Posted on 03/31/2011 7:36:01 PM PDT by harpu
How does an article containing an assertion like this get past the editors at WSJ, of all places, when they know as well as anyone that the stock market has gone nowhere for the last ten years and with inflation factored in, a $500 purchase ten years ago would now cost the purchaser about $400? This “8% Forever Market Returns” meme the financial media loves so much seems to come straight out of the last days of the Roman Empire...and their newfangled iSlates couldn’t save them, either. :)
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