Point of View Economy – Markets – Investment Strategy ...
Stock market arithmetic Total return = 7.7% earnings-driven price + 2.2% dividends reinvested +9.9% per year S&P 500 total return over the last 27 years is in line with the stock market’s long-term returns going back to 1926, or back even further to 1871.3 Source: Standard and Poor’s. ................
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