S&P 500, Dow Jones Global ex-US, Gold, Bloomberg Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized; and the 10-year Treasury Note is simply the yield at the close of the day on each of the historical time periods.
Sources: Yahoo! Finance; MarketWatch; djindexes.com; U.S. Treasury; London Bullion Market Association.
Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly. N/A means not applicable.
S&P 500, Dow Jones Global ex-US, Gold, Bloomberg Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized; and the 10-year Treasury Note is simply the yield at the close of the day on each of the historical time periods.
Sources: Yahoo! Finance; MarketWatch; djindexes.com; U.S. Treasury; London Bullion Market Association.
Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly. N/A means not applicable.
FUTBOL AND THE COST OF LIVING. There was big news for U.S. soccer last week. Argentinian star Lionel Messi announced he won’t be joining Cristiano Ronaldo in the Saudi football league. Instead, he’s headed to Miami FC – the last-place team in the MLS’s Eastern Conference, reported Jessica Golden of CNBC. Needless to say, ticket sales were way up and so were ticket prices. The stadium in Miami has just 18,000 seats.
Miami was also in the news last week because of its cost of living. SmartAsset studied how much a $100,000 salary would buy in 76 U.S. cities, after taxes, based on the cost of living in each city. Among the cities in the study, $100,000 goes the furthest in:
1. Memphis, Tennessee
2. El Paso, Texas
3. Oklahoma City, Oklahoma
4. Corpus Christi, Texas
5. Lubbock, Texas
The low cost of living and lack of state income tax elevated seven Texas cities into the top 10, reported Patrick Villanova of SmartAsset. Miami came in at #57. That still made it more economical than many larger and more expensive locales.
Miami is a bargain for the wealthy, reported Natasha Solo-Lyons of Bloomberg, citing another Smart Asset study. People with income of $250,000 who move from New York City to Miami would have 32 percent more to spend, thanks to lower taxes and a lower cost of living. People from San Francisco would gain 24 percent, but those from Chicago would have just one percent more, reported Jaclyn DeJohn of SmartAsset.
If you’re really looking for a bargain, the least expensive cities in the U.S. are Brownsville, Texas; Dayton, Ohio; Wichita Falls, Texas; South Bend, Indiana; and Toledo, Ohio, according to Niche.com.
Weekly Focus – Think About It
“There is only one kind of shock worse than the totally unexpected: the expected for which one has refused to prepare.”
—Mary Renault, author
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