Here’s how the Superbowl this Sunday could affect your 401k balance.
If the Rams win, your 401k will do well.
If the Bengals win, your 401k could lose.
It’s called the Superbowl Indicator. (No, seriously.)
It’s really simple. If an NFC team wins (like the L.A. Rams), the stock market has a good year.
When an AFC team wins (like the Cincinnati Bengals), the stock market has a bad year.
Before you dismiss it as the the dumbest thing you’ve ever heard, look at the facts.
Over the last 55 Super Bowls when an AFC team wins, the S&P 500 is up 80% of the time.
When an AFC team wins, it’s only up 65% of the time.
That’s statistically significant, dontcha know!?
Nothing like mixing up correlation with causation to make dumb investment decisions
