Businesses, Stock Markets & the Economy

Stock Market Returns Are Anything But Average (Ben Carlson, CFA)

“From 1926-2020, the average return for the U.S. stock market was basically 10% per year.

Investing in the stock market would be way easier if you could simply bank on 10% year in and year out. Unfortunately, it doesn’t work that way.1

If stock market returns were consistent each year, there would be no risk. If there was no risk to investing in the stock market, the stock market wouldn’t offer such attractive returns.”

Your Finances & other Wealth Management links

Owning a Car vs. Leasing a Car (Ben Carlson, CFA)

You Still Have Time to Ask Colleges for More Financial Aid. “Here are some tips on appealing your offer, especially if your finances have changed. Schools “are keenly aware” of flexibility needs, one expert says.” (The New York Times)

SSA Inspector General: New Tactics for Government Imposters (ssa.gov)

“If you receive a suspicious letter, text, call or email, hang up or do not respond. You should know how to identify when a call is really coming from Social Security. We will NEVER:

• Text or email images of an employee’s official government identification.
• Suspend your Social Security number.
• Threaten you with arrest or other legal action unless you immediately pay a fine or fee.
• Require payment by retail gift card, wire transfer, internet currency, or mailing cash.
• Promise a benefit increase or other assistance in exchange for payment.
• Send official letters or reports containing your personal information via email.”