just discussing with colleagues the other day,
well, as always, I seem to remember everything, but there may be a mistake in the details)
at all, you can think of stocks in the long run like this:
* growth in value at the level of GDP growth, ie. for the USA 2%-3%
* by reinvesting dividends, something like 8%
* the first is more important than the second for memorization;)
there are two things to remember about bonds:
* these are not promotions for you, inflation will bury everything in longran
* when capital preservation is more important than loss from inflation – this is a trifle compared to the cyclical loss of value of shares / other assets, the more raw materials.
