December could bring seasonal tailwinds back to the stock market and return it to all-time highs. Historically, since 1950, it's the third-best month of the year for the Dow and S&P 500; it's also the third-best month for the Nasdaq, since 1971, according to the Stock Trader's Almanac,
Given the inflationary forces at play in recent decades, achieving a seven-digit portfolio isn't what it once used to be. In fact, most personal finance experts recommend that baby boomers have, on average, around $900,000 saved for retirement in order to maintain most individual's lifestyles over the course of retirement. Of course, those planning some fancy vacations or spending money at a greater rate will need well over $1 million to fulfill these goals.
Congresswoman Nancy Pelosi is more than just a widely recognized politician; she's actually a pretty good investor. And while her portfolio's performance may be enviable, even when compared to big-name hedge funds, I still think that investors should be careful when copying the big names. Either way, I think it's more than worthwhile to check in on Nancy Pelosi's portfolio, especially since there's a reason her trading activity is public for all to see.
