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Old 09-25-2020, 01:14 AM   #11
xoxoxoBruce
The future is unwritten
 
Join Date: Oct 2002
Posts: 71,105
Edward Jones, my financial guru, sent advice...

Will the stock market have short-term reactions to the policy proposals and election uncertainties? We think so.
But there is good news for long-term investors. History shows us it’s the fundamental factors – such as economic growth, rising corporate profits and interest rate conditions – that are the more powerful and lasting determinant of market performance. When it comes to your portfolio, ensure your financial goals, not election uncertainties, are your guide.

1. The market doesn’t "win" or "lose" on election day.
2. Differing policies may rock the boat but won't sink the ship.
3. The market doesn’t have a political party. Elections matter, but fundamentals matter more.
4. When it comes to your portfolio, vote with your goals, not the polls.

Since World War II, the average annual return of the U.S. stock market has been 11.1%. It has performed well under both Republican and Democratic presidents, with the strongest annualized returns occurring during the Reagan (R), Eisenhower (R), Obama (D), Clinton (D) and Ford (R) presidencies.


What I heard...
We are the fount from whom all blessings flow.
We own the money
We own the government
We own America
We own the World.
Bwahahahahahaha
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The descent of man ~ Nixon, Friedman, Reagan, Trump.
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