S&P 500 tagged posts

Thanks to L.K. Benson for sharing with us.

Following a strong first quarter, the second quarter of 2024 was more of a mixed bag in the investment markets. The S&P 500 continued to lead the way with a 4% return, leaving it up over 15% for the year. However, US Small-Cap stocks dropped 3%, and REITs fell by about 1%. Outside of the US, developed market stocks were down less than 1%, while emerging market stocks were up almost 5%. 

The bond market was relatively quiet in the second quarter, with the Bloomberg US Aggregate index up about 0.1%. Treasury yields rose for the quarter, but only by about 0.19%. The Federal Reserve declined to cut rates, but economic data continues to show support for potential rate cuts this year.

As can be seen in this graphic, the gains in the S&P ...

Thanks to L. K. Benson for sharing this blog about the big numbers.

The Washington Redskins Commanders To Be Determined recently sold for over $6 billion. Every time a sports franchise sells, the numbers get bigger, and people can’t believe the huge payout for the owner. Reviled owner Dan Snyder purchased the team back in 1999 for $800 million, which was a record at the time. Yes, $6,000,000,000 is much more than $800,000,000, but how good of an investment was it? Many unknown factors would impact the return calculation on this type of investment, like the ongoing profits of the business, the loans taken out to buy the team, etc. However, if we take that out of the equation, to grow $800 million to $6 billion over 24 years, you’d need to achieve a return of about 9% annually. 

This ...