I never said anything about 10-12% return. You're making up stuff to try to make your position look better.
Ghost of Igloi wrote:Buy low, sell high wrote: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.
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.
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?
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.