The S&P 500 (index of the five hundred largest U.S. shares) was up over 8%. That’s considerably higher than its November common of 1.54% going again to 1950. November is traditionally the very best month within the U.S. inventory market.
The Toronto Inventory Alternate’s S&P/TSX composite index was up 7.2% in November. There are solely 5 single months since 2002 when there was a better return: November 2020, April 2020, January 2019, Might 2009, March 2009. By the best way, January 2023 was fairly nice too at 7.13%.
Inventory markets throughout the globe additionally did fairly effectively in November, with an all-world index up 9%.
Keep in mind, the inventory market goes up more often than not.
It pays to be an optimist!
Overlook “lady math,” right here’s “outdated man math”
Probably the most well-liked private finance gurus of all time is Dave Ramsey. He’s unbelievable at promotion, and he’s written extra books than the variety of instances a Canadian NHL crew has ever gained the Stanley Cup. Ramsey hosts radio reveals, seems consistently on community TV, and is usually a one-man monetary content material machine.
However, does any of this imply that Ramsey really offers good recommendation?
I’m certain there may be somebody someplace who Ramsey has helped. However the variety of instances he makes completely outlandish, nonsensical claims is unbelievable. Due to Dollars and Data for the help, right here’s his newest take, which is an unedited quote from Ramsey’s present.
