GLEANINGS

RANDOM GLEANINGS

While making the Summer 2022 issue of VESTED, we came across some interesting factoids too good not to share.

CARTOONING IN THE U.S.

began during the colonial period and dealt with political and public issues. Benjamin Franklin is credited with creating the first American political cartoon.

IN THE LATE 1880s,

rock climbing became a sport in England. Its popularity grew after adventurer Walter Parry Haskett Smith made the first successful climb of the Napes Needle. Following his successful climb, others decided to attempt the climb.

According to the National Cancer Institute, there are an estimated 17 million cancer survivors living in the U.S. today. This has increased from a mere 3 million in 1971. The increase may be attributed to improved detection methods and treatments.

“Just One Look”

Doris Troy’s 1963 hit was featured in a popular commercial for Pepsi starring supermodel Cindy Crawford (1992) and appeared in movies, including Mermaids (1990), The Flamingo Kid (1984), and Buster (1988). “ A human being would certainly not grow to be 70 or 80 years old if this longevity had no meaning for the species. The afternoon of human life must also have a significance of its own and cannot be merely a pitiful appendage to life’s morning. Carl Jung, Swiss psychiatrist and psychoanalyst

TIME IN THE MARKET MATTERS

The annualized return for U.S. stocks, as measured by the S&P 500 Index (not including dividends), from 1987 through 2021 was 11.84 percent. If you missed the ten best return days during that period, your return would have fallen to 9.3 percent. Missing the 30 best return days, your annualized return would have fallen to 6.19 percent. Finally, missing the best 50 days over this time period would bring the annualized return down to 3.76 percent, a full 8.08 percentage points lower than if you had remained in the market throughout this period.

11.84%

9.30%

6.19%

3.76%

All Days Excluding 10 Best Days Excluding 30 Best Days Excluding 50 Best Days