Originally Posted by
Bobdn
I'm listening to Jeremy Siegel's Stocks for the Long-run, 6th edition and hot off the press. I love it because I'm a big believer in stocks for the long run as long as those stocks are in broad indexes/ETF.
Do you, dear reader, think it's astounding that over the last couple of centuries the average real return, ie taking into account inflation, of the US market is 6.7 per cent? That takes into account last year's bear market.The NZ and Australian market is close to this as well and the real return of the world market overall, ex USA, is 5.4 per cent. Which is still excellent when you consider that this is after inflation. I'd happily take 5.4 per cent real return per year.