Ghost of Igloi wrote:
Buy low, sell high wrote:
Key words being "from here." Why would anyone buy high? Now if they bought when you first starting crying wolf, they'd be doing alright.
OK bright one. Well I first posted 3/2/2015 and the S&P 500 closed that day at 2,117 and we are currently 2,268; so a little than 7% high on the index in 21 1/2 months. By my math well off your 10-12% return.
By the way genius, do you realize that the index was a 2,085 on 11/4/2016 days before the election? That is not ancient history. Or, that S&P 500 GAAP EPS has dropped 17.7% since 9/30/2014?
I never said anything about 10-12% return. You're making up stuff to try to make your position look better.
So using your "first" post date of March 2015, we have seen 4% annual increase since then. Add in 2-3% for dividends and we look a lot better than your 2.5% guess for the next 10 years. Now that's history.