Today’s Chart of the Day is from OfDollarsAndData and shows when the market is “down” after its last record high. As you can see, the market is down most of the time, and there are numerous 10% or greater downturns almost every 1.5 years. However, from time to time, the market hits new records and patience is rewarded by an annual return of 9.6% since 1926.
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.
