On 8/14/2019, briefly, 2 year Treasuries paid slightly better than 10 year Treasuries: 1.628% vs. 1.619%. By day’s end this brief inversion corrected, and the two yields settled at 1.58% and 1.59% respectively. Still, you can’t un-ring that bell: regardless of the closing price, we witnessed the first 10 year – 2 year inversion since […]
How Does an Interest Rate Cut Affect the Stock Market?
During their July meeting, the Federal Open Market Committee chose to lower the target Federal Funds Rate to 2% – 2.25% from 2.25% – 2.5%. While the financial press implied this was bullish for stocks, the S&P 500 immediately fell on the news (and Fed commentary). Further, the yield curve remains inverted – or has […]
When are Savings Account Balances Highest and Lowest?
In this post, we’ll look at savings account balance by week in the United States. We examine which weeks balances are highest and lowest, and model savings and spending in the United States. When are Savings Account Balances Lowest? The lowest balance week in our dataset was the first week of the year in January, […]
American Depositary Receipt Calculator: Model an ADR Investment’s Value
On this page is a American Depositary Receipt return calculator which automatically models reinvested dividends. Enter starting investment and dates to estimate the growth of an investment into an ADR. Also, model periodic investments by year, month, week, or day. There are over 350 American Depositary Receipt in our database, updated per ticker in the […]
Dollar Cost vs. Lump Sum Investing: Why lump sum usually wins
Dollar Cost Averaging (DCA) is oft-touted as the savior for all of investing’s problems. Reality, on the other hand, is a bit different – in this post we’ll show why lump sum investing usually beats dollar cost averaging when you have both options. We’ll use the S&P 500 in the United States as an example. […]
Inflation and Dividend Adjusted S&P 500 On July 19, 2019
I won’t bury the lede: the all time closing high on the S&P 500, adjusted for inflation and reinvested dividends, was on July 15, 2019. Friday’s close (July 19, 2019) was a mere 1.23% below that peak . The S&P 500 Through July 2019 After Christmas Eve 2018 we talked about how the S&P 500 […]
Bond Yield to Worst Calculator (YTW)
On this page is a bond yield to worst calculator. Depending on the characteristics of a bond and its current market price, it computes the yield to worst – the worst yield you could see between any call features or maturity (but see the note below). Yield to worst is the lower of yield to […]
Bond Yield to Call (YTC) Calculator
On this page is a bond yield to call calculator. It automatically calculates the internal rate of return (IRR) earned on a callable bond assuming it’s called at the first possible time. Importantly, it assumes all payments and coupons are on time (no defaults). Also, find the approximate yield to call formula below. Like with […]
Closed End Fund Total Return Calculator: What would your investment be worth?
On this page is a Closed End Fund return calculator which can automatically compute reinvested dividends. Enter a starting amount and investment dates to estimate the growth of a closed end fund investment. Also, model periodic investments in a CEF by year, month, week, or day. There are over 500 closed end funds in our […]
Return on Investment (ROI) Calculator
On this page is a return on investment calculator, often abbreviated ROI. Enter a beginning and ending amount and time-frame and we’ll compute your return on investment. Also, we’ll calculate your annual return and absolute investment gain or loss. Return on Investment Calculator Using the Calculator Starting Amount – The initial value of the investment […]