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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (1996)	11/4/1997 9:45:00 PM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

Two points. One -- assuming the "20% run ups every 6 months" and a 10% correction once every year, the Dow should be closer to 30,000 in 5 years, not 15,000! And two, your 30% a year rate of return is quite close to the 34% a year that some investors expect, according to a survey. However, they do one better than you and say that rate of return would last the next 10 years! Dipy. ================================================================== Agree on Point#1. Point#2 I believe I heard Brinker say or read somewhere that the WallStreet Journal wondered about this and found that: 1) Most investers thought the question meant "TOTAL" return, not "ANNUAL" return since it was not stated in the poorly worded survery. 2) The Mean expectation for annual return is much closer to between what we have been seeing the past few yrs and what financial planners use (10%/Yr)so Joe Public isn't as stupid as some think.... Kirk Lindstrom<br> Editor: suite101.com Personal Finance and Investing <br> netcom.com My Home Page <br> netcom.com MyFinance Page