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"I can’t really imagine a world in which the annualized yield of SPY over 10 years is less than 2.7%." Seems your imagination is lacking. From 2000 to 2010 it
by Ididntdothis 7y ago
"I can’t really imagine a world in which the annualized yield of SPY over 10 years is less than 2.7%."
Seems your imagination is lacking. From 2000 to 2010 it was negative. I wonder if the current market is the only market you ever have seen. Housing prices also have collapsed not too long ago in the past.
- smabie 7y agoYou’re time period is very convenient, including two crashes and none of the recovery. That said, point taken.
- Ididntdothis 7y agoDownturns in the market will kill you if you are leveraged. Once the money it's gone, it's gone and it will be hard to make it back. that is, unless you have a rich dad who gives you more money. That's why I think it's very important not to be naive with investment advice.
- imtringued 7y agoThat would match the behavior of a boomer liquidating his portfolio before retirement.