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Reply #15: no responsible trader projects 8 percent returns
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amazona
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Fri Dec-10-04 04:43 PM
Response to Reply #8 |
15. no responsible trader projects 8 percent returns |
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Today responsible advisors tell you to expect closer to 3 to 4 percent returns...6 percent at the most. T. Rowe Price would be a good example but I don't know any responsible advisor who is still telling people that they can get 8 or 10 percent LONG TERM.
Now irresponsible hobbyists and newsletter sellers...yes...lots of them are making impossible claims. But we will not see the roaring 90s again in our lifetime. Take the bull market of the 90s out of the averages for the lifetime of the market, and it gets ugly, ya'll. People betting on 8 to 10 percent annual returns will be living out of cardboard boxes.
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