Crestmont Research: Waiting for Average

Discussion in 'Retirement Planning Forum' started by DHK, Mar 6, 2017.

  1. DHK
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    DHK Well-Known Member

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    Just found this from Crestmont Research:

    Waiting for Average (written April 2016):

    https://www.crestmontresearch.com/docs/Stock-Waiting-For-Avg.pdf
     
  2. walthamny
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    walthamny Well-Known Member

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    There are arguments also why 10.1% may be too low. We don't necessarily know how medical advances and technology will play. They don't have to follow the same pattern since 1926. There is also the argument that the true market is not represented in the SP500. There is greater diversion now. Fidelity is a giant company privately owned never listed. We did not have this much private equity during 1926.

    Random Walk on Wall Street has a good summary of these arguments.
     
  3. DHK
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    DHK Well-Known Member

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