The
stock market may be down slightly for the year. But the 3-year average annual
return for the S&P 500 index of large stocks is a positive 12%. Long term
investors will have good and bad years but we should be quite happy with 12%
average returns. I'd be happy with half that in the years ahead. Even at just
6%, your money would double in about a dozen years.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com
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