Freedom Advisory

Recent market performance shows a divergence in global equities:

• S&P 500: -2.28%
• Dow Jones: -2.63%
• Nasdaq: -3.76%

Meanwhile:

• MSCI World ex-USA: +1.62%
• Emerging Markets: +6.25%

As U.S. markets pause after a strong run, international and emerging markets are showing renewed strength.

A timely reminder that diversification across global markets matters.

At Freedom Advisory, we focus on long-term positioning rather than short-term market noise.

The chart illustrates the power of dividends in driving long-term growth. When dividends were reinvested, the $1 invested in the S&P 500 grew significantly more over time compared to an investment without reinvested dividends.

As of January 8, 2026, a $1 investment in the S&P 500 with dividends reinvested (since 1990) would have grown to $39.97. However, a $1 investment in the S&P 500 without dividends reinvested would have grown to just $19.29 over that same timeframe.

The chart emphasizes the value of a buy-and-hold investment strategy that includes reinvesting dividends. The compounding effect of dividends has dramatically enhanced the growth of an investment in the S&P 500 over time.

A new year brings new opportunities. At Freedom Advisory, we look forward to guiding our clients through the year ahead with thoughtful planning and a long-term perspective.

Happy New Year!

This Christmas season, we’re thankful for the relationships that make our work meaningful. Thank you for allowing us to be part of your financial journey. Wishing you a Merry Christmas.