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Harpy Eagle
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I’m a Retirement Planner: 5 Moves You Should Make If You Think Trump Will Be Re-Elected
The 2024 presidential election is approaching, and many of us are concerned about what this might mean for our retirements. While it's natural to feel concerned about political changes, financial...
To put things in perspective, Edelman Financial Engines conducted a study examining market performance under different political parties. The results are eye-opening:
- If Americans invested only when a Democrat was president, starting in 1948: $10,000 would have grown to $1,200,696.
- If invested only when a Republican was president over the same period: $10,000 would have grown to $309,811.
- If they stayed invested the entire time, regardless of which party controlled the White House: $10,000 would have grown to $37,198,830.
I just found this interesting. I cannot find much on how they came to these numbers, if it is just the DJI or all markets or what have you.