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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: very stable genius   😊 😞
Number: of 84362 
Subject: 401(k) Millionaires Hit All-Time High
Date: 08/28/24 11:39 AM
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Under Stock Market Czar Kamala Harris the number of 401(k) millionaires hit an all-time high, according to Fidelity Investment’s latest quarterly report,
buoyed by steady investing and strong stock-market/economic performance.

Guess who was completely wrong as usual?...

"If Biden is elected, the stock market will crash." -DJ Trump

"The policies of the left would unleash an economic disaster of epic proportions, they will destroy our country. We will go into depression." -DJ Trump

Since 1945, the S&P 500 has averaged an annual gain of 11.2% during Democratic presidencies, compared to 6.9% under Republican presidencies!
Bill Clinton saw the highest stock market performance with a 210% increase in the S&P 500 during his presidency (1993-2001).

snopes.com - Trump stock market prediction

marketwatch.com - K millionaires hit a record high and it seems this slacker generation is finally getting its act together
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Members reply directly to very stable genius here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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