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Hindsight
RE: The S&P 500 will average a 6% or greater rate of return ofer the next 15 years - true or false?

sp2 wrote:


Ghost of Igloi wrote:


đź’©upperdecker wrote:

Case in point: the down goes the DOW thread. Pessimism leads to missed opportunities


S&P 500 return last 20 years 3.9%. No.


Not entirely sure what your point is, but in any case it's tremendously undermined by the dual facts that:

1. Your number's way off.

2. Even if it wasn't, it'd still be massively misleading, by purposely cherry-picking a period that starts precisely at the point of the most ridiculous broad-market overvaluation in the last 90 years.


20 years from today we could be referring to 2019 market as being overvalued as well

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