I've been doing my year-end financials and have been amazed at the results. I've saved a lot over the last five years, but it's the stock market rise that's more than doubled my net worth since January 1, 2016. During that time, the S&P 500 is up 92.9%, about 14% a year. We're living in amazing times, and this surely this can't continue, right?
I was blown away when I read this article. Not only is the last 5 years not the best S&P 500 performance, it's not even close. Between 1982 and 1987 the S&P 500 returned 30% annually, more than twice the current performance. Even more surprising? The best TEN year performance was 20% a year, occurring over the ten years ending in August 2000.
Maybe we still have room to grow. I sure could use it as I have about 10-15 years before I plan to retire.
Submitted December 20, 2020 at 05:21PM by Bob-Doll https://ift.tt/3rqhpE6
