Quote:
Originally Posted by lewdog
I might double post this to the investing thread because all I am trying to do with you is provide you and others with actual education on these topics.
I won't downplay that your return is actually quite good and impressive.
But it goes back to a point I've made to you before. You've only ever invested in a strong bull market and for a very short period of time. Over a lifetime of investing, people are happy to average 8% total returns. The S&P lifetime return is 9.6%. This market you are investing in is not normal and will not continue.
After the dot.com crash there was 10 years of poor stock returns in which investors labeled this time period, "the lost decade." I'll give you one clue why. The S&P returned -2% for this entire 10 year period. "This is a reminder to investors that large U.S. stocks can go long periods of time without generating any gains."
https://www.pattonfunds.com/remember...%20any%20gains. |
Lew, how old are you? Serious question. Saw you mention you thought you were the same age as Bill in another thread and I either thought he was way younger than he is or you’re way older than you are.