Pricey Healthcare

May 8, 2023

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

The median performance for the S&P 500 in May is a 1.0% gain, with positive returns occurring 60% of the time since 1945. ₁

The average annual spending on healthcare increases as Americans age. The youngest cohort of individuals aged 25-34 spend $3,404 per year on healthcare compared to an average cost of $7,030 per year for the cohort of Americans over age 65. ₁

Microsoft, Apple, Google, Amazon, and Facebook are the top 5 stocks in the S&P 500, accounting for over 18% of its value. The average lifespan of companies in the S&P 500 has decreased from around 60 years in the 1960s to approximately 20 years today due to mergers, disruption, and bankruptcies. ₂

Amid struggles in the U.S. banking system, 48% of Americans have concerns about the safety of their money. For comparison, during the 2008 financial crisis, 45% of U.S. adults said they were very worried about the safety of their money. 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"
A Wealth of Common Sense - "5 Companies Make Up 18% of the S&P 500. Should Investors Care?"
Gallup - "About Half in U.S. Worry About Their Money's Safety in Banks"

*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