New research shows that a portfolio that mimics the stock purchases of members of the U.S. House of Representatives beats the market by 55 basis points per month (approximately 6% annually).
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New research shows that a portfolio that mimics the stock purchases of members of the U.S. House of Representatives beats the market by 55 basis points per month (approximately 6% annually).
Now all we have to do is follow the Senators and House of rep. investments and will be able to make the $$$$ too.
Congress and their advisors should be subject to insider trading rules whether through blind trust or not, being in a position to ease, prevent legislations by which profits are made. Is there any other reason to lobby?