Since the end of the Second World War, there have been 14 presidential elections – eight have been won by Republicans and six by Democrats. The average rise on the Dow Jones during a Republican presidency is 37%, compared with 46% during a Democrat presidency. The largest rise on the Dow Jones came during Bill Clinton’s first term, between 1992 and 1996.
Just opened up my roth with etrade a few days ago, as well as throwing in some cold hard cash to make some stock moves. Keepin an eye on a few companies and when the time is right I will jump in and see what I can do :ohnoes:
You guys got balls messing in the stock market like that…I always feel like im gambling if I “play” the market. All my money is in low yield, stable mutual funds.
I figure I started saving at 22…im in no rush…just let it build slow and sure till 35 or so and then start playing around for retirement.
the week before sept 11th i had a friend that was money smart preach to me how i should have money in stocks and mutual funds, the week after sept 11th i asked him how he felt about those mutual funds, and he lost his ass. Its a gamble, and one that could really pay off. But like all gambling if you don’t have the money to lose, you don’t have enough to play, i’ll just get my money from uncle sam in a few years when i retire from the service.