We are open until 2 p.m. on Christmas Eve, Tuesday, Dec. 24. All of our locations will be closed on Wednesday, Dec. 25.
Registration for free estate planning seminars is now open.
An article from Morningstar has several great charts. (To see them all, click on the link.)
One chart I found to be interesting shows the number of market pullbacks, defined as the market going down greater than 5% from a record high. To summarize, over the last 10 years, market pullbacks occurred 14 times, which works out to one every 11 months, or basically one every year.
For pullbacks over 10%, there were four, so one every 2 ½ years. Despite these regular pullbacks over that 10-year period, a $100 investment would still have gone up to $270, which is why we take the bad with the good.
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.