Fun Fact Friday 🎄 12/22/2023

Hey Friends,
I’ve got 5 fun facts and my weekly quote to share with you today. Merry Christmas!

Blessings,
Andrew

Fun Fact 1:
Rudolph the Red-Nosed Reindeer developed as a marketing ploy. Santa’s most famous reindeer got his start in 1939, when a writer for the Montgomery Ward department store used Rudolph to boost profits during the holiday season. In the first year alone 2.4 million copies were distributed.

Source: Smithsonian

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Fun Fact 2:
US gas prices have moved down to about $3.10/gallon (national average), which is their lowest levels of the year.

Source: AAA (GasPrices.AAA.com)

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Fun Fact 3:
Apple, Microsoft, Google, Amazon, Nvidia, Tesla, and Meta have gained 75% in 2023 versus a gain of 12% for the remaining 493 companies in the S&P 500.

Source: Dow Jones Market Data; FactSet

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Fun Fact 4:
Here is a chart showing the recent interest rate drops compared to the rest of the year as well as their current levels.

Source: Mortgage News Daily

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Fun Fact 5:
The national amount of completed homes available for sale is about 76,000.

Source: Census; HUD; fred.stlouisfed.org via Logan Mohtashami

Commentary: This isn’t a lot of homes relative to the amount of working population in America (157 million).

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Quote I’m pondering:

“If you’re in doubt about something that’s not in your life, try it. Things are so different in practice versus in theory. The only way to know is to experience it yourself.” -Derek Sivers

 

 

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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.