A century of the S&P 500
Long-run returns look smooth. Getting there rarely feels that way.
A strong average, built from a century of uneven years
Since 1926, the S&P 500 has returned roughly 10.5% a year on average, including dividends reinvested, or about 7% after inflation. Reinvested dividends account for a large share of that total: roughly 40% of the index's long-run return has come from dividends, not price gains alone. That average includes the Great Depression, multiple recessions, and drops of 30% or more, which is the point. The return compensates investors for staying invested through the bad years, not just the good ones.
Equities move on a different clock than gold or real estate
Stocks are claims on company earnings, so they respond to a different set of pressures than a physical metal or a piece of property. That's the case for holding all three: when one asset class is under pressure, the others aren't necessarily moving the same direction. Our live-market training exists to help you participate in equities, options, and futures with a clear understanding of the risk, not just the upside.
Talk through where equities fit in your plan
A complimentary consultation covers your current holdings, risk tolerance, and where training or funded capital could help.