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Another reason I am happy at USAA: In 2008 "when most financial services companies posted record losses and the S&P 500 Index total return dropped by 37%, USAA
by timf 17y ago
Another reason I am happy at USAA:
In 2008 "when most financial services companies posted record losses and the S&P 500 Index total return dropped by 37%, USAA earned $423 million in net income and generated positive investment income."
https://www.usaa.com/inet/ent_utils/McStaticPages?key=newsroom_factsheets_main https://www.usaa.com/inet/ent_utils/McStaticPages?key=newsro...
In 2009, they've done even better:
https://www.usaa.com/inet/ent_blogs/Blogs?action=blogpost&blogkey=newsroom&postkey=2009_report_to_members https://www.usaa.com/inet/ent_blogs/Blogs?action=blogpost...