Die Gedanken sind frei, except I'm not allowed to publish all of them.
Tuesday, August 5, 2014
Intermediate term bonds have beaten stocks handily over the last 15 years
Morningstar shows the total return from VBIIX for the last 15 years at 6.45% per annum to August while the average return from the S&P500 for the 15 years through June has lagged at 4.23% nominal.