All locations will be closed Thursday, November 28, for Thanksgiving. We will be open regular hours on Friday, November 29.
Registration for free estate planning seminars is now open.
This chart shows the value of $1 going all the way back to 1802 and was previously shared as a Chart of the Day. However, I'd like to share it once again as the figures were updated to include data from 2021. The chart was created by Jeremy Seigel in his book called “Stocks for the Long Run” published in 2014.
It is pretty self-explanatory, except to remember these are “real” returns, which are returns after inflation. It is sad to see that the US dollar went from $1.00 to only worth $0.04, and that the value of gold only went up to $4.06, both of which highlights the detrimental effects inflation over the long-term.
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.