Also remember that what matters are real returns after inflation and taxes. The S&P 500 has returned 11% a year since 1983, but 6% after taxes and inflation.

Also remember that what matters are real returns after inflation and taxes. The S&P 500 has returned 11% a year since 1983, but 6% after taxes and inflation. http://www.thornburginvestments.com/pdfs/TH1401.pdf http://www.thornburginvestments.com/pdfs/TH1401.pdf