Each year Aswath Damodaran at NYU kindly updates the annual returns for stocks (S&P 500), bonds (10 year Treasuries) and cash (3-month T-bills) going back to 1928. I love this data because stocks, bonds and cash are the building blocks of asset allocation.1 Sure, you can add other asset classes and strategies but those three…
Market History
Can the U.S. Stock Market Continue to Dominate the Long Run?
Can the U.S. stock market keep growing?
Why Invest in Stocks When Bond Yields Are Higher?
In the fall of 1981 the yield on 30 year U.S. Treasury bonds hit 15%. Fifteen percent! For 30 years! One million dollars invested at that time would have been paying out $150,000 a year in interest for 3 decades.1 Can you imagine how much demand there would be for bonds yielding 15% for that long…
The Long-Term Wins
Some people might think it’s bizarre that turning the page on the calendar should matter to investors. Why do investment professionals care about the end of a month, quarter or year? These periods do seem arbitrary but the changing of the calendar from one year to the next offers a good chance for market nerds…
How Dividends Juice Your Returns in the Stock Market
Why dividends are more important than you think for stock market returns.
How Do Stocks & Bonds Perform Following Big Down Years?
Market performance after the worst years in history for stocks, bonds and a diversified portfolio.
Why Should You Invest in the Stock Market?
Is the stock market a Ponzi scheme?
How Often is the Market Down in Consecutive Years?
Stocks and bonds are rarely down two years in a row but it can happen.
Finding Progress in a Sea of Negativity
Why I’m optimistic about the future.
The Last Time the Fed Created a Recession
Differences between now and the 1970s.
