Quote:
Originally Posted by DAB
the study done long ago used historical data, ups and downs, covering 30 year time periods from 1929 (i think) to the 90s or so. even with down cycles, the ups made up for the downs on average.
so, yeah, we all want 10-12% per year (that's what Dave Ramsey assumes  ), but i'm ok with reducing risk and being happy with 6%.
if you do it right, you get to a certain point where you can stop taking so many risks. risks have ups, and large downs too.
i think i figured some time ago that if we averaged 6% long term, we'd end up with more than we started with and live nicely too. |
I've reached my risk tolerance for the time being, so I cashed out for now.
For the past 5 years, I have averaged 12.5%. This year... 26%, so that'll bring the average up. I've had a couple years like this in the past, and a couple less than 5%. I just don't feel alive unless I have skin in the game.
