Investors Make Much More Money When Democrats Are in the White House [Video]

Stock market investments grow significantly more under Democratic presidents as opposed to Republicans, according to a new study.

Research conducted by financial services company Charles Schwab detailed a hypothetical investment of $10,000 in the S&P 500 in 1948, which would have grown to $1.2 million by 2023 if only invested when Democrats controlled the White House, with a return of just $312,000 in the same period if the amount was invested under Republicans.

However, if investors ignored the political affiliation of the president and continually invested throughout this time period, that $10,000 would be worth nearly $38 million in 2023.

“Analysis shows markets have tended to perform better under Democratic presidents than under Republicans – ignoring who is in control of the House and the Senate,” said Richard Flynn, U.K. Managing Director at Charles Schwab. “However, while presidents are often quick to take credit for strong stock market performance or blame their predecessor for poor performance, history indicates they are likely …