Yes, 8% a year has been the historical 20th century stock market return if you invested and let it be without trying to time any markets. That's long gone. Of course, when I was young, savings accounts payed 5 1/4%.
That regular rate of return ended when Wall Street stopped being people investing capitalization in corporate American company growth and longevity, and became a gambling casino.
09-08-2011, 03:53 PM
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