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Today’s Chart of the Day from Yahoo Finance shows the annual returns of the stock market by year for the last 40 years, which resulted in an average return of 12%.
It also denotes the maximum decline (pullback or drawdown) within that year with the orange dots and uses a dotted line showing these declines average 14%.
The difference between the average return of 12% and the average decline during the year of 14% reminds us that it is not unusual for the market to experience a range of 26% from low to high over a single year.
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.