Today’s Chart of the Day comes from S&P Dow Jones, which just celebrated 20 years of tracking market metrics, and shows only 18% of stocks outperformed the average during that time. One reason why is that many companies don’t last 20 years; a recent study by McKinsey showed that the average lifespan of companies on the S&P 500 went from 61 years in 1958 to only 18 years today. Many are bought out, merged, or become bankrupt.
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.
