Black Friday was one of the worst days in US stock market history. On Oct 19, 1987 the Dow Jones Industrial Average plunged by an astonishing 22.6% in the session wiping out billions in market value. If the Dow were to fall the same percentage on Monday it would lead to a loss of 7,024 …
The Tax Foundation recently published the International Tax Competitiveness Index report for 2022. This is a fascinating study that measures important factors related to taxes and ranks the OECD countries. Estonia ranked 1 this year with the best tax code followed by Latvia and New Zealand. The US came in at number 22, the same …
Continue reading ‘International Tax Competitiveness Index Rankings 2022: Chart’ »
Many investors focus on the price return of the S&P 500 index when they consider their investment return Instead investors ought to pay attention to the total return which includes dividends reinvested. The total return of the index can especially be much higher the price return when looking at many years. This is because of …
Continue reading ‘S&P 500 Price Return vs. Total Return: Charts’ »
I have written many times before that time in the market is more critical than timing the market. When markets are volatile such as these days it is tempting to sell out everything to cut down the losses and then buy back at a later date when prices are at their lowest. Though this strategy …
Continue reading ‘Should You Stay Invested During Market Turmoil ?’ »
The US economy is headed towards a recession next year according to an article in the journal today. Economic contractions lead to job losses, firms earning lower profits, consumers cutting spending and other adverse affects. One of the key questions on investors’ mind is how long the recession will last. Since equities have already declined …