" the real return on stocks and bonds from
1793 through 1942 was almost identical (McQuarrie 2020b). Up to that point it had been a horse race, with sometimes stock investors ahead, sometimes bond investors—a quite different picture
than seen in Siegel (2014).
From 1946-1968 stocks so smoked bonds that bonds will never catch up when any time frame includes that two decade period. But before that, stocks and bonds were basically equal. After that, stocks did better but with a whole lot more risk.
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
Heading to Maine early tomorrow morning for some fun in the sun! :)
In the meantime, read this piece by Andrew Biggs.
See you next week!
andrew biggs @biggsag writes...you read. This is not negotiable
https://littleknownfacts.substack.com/p/the-two-charts-any-social-security
We'll review various 25 year time frames under the "harvest your gains retirement plan"
Here's the link! https://vimeo.com/event/6194932