Subject: Re: OT: S&P versus T-Bills?
How often has the S&P500 5-year return been below 20%? Not very often.


For all 60 month (5 year) rolling periods, 1950 to 2017,
520 of 731 had more than 20% total return.
211 of 731 had below 20% 5-year return.

Sadly, 139 of 731 had a 5 year negative return.