3 ms·
10 years isnt very long. Whos to say we'll have another 40 year bull market like we just did?
by HDThoreaun 3y ago
10 years isnt very long. Whos to say we'll have another 40 year bull market like we just did?
- VincentEvans 3y agoTrailing 10 year performance is a standard reporting metric used to facilitate risk-and-return decisions in an uncertain world. Here it serves to simply add weight to an argument that expecting a 5% annual return for invested endowment funds is reasonable and supported by historical evidence. If things do not go as well going forward - all it means that principal will erode over time.