Quote:
Originally Posted by sob
I'd love to know where I could get 8-10% annually.
|
That 8 - 10% is not probably not a one year annual rate, but probably a long term return (think 30 years). Historically speaking, rates of return like that are very easy to obtain if you position yourself correctly.
Keep in mind that our markets are "boom/bust" cycle. You'll usually have a booming market followed by a bust followed by a boom followed by a bust... In then end the market keeps trending upward.