Re: Rate of return since Aug of 1999

Sounds like an accurate rate to me.

Unforutnately the current financial philosophy is that everyone
should now be wholely responsible for their retirement, medical,
housing, college etc.  They should save and invest for these,
with some tax incentatives from Wahsington.
Many of the investment calculators still use 8-12% annual return
figures.
Parts of the 1980s and 1990s were this good, but the 21st century
is not shaping up as well.

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