[torkins]

The graphic isn't presented to compare stocks with the alternatives of cash/bond yields. I think the major service done here is setting a realistic expectation for the returns you might see in your lifetime. It's especially relevant for people who's major investing periods have/will occur in the 2000-2020 timeframe of sluggish growth and ultra-low yield. The Jeremy Siegel '8%' number is a really dangerous number to set your expectations on when saving. If you do, you might be 20 years in and well outside the bounds of a timeframe where compound interest can help you live the retirement you were aiming for before you realize your mistake.