I'd like to say I was shocked, but I am not.
(twitter.com)
Comments (8)
sorted by:
Call me crazy, but I don't trust anyone in that tweet, including the author.
I am inclined to agree with you... mtgreenee although quite new to the arena was recently on the list for achieving just 18% in stock returns along with the best of the grifters... can't forget she hugely supported mcCarthy... etc.
Isn’t she the one caught on camera flirting with McCarthy?
18% is actually poor performance if we're talking about stocks in 2023. The average return for 2023 for the S&P500 was 26%.
https://www.visualcapitalist.com/asset-class-returns-2023/
Did she have the capital to invest in very many of the large cap and how did she know which ones? Maybe she bet well with the large cap... but fact is, it's not so very easy.
She underperformed the market average if she only got 18%. The market average was 26%. She's actually making bad investment decisions. If anything, this is evidence that she's not abusing her congressional seat for personal gain, unlike the other members of Congress that get much higher returns than the market average.
This doesn't make any sense. Anyone can invest in the 500 large cap stocks that make up the S&P500 index through mutual funds with as little as $1, and if you did that at the start of 2023 you'd have 26% more money at the end of 2023. You don't have to be wealthy. Here's one such mutual fund: https://fundresearch.fidelity.com/mutual-funds/performance-and-risk/315911750 There are dozens more just like it.
Might be how she did it... Some of those mutuals also underperformed the average and some over performed
Yeah, there are too many holes, and questions to be answered, in this tweet. So many, I am not interested in going down that rabbit hole.