MAGA Supportive Companies Underperform Those Leaning Democrat
Stock market analysis reveals MAGA is a financial loser. Sad!
Some people balance their stock portfolio with purpose by investing in companies that align with their beliefs, so-called “social investing.” But if you want to politically invest and vote Democratic or Republican with your portfolio, you should pause before you cast that ballot.
Stock market analysis reveals that investing in companies financially supportive of MAGA, Republican candidates, and their political action committees (PACs) is a financial loser. In comparison, companies that support Democratic candidates have handily trounced MAGA returns over the same period.
Does investing in MAGA make financial sense? This year, you would have lost money. Over three years, you wouldn’t have done much better.
Even if you don’t buy company stock, you may be financially contributing to partisan candidates and agendas whether you know it (or like it) or not. That’s because the average consumer funds politicians and PACs about 3 times more through their purchasing choices than through direct political contribution, according to Goods Unite Us, a provider of corporate political…