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Old 01-05-2021, 02:53 PM   #54
FlyingScot
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Quote:
Originally Posted by YOLO View Post
If you have a pension, 401K or other retirement vessel, you are in the market whether you know it or not.
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 Trump's.

Buy and hold...and pray! is the best investment strategy
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