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Did Bush's inauguration effect the way you invest?

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skipos Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-12-06 03:57 PM
Original message
Poll question: Did Bush's inauguration effect the way you invest?
If you follow history, you know that democratic presidents are generally better for the economy and better for the stock market.

Feel free to vote now, or check out the stats below...

DOW SINCE 1901
Republican years No. of years Change
1901-1912 12 48.3%
1921-1932 12 -24.5%
1953-1960 8 121.2%
1969-1976 8 2.1%
1981-1992 12 247.0%
2001-2004 4 -10.4%
Total 56 years 383.7%
*****Avg. annual change 6.9%*****

Democratic years No. of years Change
1913-1920 8 29.2%
1933-1952 20 318.4%
1961-1968 8 58.0%
1977-1980 4 -3.0%
1993-2000 8 236.7%
Total 48 years 639.6%
*****Avg. annual change 13.3%*****
Source: Stock Trader’s Almanac 2005
http://www.usatoday.com/money/perfi/columnist/krantz/2005-12-02-presidents_x.htm



"The Forbes rankings take into account a variety of economic factors (GDP growth, per capita income growth, employment gains, unemployment rate reduction, inflation reduction and federal deficit reduction) and are a good gauge for how average Americans fared during each president's tenure in office. The rankings are not based on a specific economic theory, but instead simply combine data that experts recognize as indicators of a healthy economy."

According to Forbes, the top 3 most prosperous economies were under
1. Bill Clinton
2. Lyndon B. Johnson
3. John F. Kennedy
http://www.msnbc.msn.com/id/5474580/



AT THE CLOSING BELL WHEN BUSH TOOK OFFICE on January 22, 2001
Dow - 10,578.24
Nasdaq - 2,757.91
S&P 500 - 1,342.90

AT THE CLOSING BELL TODAY, June 12, 2006
DJIA 10,792.58 -99.34 -0.91%
Nasdaq 2,091.32 -43.74 -2.05%
S&P 500 1,236.40 -15.90 -1.27%
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EST Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-12-06 04:01 PM
Response to Original message
1. Invest?
With what? From where?
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nealmhughes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-12-06 04:49 PM
Response to Reply #1
4. You beat there.
$85K worth of student loans for six years of school. Medical bills out the wazoo. What is invest?
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patdem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-12-06 04:25 PM
Response to Original message
2. My thinking on 2000 was if Gore won invest in alternative fuels
if bush* won invest in oil. I guess I was correct, only I don't invest
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Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-12-06 04:34 PM
Response to Original message
3. I pulled my money out of the market
and put it into a fixed interest account. It will stay there until he is out of office. Slow growth, but it is at least relatively safe unless we go into a full-blown depression. Then, we're all in it together.
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skipos Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-13-06 03:58 PM
Response to Original message
5. Kick for yet another crappy day for the market.
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