always email or call our office – online@savingtheamericandreampodcast.com or 702-767-4897.

Listen to the full podcast or use the timestamps below to jump to a specific section.

Navigating the Show

[1:28 ] Wars and the market

[2:40] World War II

[4:03] Korean War

[4:50] Market history

[8:36] Big picture

World War II ended in September 1945. From the extent of when America was involved in the war, markets went up substantially over that period of time.

– Michael Schulte

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Copyright 2020 Saving The American Dream Podcast. Michael Schulte is an investment advisor representative and certified exit planner with WestPac Wealth Partners, located at 330 South Center Street, Suite 344, Casper, Wyoming 82601. The podcast is for informational purposes only. Individual risks and investment objectives must be reviewed prior to making any recommendations. Podcasts are for informational purposes only. Any guest speakers and their firms are not affiliated with or endorsed by PAS, Guardian, or WestPac Wealth Partners and opinions stated are their own. Guardian, its subsidiaries, agents, and employees do not provide tax, legal or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. Michael is a Registered and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 5 Centerpointe Dr Suite 150, Lake Oswego, OR 97035, 503-207-4550. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. WestPac Wealth Partners is not an affiliate or subsidiary of PAS or Guardian. 2022-140225 Exp 7/24