Protestors take to the streets yesterday afternoon and
through the night in Cleveland, Ohio, USA, after a white police officer is acquitted
on charges of killing two blacks in a car riddled with bullet holes. In 2012,
the car may have backfired as it passed the police station and officers thought
there were gun shots. A huge 25-minute car chase developed and when the car
stopped it was riddled by 137 bullets by a dozen police officers. The courts
say they cannot pin the killings directly on
[Text is Redacted: Purchase May 2015-05 to Read the Complete Chronology]
Bogle says a +7% annual return should be expected for long-term investors. As with all forecasts, it depends on the beginning and end dates. Following Bogle’s advice in the first decade of the 2000’s as the dollar dropped provided no net return on investment. The only way to know if he will be correct is to look back 20 years from now in 2035 to see if he was correct, or not. In the shorter term, few investors can stomach perhaps a -50% haircut in their capital should a major market event occur over the coming months and years.
[Text is Redacted: Purchase May 2015-05 to Read the Complete Chronology]
Bogle says a +7% annual return should be expected for long-term investors. As with all forecasts, it depends on the beginning and end dates. Following Bogle’s advice in the first decade of the 2000’s as the dollar dropped provided no net return on investment. The only way to know if he will be correct is to look back 20 years from now in 2035 to see if he was correct, or not. In the shorter term, few investors can stomach perhaps a -50% haircut in their capital should a major market event occur over the coming months and years.
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