FYI: Investors in U.S. equities have been well-rewarded in the post WWII era. For example, over the 70 calendar years from 1949 through 2018, the S&P 500 Index returned 11.24%. And with inflation rising 3.41%, it provided a real return of 7.83%.
Should investors extrapolate that return going forward? Before doing so, you should consider how the 11.24% return was achieved. Among the questions that should be asked are:
Regards,
Ted
https://www.etf.com/sections/features-and-news/swedroe-post-wwii-us-returns-changing-nature?nopaging=1
