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Over the last 50 years, inflation/interest rates have also gone from sustained periods of 10-20% down to basically zero. That massively inflates asset values,
by stevesimmons 6y ago
Over the last 50 years, inflation/interest rates have also gone from sustained periods of 10-20% down to basically zero.
That massively inflates asset values, giving a component of those 6%+ returns that cannot recur in the future.
- omgwtfbyobbq 6y agoThe 6% is real (including inflation) returns. Nominal (not including inflation) returns are higher.