Investments Archives | Restoring Liberty

Congressional Democrats appeared to greatly enhance their wealth in 2024, despite only earning a yearly salary of $174,000.

Democrat stock portfolios in 2024 far outpaced the S&P 500, a study by Unusual Whales found Tuesday, spiking on average 31 percent, seven points higher than the S&P 500 (24 percent) and five points higher than Republican colleagues (26 percent).

Unusual Whales estimated each member’s stock portfolio performance by calculating the value of each stock from the beginning of 2024 to the end of 2024.

The biggest Democrat offender was Rep. Debbie Wasserman Schultz (D-FL), whose portfolio spiked 142 percent, the report found:

Wasserman Schultz sits on the Environment, Manufacturing, and Critical Minerals Sub Committee and bought shares in Hecla Mining Company ($HL), which peaked at +45 percent.

The congresswoman, who also sits on the House Appropriations Subcommittee on Military Construction, also bought shares in Viasat ($VSAT), a military company. Viasat stock price rose 41 percent since her purchase.

(Read more from “Study: Congressional Democrats’ Stock Portfolios Spiked 31 Percent in 2024, Far Outpacing S&P 500” HERE)

Forget Blockchain — investors might want to consider putting their money into LEGO blocks, which appreciate faster than even gold, according to a recent study.

Researchers at Moscow’s Higher School of Economics found retired LEGO sets appreciated in value 11 percent annually from 1987 to 2015 — more than gold, stocks or bonds.

LEGO sets get pricier over time thanks to “high collectible value” combined with diminishing supply, the report said. Most LEGO sets are discontinued after a few years.

LEGO prices are relatively unaffected by the stock market, the study found, and increased during the 2008 financial crisis. (Read more from “Study Finds Discontinued Lego Sets Are a Better Investment Than Gold” HERE)

Photo credit: Flickr

Delete Facebook, Delete Twitter, Follow Restoring Liberty and Joe Miller at gab HERE.

Posts