On the bright side
October 15th, 2008
news, politicsAt least the 10% of my 401k that I lost today is not as much as the 10% I lost yesterday.
As a side note, it is interesting that the stock market performs better and with less volatility during Democratic presidencies:
Using the Dow Jones industrial average as the benchmark, Stock Trader’s Almanac shows a $10,000 investment compounded during Democratic presidencies since 1901 would be worth $279,705 after 48 years. The same $10,000 investment during 56 Republican years would have been worth just $78,699. If you adjust for inflation, the value of a $10,000 investment under Democratic presidents is $33,426.The inflation-adjusted value under Republican presidents is $26,145.
Stumble it!Comments
Leave a Reply
