A 10 Year Reflection

Let’s look back on the past quarter. 

  • On January 1,2023,  BITCOIN was trading at $16,600....on April 18th it's close to $30,000.  
  • On January 1, Apple stock was trading at $125, ….today it's $166.  
  • The S&P 500 was at $3,824 now its $4,192....
  • Most of us had not heard of Silicon Valley Bank on January 1, 2023, today.....we know it is no longer.
  • The end of December US inflation was about 6.5%, today it dipped below 6%.....
  • The US 10-year treasury bond rate was 3.88% and today it's about 3.59%....yes, it’s LOWER, even though the FED interest rate has continued to rise.

Let’s look back at  the past 5 years:

  • Bitcoin was $9,500, 
  • Apple was trading around $42, 
  • The S&P 500 was $2,671 and 
  • The 10-year treasury rate was 2.95%

Let’s look back 10 years ago:

  • Bitcoin was trading at $94, Apple was trading around $15, the S&P 500 was around $1,600 and the 10-year treasury rate was 2.48%.
  • US GDP was $16.8 trillion: in 2022 it was $25.4 trillion....up  51%.
  • COMPASS did not exist: it was Urban Compass, a rental-focused entity. Last year we sold close to a QUARTER TRILLION dollars worth of real estate.
  • A gallon of  gas  in US cost about $3.58, today it's about $3.68. (not California..we are 3.297…wish it still was) US population was 316 million: Today it's over 334 million.
  • The Federal government collected about $2.78 trillion in taxes: in 2022 it was over $4.9 trillion....up 76%, 25% more than GDP growth....

Maybe the above shows how a quarter is not the best gauge of progress or change....just a blip of an indicator. Look back at where YOU were ten years ago. What has changed in a quarter, five years and ten years? Hopefully this blog serves as a reminder how when given time, we are capable of exceptional changes and improvements. Much greater than we had ever imagined.

Progress requires persistence, perseverance and yes......some patience!

Work With Suzie

I’ve been a top-producing agent for ten years now, focused on Marin and the East Bay, two areas I love and know well. Clients can count on my market expertise, persistence, and diligent follow-through.
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