I pulled out of the market several years ago as well. I had the most success over the last 40 years investing in the money market but I've not done that in a long while. I just keep two mutual funds and my PERS account these days. The mutual funds I control now instead of a broker...the PERS is still tied to the market until I cash it out and it's performed well so I've left it to work for me the last few years.
Dow Jones - DJIA - 100 Year Historical ChartMacrotrendshttps://www.macrotrends.net › dow-jones-100-year-hi...
President - growth Reagan - 135% HW Bush - 45% Clinton - 226% Dubya - -21% (yes net negative) Obama - 148% Trump - 56% Biden (to date) - 21~% Biden hasn’t been so good historically, but look back prior to Reagan and you’ll see 21% ain’t that bad. Also gotta take into account he’s been dealing with inflation, wars, and other economic headwinds and yet the economy is still chugging along. source: https://finance.yahoo.com/news/stock-market-performed-under-president-220026422.html
The increase for Biden only goes thru Feb. 6, 2023. The market had a big bump beginning mid year and ended up substantially higher than 21%.
Now I remember why I liked Reagan, and really liked Clinton. Good times to be in the stock market. It was raining money.
I hand calculated my number for Biden based on the current stock number, that’s why I stated (to date).
I play the S&P and for my age I’m on pace for a beautiful cherry on top of my phat pension just sayin..
His campaign slogan was obvious BS, and his foreign policy was shit. He was far better than Trump or Biden though.
Aren't they all? Although not an official slogan, I've always liked "Dick Nixon.. before he dicks you" barfo
It just came off as completely phony to me, and it was basically all he ran on. I wasn't at all impressed. *Edit* Obama ran on shutting down Guantanamo, Universal Healthcare and...well, literally Hope and Change. He then governed slightly to the right of Clinton, but with a horrendous/nonexistent foreign policy.
Honestly I think you’re sleeping on Biden, he’s been a great president all things considered. Outside of his age, he's handled things extraordinarily well. The only major blunder of his administration so far IMO was the Afghan withdrawal. He may not have signed that shitty agreement with the Taliban, that was Trump, but the execution of the withdrawal was mind numbingly bad. I would argue he’s been a better president than Obama, and certainly the best president we’ve had since Clinton. Look at the facts, look at the challenges he's had to face, it's unprecedented. Even Obama had more sane Republicans to deal with than the social media clowns that parade around pretending to be serious politicians, and Obama got less done in 8 years than Biden has in 3.
Maybe. I never voted for Obama. I did vote for Biden (at least, against Trump). The US is also currently pumping more oil than any country in history. Biden has been far superior to both Trump and Bush though.
My Roth 401k gained close to $12k this week. it’s funny to me that the stock market has crushed it under Biden. It was always a measuring stick of economic success for Trump and he spoke so frequently about it. He even said Biden would crush your 401k’s during the last election. I’m willing to bet it will be a topic that Trump and his handlers will avoid leading up to the next election.
