Quote:
Originally Posted by Enoch Root
At no point did I say guaranteed. Investing comes with risk. But you get paid to accept that risk (that's kind of the deal).
Our clients earned around 9%/yr over the last 5 years, depending on their mix.
To the bold: You clearly don't understand what you're talking about. Long term, the stock markets return 9 - 9.5% per year on average (well, geometrically to be more precise) including the corrections.
For the people that don't get a reasonable return for the risk they take - that's on them.
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The last 5 years huh...That definitely paints a full picture of how investments work over time...sign me up. Wait nothing bad ever happens to investments though....what happened before 5 years ago? Y'know around 2009?
Seriously though 7% year over year is an absurdly high figure.