Post #255 by tecmo on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks ❤

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No, I never said "future market returns will also be terrific".

and then

I'm talking to people in their wealth building years who are decades away from retirement. Don't listen to pessimists who have been proclaiming that the market is overvalued every year since 2011. They've been telling you your future is bleak, in terms of expecting average market returns. They've been wrong every year.

I guess this might be a difference of perspective; but seems like you are implying that future returns will be similar to those in the past - and its not at all obvious that will be the case.

BTW: Nice strawman. I don't know anyone who has claimed that the market is overvalued every year for since 2011 - in fact many who are now claiming the market is expensive have also "pounded the table" at various points in the past indicating that it was time to "back up the truck".

tecmo
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