Image Source: Unsplash
Letting political beliefs get in the way of “buy and hold” has been extremely costly to investors. Going back 70 years, $1,000 invested in the US stock market only when a Republican is President would be worth $28,000 today.
$1,000 invested only when a Democrat is President would be worth more than double that at $72,000. But that $1,000 would be worth almost $2 million today for those who put politics aside and stayed invested regardless of who’s in charge in Washington DC.
(Click on image to enlarge)
More By This Author:
Where's The Weakness In Discretionary?Be Greedy When Others Are Fearful
When The Weekend Was A Good Thing
Comments
Log in or sign up to join the conversation.