Quote:
Originally Posted by FlyingScot
True, but not really. If you have $100K or so in the stock market via your 401K, you might pick up $7-8K/year on average. That's nice, but hardly earth-shaking.
Also, as the past 12 years have made clear--it's kind of silly to think one party or another is a good bet to improve your stock portfolio. We've had essentially a straight line through very different presidents and very different times, even within each presidency. Compounding the puzzle is that Obama's fiscal policies were actually more conservative than *****'s.
Buy and hold...and pray! is the best investment strategy
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Exactly, we've had a 12 year run up in stock prices. What goes up must come down.
It's only a matter of time before it turns downward.
If interest rates start to rise then be very afraid!