January Jumps

February 6, 2023

Enjoy this week's "Investor Insights," a weekly newsletter that highlights the financial news you need to know and provides tips and tricks to help you make better investment decisions.

The S&P 500 was up 6.2% in January. Since World War 2, when January has been an up month for the S&P 500, the index has averaged a further gain of 10.2% from February until the end of the year. When January has been a down month, the S&P 500 has averaged a gain of just 2.1% for the remainder of the year. ₁

Retiring three years before the age of 65 more than doubles the chances of not being able to meet retirement income needs. By working part-time for as little as 10 hours per week for five years after turning 65, retirees cut the chances of not having enough retirement income by more than half, from 12% down to 5%. ₁

Since 1950, the average annual gain for stocks has been 9.1%, and the market was higher 73% of the time. Inflation greatly affects performance, with stocks having been higher 77% of the time during years when inflation was down. Additionally, 9 of the 12 worst years happened when inflation was on the rise. ₂

Over the past five years, investors added an estimated $64.6 billion to funds using ESG strategies to invest in U.S. stocks. ESG funds have 22.1% of their assets in technology but only 2.6% in energy. Last year ESG funds lost 19.7%, faring even worse than conventional funds, which fell 18.1%. ₃

If you would prefer not to receive these weekly updates, click the button below.

Opt-Out of Investor Insights Emails*

Other Glen Eagle Resources

Recent Newsletter

Webinar Recording

Please feel free to share this newsletter with your network

Your Glen Eagle Advisors

Susan Michel

Rob Michel

Carol Ann Fernandez

Schedule a Meeting with The Michel Team

MFS - "Beyond the News"
Stansberry Research - "Two Reasons Why Stocks Can Soar"
WSJ - "‘Green’ Funds Cost Three Times More Than You Think"

*We will continue to keep you updated with our quarterly newsletters and webinar events. If you would like to update your email subscription, please click "Update Profile" at the bottom of this email.

Disclosure: This information is furnished for the use of Glen Eagle Advisors, LLC, Glen Eagle Wealth, LLC, and their clients and/or contacts. It does not constitute the provision of investment advice to any person. It is not prepared with respect to the specific objectives, financial situation, or particular needs of any specific person. Investors reading this commentary should consult with their Glen Eagle representative/financial advisor regarding the appropriateness of investing in any securities or adapting any investment strategies discussed or recommended in this newsletter.

Glen Eagle Wealth, LLC is a member of FINRA, MSRB and SIPC

Glen Eagle Advisors, LLC is a SEC Registered Investment Advisor

Glen Eagle ADV Part 2A