No. of Recommendations: 5
Seen in the NYT:
“Stocks have tended to rise regardless of which party controls the government. If you had invested $1,000 in the S&P 500 at the start of the Eisenhower administration in 1953, and stayed in only under Republican presidents, you would now have $30,000, according to an analysis by the financial services firm Carson Group. If you had invested the same amount only under Democratic presidents, you’d now have $60,000. But by far the best bet would have been to stay invested the whole time, in which case you’d have almost $1.7 million.”
