Saturday, February 14, 2004
Election's course likely to alter some of your investing choices
The decision you make about Republican and Democratic presidential candidates will lead to a logical vote in the polling booth.
Unfortunately, those same political beliefs could become a stumbling block in your personal investments.
"I have Democratic friends who didn't buy into the tax cut and its impact on the market, so they missed the early part of the rally," said Barry Ritholtz, market analyst with the Maxim Group global money management firm in New York. "I also have Republican friends who were caught off-guard by the recent market sell-off because they weren't paying attention to things like budget deficits."
The decision you make about Republican and Democratic presidential candidates will lead to a logical vote in the polling booth.
Unfortunately, those same political beliefs could become a stumbling block in your personal investments.
"I have Democratic friends who didn't buy into the tax cut and its impact on the market, so they missed the early part of the rally," said Barry Ritholtz, market analyst with the Maxim Group global money management firm in New York. "I also have Republican friends who were caught off-guard by the recent market sell-off because they weren't paying attention to things like budget deficits."
