There’s a stock market phenomenon called the “Santa Rally” where the stock market seems to jump around Christmas, and we just experienced it today! Even though today was only a partial trading day (the stock market closes at 1pm ET instead of 4pm ET like usual) the S&P 500 still jumped over 1% today. It’s like a Christmas gift to all of us buy and hold investors. My own portfolio jumped at least $20,000 today. NOT BAD for a half day of doing nothing.

We’re having a great 2024 with the market up over 27%. I always talk about how the market averages 10% per year, and big years like this make up for the inevitable down years that average out to 10% over time.

I hope every has a great holiday and makes some memories with your friends and family!

As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.

-Jeremy