What is Nostr?
matthew / Matthew
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2025-02-07 11:17:22

matthew on Nostr: The rate of return on US stocks over a medium-term (3 years or more) has replaced US ...

The rate of return on US stocks over a medium-term (3 years or more) has replaced US treasury yield as the long-term risk-free rate of return.

The system only functions - using that term loosely - with stocks continuing to make new all-time highs. If your savings aren't growing at the same pace as the rate at which the S&P 500 compounds, you are losing real purchasing power.
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