"King Kong" 1933 |
Your average annual nominal return from the S&P500 with dividends fully reinvested comes to 4.61% from October 1999 through October 2014, per Ironman.
Your average annual nominal return from the Vanguard Intermediate Term Bond Index Fund (VBIIX) for the fifteen years to 11/28/14 has been 6.48%, per Morningstar.
That's a 40% better rate of return from bonds than stocks on average.
"Hey, what's this show about, anyway?
"I don't know — they say it's some big gorilla.
"Oh, geez — ain't we got enough of them in New York?"