Quote:
Originally Posted by SeeGeeWhy
What do you consider an above average rate of return?
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I tell my clients who are into equities that over 10 years or more they should get 8-11%, depending mostly on their timing. Buy in at lows like this and your chances of the top end are excellent. If you were unfortunate to buy in last summer, well tough luck and over 10 years you should see the low end. If you get over 10%, I'd say that's above average. If you're thinking you can do much better, you're carrying a ticking time bomb. You may, or it could explode in your face.
As for those who think that over 45 is old, you're pitiful.
I'm about a decade older than that and I know that middle aged and rich >>>>>>>>>>> young and poor.