Today’s Chart of the Day comes from Bank of America research provided by Ibbotson, which is an investment research company. It is a nice follow up chart to the View from the Top of the Hill presentation we recently provided. In the post, it's noted that $1 invested in U.S. large company stocks in 1824 was worth $16 million in October 2023 with dividends reinvested. This is a sharp illustration of the power of compounding interest and total return. It would be interesting to see the return for the next 200 years.
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.
