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Old 11-08-2024, 04:20 PM
Lynn Lynn is offline
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"I look forward to watching my 401k's go north and make up for the losses incurred over the last 3 years."

You may need a new financial advisor. While the Dow isn't the only indicator, it is a big indicator.

On Nov. 3, 2020 (election day) the Dow was at 26,925.05.

Election day 2024, the Dow was at 42,221.88.

The increase is approximately 56%. Whatever you want to blame on Biden (and there is plenty) it shouldn't be the stock market.

What history has shown is that over time, when it comes to the effect on the market, what helps most is NOT having either party in charge of all three (Senate, House & White house).
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