Today’s Chart of the Day from @MVMoneyVisuals on X, formerly known as Twitter, sums up many of the comments heard by advisors over the years. On a long enough timeline, there has never been a bad time to own stocks for the long-run.
For instance, the difference between annual returns in buying during the bottom and the peak of the Great Recession during 2007 and 2009 is 8.9% vs. 15.3% respectively, both of which are admirable returns.
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.