Quote:
Originally Posted by Lenny2
No we're doubting a 15% average annual return over a long period of time. It just isn't going to happen for 99.9% of people.
If you're really good at timing the market and picking stocks you can do that, but the average Joe who puts money into a mutual fund and leaves it there is going to do 8-12% over the long term.
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To tell you the truth putting your money into mutual fund is not very wise. Most mutual funds will underperform the market, you'll be better off buying index funds in the long run. Trying to time the market is not a good idea neither.