Many of our locations have returned to regular business hours.
The Cape Haze, Englewood Drive-Thru, Venice, Bowling Green, and Boca Grande locations are temporarily closed. Please check back for updates.
All locations will be closed Monday, Oct. 14, in observance of Columbus Day.
Today’s Chart of the Day is from a Financial Times article called “Past Performance is a Public Enemy” and includes a chart provided by Schroders. It shows that the returns of top ten performing stocks in the following year, and all the years after, were negative.
The article goes on to say that in 13 of the past 18 years, not a single US stock that was a top ten performer in one year also made the top ten in the next. This reinforces that companies who win in the long run are often not the ones that are the best performers in any one year but are the ones that can grow sustainably in the long run. Trade wisely and know the odds are in favor of the “sell high” side of the old adage, “buy low, sell high.”
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.