Using the Dow Jones industrial average as the benchmark, Stock Trader`s Almanac shows a $10,000 investment compounded during Democratic presidencies since 1901 would be worth $279,705 after 48 years. The same $10,000 investment during 56 Republican years would have been worth just $78,699....
(I think this was calculated as at July 2008 and excludes the tumble that we saw in October...)
Tuesday, November 4, 2008
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