Henry Y,
Perhaps you should try understanding that you are now living in the 21st century? Or, perhaps more pointedly an aging demographic and lower GDP makes the 20th Century number you quoted highly unlikely. I think this article is a much better Google search than yours:
K
And you should realize that the last several years have seen annual returns significantly greater than 10%.
Even a small bit of logic would tell one to expect mean reversion rather than more of the same. Market history would tell you at current valuations the S&P 500 is likely to be at the same level a decade from now.
Henny Y wrote:
And you should realize that the last several years have seen annual returns significantly greater than 10%.
Logic suggests neither of those things. The mean is not fixed. Throughout history it has gone up and it is continuing to do so.
And market history is what I’ve been talking about...10% annual growth. That’s a historical fact.
No the Dow Jones is up was 5.5% the past 100 years, and the S&P 500 is up 4.8% since 2000. That is a historical fact.
Kurtiss wrote:
It will pale in comparison to your 60% portfolio loss.
Waking every day for 3 years hoping this is the day he can say "See I told you so".
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For investors wondering whether it’s time to sell as voices of caution get louder by the day, the data is one persuasive argument against. Stocks have a tendency to go up, thanks to corporate America’s efforts to boost profits.
mellon wrote:
Kurtiss wrote:It will pale in comparison to your 60% portfolio loss.
Waking every day for 3 years hoping this is the day he can say "See I told you so".
Praying everyday that the magic of the market will make him a millionaire, hoping one day to say "see I told you so."
Unlikely to turn out that way.
Kurtiss wrote:
hoping one day to say "see I told you so."
Able to say that to you everyday for the past 3 years.
You had a 50-50 chance of being right. As of today, you've been wrong.
mellon wrote:
Kurtiss wrote:hoping one day to say "see I told you so."
Able to say that to you everyday for the past 3 years.
You had a 50-50 chance of being right. As of today, you've been wrong.
Oh, Snap!
Henny Y wrote:
Are you completely incompetent? Notice I didn’t ask you for proof of your statement. That’s because I know how to use Google. By the way, it took me about 10 seconds to find this: “During the 20th century the stock market returned an average of 10.4% a year.â€
Add in the years 2000-2002 and what is the return?
Uncle Beemer wrote:
Henny Y wrote:Are you completely incompetent? Notice I didn’t ask you for proof of your statement. That’s because I know how to use Google. By the way, it took me about 10 seconds to find this: “During the 20th century the stock market returned an average of 10.4% a year.â€
Add in the years 2000-2002 and what is the return?
Certainly lower, but the last 8 years have pushed it back up.
Kurtiss wrote:
No the Dow Jones is up was 5.5% the past 100 years, and the S&P 500 is up 4.8% since 2000. That is a historical fact.
That’s excellent! And it doesn’t include dividends. Makes you wonder about those investors who’ve been mostly out of the markets.
Hernandez wrote:
Kurtiss wrote:No the Dow Jones is up was 5.5% the past 100 years, and the S&P 500 is up 4.8% since 2000. That is a historical fact.
That’s excellent! And it doesn’t include dividends. Makes you wonder about those investors who’ve been mostly out of the markets.
Yes, but make sure you factor in the market is trading at the highest median valuation ever.
Ever, get it. As in "unlikely going forward."
Oh , Pfats!
Cirillo wrote:
Hernandez wrote:That’s excellent! And it doesn’t include dividends. Makes you wonder about those investors who’ve been mostly out of the markets.
Yes, but make sure you factor in the market is trading at the highest median valuation ever.
Ever, get it. As in "unlikely going forward."
Wrong. Valuations have been high for a long time, yet the market keeps setting records.
No you are blind as well as wrong. Look for yourself:
https://mobile.twitter.com/jessefelder/status/912317422903885825/photo/1
Luis wrote:
No you are blind as well as wrong. Look for yourself:
https://mobile.twitter.com/jessefelder/status/912317422903885825/photo/1
There’s nothing there to disprove what I wrote. You’re grasping at straws.
No you are just blind and a market rookie, or perhaps just the usual Muppet. You will ride it down and you will be gasping thru a straw.
Hernandez wrote:
Luis wrote:No you are blind as well as wrong. Look for yourself:
https://mobile.twitter.com/jessefelder/status/912317422903885825/photo/1There’s nothing there to disprove what I wrote. You’re grasping at straws.
Luis wrote:
No you are just blind and a market rookie, or perhaps just the usual Muppet. You will ride it down and you will be gasping thru a straw.
Hernandez wrote:There’s nothing there to disprove what I wrote. You’re grasping at straws.
You are so desperate that you make up shit. You remind me of John Hussman.