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Average is not a great way to measure about stock returns - though it helps illustrate your point. Equity can evaporate -- unlikely US T will though the politi
by boringg 3y ago
Average is not a great way to measure about stock returns - though it helps illustrate your point.
Equity can evaporate -- unlikely US T will though the politicians certainly are trying.
- username332211 3y agoIntuitively it doesn't make sense, but companies can outlast bonds, currencies and indeed the governments that issue them. Daimler-Benz has survived the fall of 3 German governments, the loss of 2 rather large wars and a number of periods of hyper-inflation that accompanied them that'd have made any bond worthless. We're not there yet, but people do go bankrupt gradually and then suddenly.
- boringg 3y agoFair but I would say that is by far an exception rather then anywhere close to the norm.