Correction to Weekly Blog # 869

Correction to Blog 869

Please be advised of the following two corrections to Blog 869:

1. There were only 17 peer groups that achieved a 10% compounded return for the last 5 years and just 3 that beat the S&P 500 Index funds average. I am suggesting for the next 5 years it may be quite difficult to produce a 10% compound return.
2. The latest example of this is the FDIC, which has wrung an agreement from Vanguard (not NASDAQ as originally stated) to limit the amount of ownership in small and regional banks.

I hope this clears up any confusion I may have created with the original text and hope our subscribers and their friends/families will have a healthy, happy, and profitable 2025 and beyond.

                                                                                                          Mike