Stocks For The Long Haul

 |  Includes: DIA, SPY
by: Calafia Beach Pundit
With the Dow Jones Industrial Average today reaching a new all-time high, it's appropriate to step back and put this achievement in a long-term context. What we see is that stocks have delivered about a 7% annualized price return for those willing to be very patient and adopt a buy-and-hold strategy. Including dividends, the S&P 500 has delivered a total annualized return of just over 11% since 1950.
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