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by wileydragonfly 61 days ago
Nobody gets 10% a year
2 comments

S&P 500 average return over the last 5, 10, 50, and 100 years was higher than that.
Last 5 Years: ~12.5% Last 10 Years: ~14.0% Last 50 Years: ~11-12% (reflects performance since the mid-1970s) Last 100 Years: ~10.4%
...unless there's considerable uncertainty about future payments. Happily for the sellers of dubious assets, the world never seems to run out of people who can't resist a deal that's too good to be true.