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The tyrant "has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."
Tuesday, January 3, 2023
Long-term investment grade bonds for long term investors vs. the S&P 500
Return for VWESX, Vanguard's Long-Term Investment Grade Bond Fund, inception July 1973-December 2022:
7.48%.
Return for S&P 500, average nominal, dividends fully reinvested, July 1973-December 2022: