Equity markets and the upward drift

Following the earlier post that quoted Daily Speculations on chronic pessimism, the following chart and tables from the Barclays Capital Equity-Gilt Study (2006) provide further illumination on the benefits of staying invested in the market. As traders we spend our lives trying to extract alpha, but that’s no excuse to overlook beta:

Click on the images to see them clearly.

long-term-investment-returns-chart.jpg

investment-table.jpg

real-returns-table.jpg

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One response to “Equity markets and the upward drift

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