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"...you need money to buy things; you earn money by working; you may have to wait to buy things you want; and there is a difference between things you want and things that you need..." Time Magazine, Nov 30, 2015 Article - Your kid's financial education should start much earlier than you think - By Dan Kedlec
Knock...Knock...Who is there? FedEx...FedEx who? FedEx will be there tomorrow!
What is the worst kind of cat? CAT-astro-phe !
What do you get when you cross snowman with vampire Frost-Bite.
What kind of Bill can you breath? Billionaire.
Why did Dino go to the hospital?
Because he was (Dino) "Saur".
How do you make eleven even?
Take away the "el."
How do you make seven even?
Take away the "s"
Why did the chicken cross the railroad track?
Because it wanted to get to the Chick train.
What is a duck on the 4th of July?
Knock, Knock...Who is there?Banana...Banana who? Banana...Banana who?Banana...Banana who? OR-ange...Aren't you glad I didn't say banana?
Are you 5?
No! I am not 5! I am 4.95 plus shipping and handling!
Knock knock...Who is there? Panther!Panther, who? PantH-or-no-PantH I am going Thwiming!
Laughs above are credited to kids and various sources.
Business fun facts!
Do you know the ancestry of American people?It is a melting pot of immigrants from all over the world.This trend continues even today.These immigrants make America what it is today and are an big part in the success of businesses today.
There are over 320 million Americans today.Ancestry of Americans include: Germans over 14%, African American 12%, Irish 12%, English 8%, Mexican 8%, Italian 6%, Hispanic 5%, French 4%, Polish Scottish, Dutch, Norwegian, Scotch-Irish, Native American, and Swedish are between 1-3% but add up to 11%.The rest are from other various countries.
About US housing:
At the end of 2014 approximately 64% of Americans owned a home. This shows a trend of millennials who are less likely to pursue home ownership.
In 2008, $3.3 Trillion was the total loss in value for the US housing market. In early 2006 housing market value was close to $9.4 Trillion.
Since 2008, over 8 million jobs have been added to the job market! This has allowed many Americans to get back on track and recover from the recession.
The DOW slips 2nd week in a row The DOW closed down 22 points or 0.1%, the S&P500 was up two points or 0.1% and NASDAQ was flat for the week ending January 20th. It was a four-day trading week as Monday was MLK day holiday. The oil moved down $0.08 or 0.15% to $53.24 per barrel.
So far this year the DOW is up 0.3%, S&P500 is up 1.5%, and NASDAQ is up 3.2%. In fact the NASDAQ is at a record high!
For 2016, the DOW was up 13.4%, S&P500 was up 9.5%, and NASDAQ was up 7.5%.
Oil was up ~$17 or 45% from ~$37 in January to ~54 per barrel in December.
2.16 million Jobs added and record low unemployment at 4.7% since 2007!
How did your stocks do in 2016 and see the compounding effect over 10 years, since 2007?
2016 Annual returns In 2016, the S&P500 (or the market) beat our portfolio returns by a lot. We had 4% but the S&P500 had 12% annual returns! Congratulations to the S&P500! Annualized returns are shown above under the Performance in the first two columns. But...how about long term investment returns? Over the long term and since 2007, our portfolio beat the S&P500 in Average Annual Returns over 10 years - we had 9% versus 8.6% by the S&P500...which leads us to...
How did the compounding workout? The Compounded returns, in other words, cumulative effect of gains or losses on the original $100 investment over 10 years, our portfolio had a nice 130% versus 95% if invested in the &P500. See the last two columns to understand how your $100 in 2007 are now $230!! The power of compounding!!