Part 1/8:
Understanding Stock Market Returns: A Closer Look at the 10% Figure
When it comes to investing, a prevalent belief circulating among many is that stocks will yield an average annual return of 10% or more. However, this notion is misleading and can lead to detrimental financial decisions. As articulated by Ben Felix, a portfolio manager at PWL Capital, it's essential to dissect where this figure originates from and why it may not be a reliable estimate for expected returns.