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Returns

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Future returns are heavily dependent on starting valuation

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Value outperforms during recoveries

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Visualizing 200 years of US Stock Market History

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Interest Rates Can Remain Low For A Long Time

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Rolling returns of S&P500 Composite Index

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Value of $10K Invested (Bloomberg Data 1994-2019)

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Projected 10-year nominal actual total returns

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The Importance of a Long-Term Perspective (FactSet 1996-2019)

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Gold vs. S&P500 Returns During Drawdown Periods

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What a $1,000 investment in 2001 could be worth now (Schroders MSCI Global Index 2001-2019)

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