catzmeow
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http://www.nytimes.com/2012/10/21/y...nl=todaysheadlines&emc=edit_th_20121021&_r=2&
Are you better off in the last 4 years? Absolutely. My IRA has grown by over 50% in the past 3 years.
Through Friday, since Mr. Obamas inauguration his first 1,368 days in office the Dow Jones industrial average has gained 67.9 percent. Thats an extremely strong performance the fifth best for an equivalent period among all American presidents since 1900. The Bespoke Investment Group calculated those returns for The New York Times.
The best showing occurred in Franklin D. Roosevelts first term, when the market rose by a whopping 238.1 percent. Of course, that followed a calamitous decline. When his term started, the Dow had fallen to one-fourth of its former peak. In 2008, the year before Mr. Obama took office, the Dow declined by roughly one-third.
After Franklin Roosevelt, the next-best market performances occurred under Calvin Coolidge, Bill Clinton and Dwight Eisenhower. These exceptionally strong markets helped all of them win the next election and the stock market is undoubtedly helping Mr. Obama, too, even if he isnt saying much about it.
Are you better off in the last 4 years? Absolutely. My IRA has grown by over 50% in the past 3 years.