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Want to beat the stock market? Just copy Congress! Politicians' trades perform twice as well as market average and Nancy Pelosi's portfolio has grown by 50 PERCENT in 2023
UK Daily Mail ^ | December 9 2023 | LEWIS PENNOCK

Posted on 12/09/2023 11:48:12 AM PST by knighthawk

Investors dedicate countless hours to solving the mystery of how to beat the stock market - and many lose millions of dollars in the process.

But the answer might be simple: Just copy Congress.

A tool which copies trades made by members of Congress and their families has gained nearly 20 percent this year – performing twice as well as the stock market average of eight to ten percent.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: News/Current Events
KEYWORDS: congress; investment; nancypelosi; stockmarket
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1 posted on 12/09/2023 11:48:12 AM PST by knighthawk
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To: knighthawk

Can you say, “Insider trading?”


2 posted on 12/09/2023 11:50:58 AM PST by ought-six (Multiculturalism is national suicide, and political correctness is the cyanide capsule. )
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To: knighthawk

These are blind trusts and any claims that Congress profits from insider trading are kooky conspiracy....

facts.


3 posted on 12/09/2023 11:53:28 AM PST by cgbg ("Our democracy" = Obey or get canceled.)
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To: knighthawk

Amazing how that works, isn’t it?


4 posted on 12/09/2023 11:53:52 AM PST by ComputerGuy (Heavily-medicated for your protection)
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To: knighthawk
"Just copy Congress!"

If we copied Congress we'd be in prison.

5 posted on 12/09/2023 12:01:56 PM PST by silent_jonny (Mene, mene, tekel, upharsin, Joe. The feet are at the door (Acts 5:9) 9-18-21)
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To: All

It’s been rumored Pelosi’s husband Paul’s trades are being followed.


6 posted on 12/09/2023 12:03:30 PM PST by Liz (Women have tremendous power — their femininity, because men can't do without it. Sidney Sheldon)
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To: knighthawk

Sp500 up 21 percent ytd 2023 ...


7 posted on 12/09/2023 12:03:55 PM PST by bankwalker (Repeal the 19th ...)
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To: knighthawk

That’s why people run for Congre$$.


8 posted on 12/09/2023 12:03:56 PM PST by antidemoncrat
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To: knighthawk

Um. Someone like Fidelity or something should start a new fund. They could call it “The Federal Government Elitist Vison Fund”. Mirror the investments of Congress. I would buy into it, depending on the load...


9 posted on 12/09/2023 12:03:59 PM PST by fhayek
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To: cgbg

Can you please post the facts?


10 posted on 12/09/2023 12:09:07 PM PST by Starboard
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To: knighthawk

Worth yet another investigation.

In regard to Nancy Pelosi ... Nancy claims she doesn’t make stock investments. She says their investments are handled by her husband. This may be true.

Nancy and Paul are rich and worth over $100M. Paul owns a venture capital investing company and is no slouch when it comes to investing. The rich have no problem making and losing money.

Here is one article about Paul Pelosi’s semi-recent success with Apple and Microsoft call options.

https://finance.yahoo.com/news/nancy-pelosis-husband-exercises-2-235828529.html


11 posted on 12/09/2023 12:10:42 PM PST by plain talk
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To: knighthawk
Perfectly legal but Trump taking out loans, paying them back with interest, and creating thousands of jobs is a threat to the public.


12 posted on 12/09/2023 12:17:05 PM PST by GrandJediMasterYoda (As long as Hillary Clinton remains free, the USA will never have equal justice under the law)
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To: Starboard

This article is a good place to start:

https://www.businessinsider.com/nancy-pelosi-stock-trading-ban-blind-trust-loophole-ethics-experts-2022-9

Anyone who does not get rich (or a lot richer) while in Congress should be nominated for sainthood.


13 posted on 12/09/2023 12:20:10 PM PST by cgbg ("Our democracy" = Obey or get canceled.)
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To: knighthawk
Should have a new bill. All people in Congress should be banned from owning stocks and mutual funds (including their spouses).

Otherwise, limit their service to one term.

14 posted on 12/09/2023 12:24:30 PM PST by MinorityRepublican
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To: MinorityRepublican

It would just be easier to have them serve one term in Congress and then an equal term in prison—would save the bother of investigating and prosecuting them for insider trading—they are going to do it anyway.

;-)


15 posted on 12/09/2023 12:27:13 PM PST by cgbg ("Our democracy" = Obey or get canceled.)
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To: knighthawk

Nothing to see here. Move along, peasants...


16 posted on 12/09/2023 12:32:18 PM PST by simpson96
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To: knighthawk

btt


17 posted on 12/09/2023 12:39:00 PM PST by GailA (GMOs have a new name 'BIOENGINEERED' read labels. Constitutional Conservative.)
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To: knighthawk

I think if one of these public servants is caught insider trading they should be executed two weeks after conviction..no appeal.


18 posted on 12/09/2023 12:54:23 PM PST by vetvetdoug
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To: silent_jonny
 
 
LoL - truth!
 
 

19 posted on 12/09/2023 1:05:02 PM PST by lapsus calami (What's that stink? Code Pink ! ! And their buddy Murtha, too!)
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To: knighthawk
NANC is a dem etf.

KRUZ is a gop etf.

Better off just throwing your money into spy in the long run. A vanguard fund will save ya in fees.

20 posted on 12/09/2023 1:08:49 PM PST by Theoria
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