Stats of the Day

| March 06, 2018
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First to (Almost) Worst

The #1 performing stock in the S&P 500 during 2017 was ranked # 491 during January 2018, down 8.7% last month after gaining +132.3% last year, according to BTN Research.

Exclusive Club

What does it take to get into the 1%? The price of admission is an adjusted gross income — basically, what you make before deductions — of $480,930.

Missing Out

Per Gallup, 46% of Americans have no money invested in stocks today, either through the ownership of individual stocks, equity mutual funds, or through holdings inside a pre-tax retirement plan.

Overdue

Overdue US credit card debt hits 7-year high at $11.9 billion.

Overextended

A recent study released by the Brookings Institution finds that most borrowers who left school owing at least $50,000 in student loans in 2010 had failed to pay down any of their debt four years later. Furthermore, their balances had on average risen by 5% as interest accrued on their debt.

It may Be Easier To Predict Tomorrow’s Snowfall

In January 2007, the Congressional Budget Office forecasted that our nation’s “debt held by the public” would fall from $4.843 trillion as of 9/30/06 to $4.274 trillion as of 9/30/17. Instead, our “debt held by the public” has risen to $14.673 trillion, more than $10 trillion greater than the CBO estimate.

 

 

Stay Tuned, Disciplined & Patient! {TJM}

The Investor & Character Equation (ICE) | S + R = O

 

Disclosure
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Meyer Capital Group), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Meyer Capital Group. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Meyer Capital Group is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Meyer Capital Group’s current written disclosure statement discussing our advisory services and fees is available for review upon request.

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