Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: DredTennis

We'll see how much of an impact that will have. I remember the conventional wisdom two years ago when the markets were struggling, that the third-quarter 401-k statements were going to drive voters to Kerry. That didn't happen, so it remains to be scene if the opposite scenario will help the GOP.


2 posted on 10/16/2006 6:52:20 AM PDT by Numbers Guy
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Numbers Guy
"We'll see how much of an impact that will have. I remember the conventional wisdom two years ago when the markets were struggling, that the third-quarter 401-k statements were going to drive voters to Kerry. That didn't happen, so it remains to be scene if the opposite scenario will help the GOP."

Unfortunately the third quarter statements do not reflect the recent surge. November monthly statements will reflect the recent gains and should help with the non 401K crowd.
6 posted on 10/16/2006 7:07:56 AM PDT by Bogeygolfer
[ Post Reply | Private Reply | To 2 | View Replies ]

To: Numbers Guy

I'd imagine there will be a split between active and passive investors. Those who actively manage their own portfolios probably have a better grasp of what issues and political acts drive economies. Those who are passive 401(k)/503(b) mutual fund investors likely don't follow the news that closely and won't see correlations between governance and the health of an economy. i.e. the active investor is much less likely to be fooled into thinking that gas prices have recently been manipulated to be lower for the election.


7 posted on 10/16/2006 7:37:57 AM PDT by posterchild (Ad astra per aspera)
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson