Broad Oak: your emotional support animal

Thursday, July 28, 2011

When investing, remember inflation

The lowest point (so far) in the above monthly sequence was February 2009. But we've still lost a third in real terms overall since the start of the Millennium.

And what does this shape suggest to you about future returns?


INVESTMENT DISCLOSURE: None. Still in cash, and missing all those day-trading opportunities.



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1 comment:

Paddington said...

Unless something catastrophic happens, returns will oscillate about 0, after inflation?