Chart of the Day: Winners Don't Win Forever

Today’s Chart of the Day is from Counterpoint Global with data from FactSet. It shows the top three largest US companies from 1950 to 2023. AT&T dominates the list until the early 1980’s but is now 45th. Exxon dominated from 1974 to 2014, but still holds on today at 11th. Microsoft began its run in 1997 and Apple in 2010. This highlights that “winners” don’t hold on forever, and the prudence to trim oversized positions to keep a portfolio balanced.

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Buying Your First Home: What to Expect

Buying your first home is both exciting and intimidating. It's likely the largest amount of money you've ever spent, and you want to ensure you know exactly what to expect. Understanding the process and having the right team to assist you will help you embark on this journey with confidence.

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Chart of the Day: US Work Ethic

Today’s Chart of the Day is from the Financial Times and shows the number of annual hours worked, per worker, for select economies since 1974.

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Did You Know that Even Businesses Need an Estate Plan?

Owning a business is a significant achievement but with it comes the responsibility of planning for its future. Whether you intend to keep the business within your family, sell it, or ensure its smooth operation after you pass away, adequate planning is crucial. Careful estate planning can protect your business from unexpected tax liabilities and ensure its continuity according to your wishes.

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Chart of the Day: State Taxes

Today’s Chart of the Day is from Visualcapitalist.com and shows the percentage of personal income paid toward state and local taxes by state in 2024.

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Our 2024 Summer Seminars Are Here! | Crews Bank & Trust

Summer is a great time to dedicate yourself to your interests. When you have free time, consider making an investment in your greatest asset: yourself and your future! At Crews Bank and Trust, we're excited to help you on this journey with our 2024 Summer Seminars.

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Chart of the Day: Short 1.5 Million Housing Units

Today’s Chart of the Day from ResiClub shows that the US housing market is short 1.5 million housing units. As with all things, the causes, fixes, and effect on our economy are part of a long equation, much too long for this post.

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Insured Cash Sweep (ICS): Ensuring Your Deposits Beyond $250,000

In the world of banking and finance, safety and security are paramount concerns for individuals and businesses alike. The Federal Deposit Insurance Corporation (FDIC) has long provided peace of mind by insuring deposits up to $250,000 per depositor, per insured bank. However, what if you have more than $250,000 to protect? This is where the Insured Cash Sweep (ICS) program comes into play.

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Chart of the Day: Recovering from Losses is Hard

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Chart of the Day: Florida's 6%

Today’s Chart of the Day with data from the US Census Bureau compiled by Michael Arouet shows that 52% of the US population lives in seven “Mega Regions” which are made up of only 15% of the total land in the US.

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Plan Ahead: Prepare for Your Future with Estate Planning

Many of us were taught from a young age that it’s not polite to talk about money or ask about beneficiaries. These topics can be awkward and uncomfortable, and no one likes to think about becoming unhealthy or worse, not around at all. However, clear communication and effective estate planning are crucial to ensure that your assets last and are distributed according to your wishes.

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Chart of the Day: Half of World GDP

Today’s Chart of the Day from Epic Maps, @Locati0ns on X, shows that 50% of the world’s Gross Domestic Product (aka GDP, which is a measure of all the things produced) comes from these green areas, which in turn makes up only 3.6% of the total land mass of the world. Yes, it includes Florida.  

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Do I Really Need an Emergency Fund?

How do you feel when you’re about to get out of your car, it starts pouring rain, and you realize you don’t have an umbrella?

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Chart of the Day: Odds to Live at Age 65

Today’s Chart of the Day from JP Morgan shows the probability of how long you'll live if you reach age 65.

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Preventing Your Treasures from Turning into a Loved One's Headache

We all have read about or seen someone on Antiques Roadshow who had a family's collection of coins or garage sale find that turned out to be worth far more than expected - rare, but it happens. What do you do with these treasures when it's time to write your will or trust?

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