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What planet are you on where 10% returns are easy to get? Interest rates are about 1% right now for fixed-return investments. It seems to me that there's no s
by roadnottaken 16y ago
What planet are you on where 10% returns are easy to get? Interest rates are about 1% right now for fixed-return investments. It seems to me that there's no such thing as a safe investment these days and there hasn't been one for a while. Please advise!
- jasonkester 16y agoThis one. Here's the S&P 500 since 1950 (as far back as Yahoo has data, but the stock market as a whole looks pretty much like that back to 1800): http://is.gd/dWQmU http://is.gd/dWQmU See if you can find a 30 year slice of that chart where it doesn't average 10% annual returns. If you're investing for retirement, that's how much time you have. Patience...