Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
returns over the truly long run in the American stock markets have been 10% nominal with inflation of about 3%, for a real return of about 7%.  This is from data I saw in the 90"s.

Returns from the last 20 years have been far higher, as Jeremy Siegel"s recent WSJ article showed:

Since 1980, the return on Dow industrials has averaged 13.89% per year, significantly above the 13.06% recorded for the S&P 500, a benchmark that many active money managers find difficult to beat.
The S&P 500 would be the better judge of the market as a whole (though historically small cap stocks have outperformed).  But inflation has likely been less than 3% since 1980, so the return over this time frame is abnormally high in real returns,,,,about 10%.
by wchurchill on Sun Oct 8th, 2006 at 03:24:46 PM EST
[ Parent ]
I have a bridge I'd like to sell you...

Policies not Politics
---- Daily Landscape
by rdf (robert.feinman@gmail.com) on Sun Oct 8th, 2006 at 03:38:10 PM EST
[ Parent ]
Thanks, but my investments are doing very well, and I don't know bridges.  you might try the bridge blogging people on this site.
by wchurchill on Sun Oct 8th, 2006 at 04:07:52 PM EST
[ Parent ]
Another incredibly intelligent response.  One does wonder how you put up with we filthy proles....

Be nice to America. Or we'll bring democracy to your country.
by Drew J Jones (pedobear@pennstatefootball.com) on Sun Oct 8th, 2006 at 05:10:17 PM EST
[ Parent ]
We take pity on the intellectually handicapped...

Policies not Politics
---- Daily Landscape
by rdf (robert.feinman@gmail.com) on Sun Oct 8th, 2006 at 06:16:33 PM EST
[ Parent ]
My, my.  Someone had his Wheaties this morning.

Be nice to America. Or we'll bring democracy to your country.
by Drew J Jones (pedobear@pennstatefootball.com) on Sun Oct 8th, 2006 at 07:34:22 PM EST
[ Parent ]

Display:

Occasional Series