One of the biggest challenges for investors is developing reasonable expectations for future returns. Do you expect hot markets to continue to produce market-beating returns? Do you expect big bear markets to continue to rob investors of their life savings? If so, you are likely setting yourself up for disappointment. In this podcast Paul looks …







One of the biggest challenges for investors is developing reasonable expectations for future returns. Do you expect hot markets to continue to produce market-beating returns? Do you expect big bear markets to continue to rob investors of their life savings? If so, you are likely setting yourself up for disappointment. In this podcast Paul looks back at 5 decades.

• What can an investor learn from the past?

• Might the best lesson be to keep your hands off your investments?


To get the most from this podcast, see:

The S&P 500 FTYAA table

Monthly investments over 49 years