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 Trump'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!