Bubba Gump

U.S. Stock Market Returns: What's In Store?

"This gives rise to the all-important question: does one’s entry level into the market, i.e. the valuation of the market at the time of investing, make a significant difference to subsequent investment returns?"

Let's see. Does the price you pay for an investment have any impact on total return? The author seems to have put a lot of energy into answering that question. Why did it only take me 2 seconds to answer, DUH!