Posted by on Nov 1, 2019 in Articles & Advice, Blog, Columns, Featured |

Image Credit: Alex Nabaum



By Jason Zweig | Nov. 1, 2019 10:57 am ET


Future returns on stocks may well be lower than the past decade’s lavish annual average of nearly 14%. Even so, we should thank our lucky stars for living at a time when we can capture nearly all the return stocks produce.

That wasn’t always the case. Until a few decades ago, earning the stock market’s total return — changes in price, plus the additional growth obtained by reinvesting dividend income — was nearly impossible. Not only were trading costs and fund expenses vastly higher than today; the technology to capture total return didn’t exist.


To read the rest of the column:


For further reading:


Benjamin Graham, The Intelligent Investor

Jason Zweig, The Devil’s Financial Dictionary

Jason Zweig, Your Money and Your Brain

Jason Zweig, The Little Book of Safe Money


Articles and other resources:

Putting the Buy-and-Hold Gospel to the Ultimate Test

A (Long) Chat with Peter L. Bernstein

Has There Ever Been a Better Time to Be an Investor?

Stock Picking for the Long, Long, Long Haul

A Short History of Folly

Will You Be Ready When the Stock Market Crashes Again?

When the Stock Market Plunges…Will You Be Brave or Will You Cave?