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Gap Financial

@Gap_Financial

Fiduciary investment advisor using truth, discipline and creativity to bridge the gap between your financial present and your financial future.

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Gap Financial is thrilled to announce that Ben Johnson, CFP has been recognized by Money as one of the Best Financial Planners of 2024! #FinancialNews money.com/best-financial…


In fiscal year 2025, Costco sold over 245 million hotdog combos, over 157 million rotisserie chickens, and enough bath tissue to reach the moon and back over 200 times. $COST


On this day in 1998, America Online acquired once-dominant internet browser Netscape Communications for roughly $4.2 billion.


Despite average intra-year drops of -14.1% (in red), annual S&P 500 returns are positive 78% of the time since 1980. (Source: J.P. Morgan Asset Management)

Gap_Financial's tweet image. Despite average intra-year drops of -14.1% (in red), annual S&P 500 returns are positive 78% of the time since 1980. (Source: J.P. Morgan Asset Management)

Dating back to mid-April, the S&P 500 has gone 170+ trading days without a 3% pullback — one of the 10 longest stretches since 1953. The rally since April is also just the fifth time the index has gained more than 30% without a 3% pullback in between. (Source: Bespoke)


The final BLS report released this morning suggests Social Security benefits will increase 2.8% in January. The annual cost-of-living adjustment is based on consumer prices from the third quarter. #SocialSecurity #cola


A basket of AI stocks constitutes approximately 44% of the S&P 500’s market value, according to JPMorgan Chase, raising concerns about market concentration. Equal-weighted funds, healthcare and gold are potential havens if there's a market reversal.

Gap_Financial's tweet image. A basket of AI stocks constitutes approximately 44% of the S&P 500’s market value, according to JPMorgan Chase, raising concerns about market concentration. Equal-weighted funds, healthcare and gold are potential havens if there's a market reversal.

65% of Americans say that the government shutdown has had no impact on their timelines to make a major purchase, such as a home or car. Of those impacted, 17% have delayed major purchase plans and another 7% have canceled plans altogether. (Source; Redfin)


According to a KKR & Co analysis, there are currently 19,000 private equity funds in the US. That’s 5,342 more than the total number of US McDonald’s locations (13,658) and only 1,000 fewer than the 20,000 Dollar General locations. (sources: Bloomberg, Dollar General)


On this day in 1953, trading on the New York Stock Exchange totaled just 900,000 shares. It was the last day on which total daily trading volume was less than 1 million shares.


The San Francisco 49ers, Chicago Bears, New England Patriots, and New York Giants all recently announced the sale of minority stakes (<10%) that valued their franchises at $8.6 billion, $8.9 billion, $9 billion, and $10.3 billion, respectively. (Source: CNBC)


Historically, Q4 stands out as the strongest & most consistently positive quarter of the year for stocks. Since 1928, the S&P 500 has averaged a gain of 2.9% in Q4 with positive returns 74% of the time. In comparison, Q1, Q2, & Q3 have all seen positive returns 60.2% of the time.


On this day in 1958, American Express introduced its charge card, which was made of paper printed with purple ink to match the color of Amex’s travelers’ checks. (Plastic came along in 1959.) The $6 annual fee was 20% higher than that of the competing Diners Club card.


HSA plans offer triple tax-free benefits: money is deposited on a pre-tax basis, grows tax-free and can be withdrawn without paying taxes... gapfinancialservices.com/blog/what-are-…


OTD in 1981, Uncle Sam issued new 20-year Treasury bonds at a 15.78% yield, an all-time high rate for any U.S. government issue. Analysts expected that yields would have to go higher “to attract stronger demand.” Yields promptly began going down and do so for the next 12 years.


OTD in 1987, Schwab launched its IPO, selling 8 million shares to the public at a price of $16.50 apiece. Just 20 days later, the crash of 1987 hit. The market plunged 23% in a single day, and Schwab’s stock was🔽to $6.50 a share. The stock has returned over 52,000% since then.


U.S. investors are sitting on a pile of cash. Even with rates now coming down, many are in no rush to move it. Assets in money-market funds reached a record $7.7 trillion last week, with more than $60 billion flowing into those funds during the first four days of the month.

Gap_Financial's tweet image. U.S. investors are sitting on a pile of cash. Even with rates now coming down, many are in no rush to move it. Assets in money-market funds reached a record $7.7 trillion last week, with more than $60 billion flowing into those funds during the first four days of the month.

On this day in 1997, the web domain google.com was registered. The Stanford University coders behind the search engine, Larry Page and Sergey Brin, had initially called their project Backrub.


On this day in 1836, the New York Stock Exchange prohibited its members from trading in the streets outside. But open-air trading persisted under the nickname of "the Curb," which ultimately became the American Stock Exchange.


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