Originally Posted by MiddleAgedAl
If you are rejoicing at Obama's win, here's a hint to not spoil your mood: dont look at your 401K; so far in today's trading, the Dow has taken it's biggest drop in a year in response to the election results.
I guess the Harvard Business School grads who run Wall Street dont agree that it's mathematically possible to spend your way out of debt, after all....
Yes the Dow is down today, but it's up over 60% over the last 4 years. If you're going to make Barack Obama responsible for todays temporary drop you have to also give him credit for the lasting surge. My 401K looks a helluva lot better today that it did 4 years ago, even with todays significant drop.
Those Harvard Business School grads who run Wall Street should be thanking the president for all their success over the last 4 years.