https://www.ft.com/content/ea04e3c1-4105-4411-b0ac-33449d1f3511
"Vanguard last week updated its forecast...The median annualised return over the next decade for the S&P 500 is estimated at 3.2 per cent.
'Our forecasts today tell us that investors shouldn’t expect the next decade to look like the last, and they’ll need to plan strategically to overcome a low-return environment,' wrote Joseph Davis, chief economist at Vanguard.
That has prompted investors to explore owning alternative assets such as real estate and private credit in a balanced portfolio approach."
Thoughts? This doesn't seem to be a contrarian prediction either. I didn't know consensus was that returns would be this low. That's barely at the inflation target.
Submitted October 05, 2021 at 12:44AM by FCrange https://ift.tt/2Ynn2sI
