Stocks have performed really poorly these past ten years or so. Right?
Maybe not. Here's a table showing the rolling average over multiple ten year periods.
S&P Rolling Ten Year Returns: Better Than You Think has the details:
"While the period from March 2000 through now has been classified as
the dark ages for investing, the rolling ten year returns for the
S&P 500 hit their highest levels since January 2008 this month.
chart below shows the historical rolling ten-year returns for the
S&P 500 going back to 1938.
As shown in the chart, the returns have
been rebounding from multi-decade lows in the last couple of years and
are now up to 51.9%. In other words, $100 invested in the S&P 500
ten years ago this month is worth $151.9 today.
Before we start calling it a golden age for equities, though, we
would note that a big reason for the current positive level is the fact
that this Summer also represents the 10-year anniversary of the end of
the dot-com bear market that went from Spring 2000 through Summer 2002.
Time sure flies when you're having fun. Doesn't it?
Equity investing is a long term proposition. It's a good bet, too.
Even when it's "terrible," it's still pretty good.
Especially when compared to other forms of investing.
And you can always sell and stop playing whenever you decide to do so.
Unlike real estate and other illiquid investments.
That ability to take the money and run, even if it's not intended to be and never is actually used.