20 things you don’t know about the market (or may surprise you). #1- Normal stock market returns are extreme -MEB FABER Research

We started a new series to be a short paper here, but I thought it would drop this article every summer.

#1- Normal stock market revenue is extreme

Most investors understand that stocks earn about 10%annually over time.

However, many investors may not be able to recognize the volatility paths that stocks often take to achieve 10% profit. It is not 10%, 10%, or 10%.

Average over the last 125 years Year It was 21%in the market!

average Year -14%.

It is about three times over the years for years. In fact, more than 25% more than a few years.

But several years are still happening, and when they do so, they are scary. Each year, the average small caps with high volatility near the bear market decrease.

Maintaining the course can be 10%difficult to be difficult.

Thank you for KEN Fisher for inspiring the intern AVA for the chart!