The Next 20 Years
What might the last 20 years say about possible asset returns for the next 20 years. Here are returns for various assets from two different time periods. The table is divided into two sections. One section is assets that have performed near or above their historical returns over the last 20 years and the other sections has the assets that have underperformed their historical long term averages. The expectation is that over the next 20 years the assets that have underperformed